US STOCKS-Futures rise as chip stocks bounce back after selloff [Yahoo! Finance]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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Source: Yahoo! Finance
Weekly jobless claims data due at 8:30 a.m. ET Futures up: Dow 0.20%, S&P 0.21%, Nasdaq 0.25% (Updated at 7:19 a.m. ET/ 1119 GMT) By Shashwat Chauhan and Shristi Achar A April 18 (Reuters) - Futures for Wall Street's main indexes gained on Thursday as chip stocks rebounded, while investors awaited commentary from Federal Reserve officials to ascertain the outlook for interest-rate cuts. Micron Technology rose 1.9% after a report that the memory-chip maker is set to get more than $6 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects. Other chip-related stocks such as Advanced Micro Devices , Nvidia and Broadcom gained between 0.7% and 0.9% in premarket trading. The gains follow a more than 3% drop in Philadelphia Semiconductor Index on Wednesday. It was also down nearly 13% from the record high levels seen last month amid receding bets on rate cuts. "Generally, fundamentals will be supportive of chip stocks, but also afte
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News
- Why Nvidia, Arm Holdings, and Other Artificial Intelligence (AI) Stocks Slumped on Wednesday [Yahoo! Finance]Yahoo! Finance
- Micron First to Ship Critical Memory for AI Data Centers [Yahoo! Finance]Yahoo! Finance
- Micron First to Ship Critical Memory for AI Data CentersGlobeNewswire
- Global DRAM (Dynamic Random Access Memory) DIMM (Dual In-Line Memory Module) Industry Report 2023-2033: Faster Data Transfer and Lower Power Consumption, e-Sports and VR Surge, HPC Propel Demand [Yahoo! Finance]Yahoo! Finance
- Futures fall as chip stocks drag, Fed rate decision awaited [Reuters]Reuters
MU
Earnings
- 3/20/24 - Beat
MU
Sec Filings
- 5/1/24 - Form 144
- 5/1/24 - Form 144
- 4/30/24 - Form 144
- MU's page on the SEC website