Details from Sterne Agee CRT Management Call Shows the Market May Have Oversold Micron (MU)
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October 21, 2015 7:58 AM EDT
Needham & Company downgraded Micron Technology (NASDAQ: MU) from Strong Buy to Hold, saying Intel's focus on non-volatile memory adds to volatility.
Analyst Rajvindra Gill commented, "We downgrade MU to Hold following INTC's (covered by Quinn Bolton) announcement that it will expand investment in... More
October 21, 2015 6:59 AM EDT
BofA/Merrill Lynch downgraded Micron Technology (NASDAQ: MU) from Neutral to Underperform with a price target of $12.50 (from $17.00). Analyst Simon Dong-je Woo tied the downgrade to Intel's (NASDAQ: INTC)... More
October 20, 2015 3:28 PM EDT
Micron Technology (NASDAQ: MU) says it may use supply from Intel's (Nasdaq: INTC) China plant, according to Bloomberg.
Micron may participate in Intel's China plant more in the future. The company's joint fab strategy with Intel... More
October 20, 2015 2:00 PM EDT
Weaker early amid reports Western Digital is in advanced talked to acquire SanDisk, Micron Technology (NASDAQ: MU) weakened further mid-day which could be tied to Intel's moves in Non-Volatile Memory, where it is expanding.
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October 20, 2015 1:49 PM EDT
Intel (NASDAQ: INTC) announced plans to increase its investment in non-volatile memory technology to better serve customer needs and keep pace with the strong demand for Intel® Solid State Drive solutions. Rob Crooke, senior vice president and GM of the Non-Volatile Memory Solutions Group,... More
October 20, 2015 1:31 PM EDT
Micron Technology (NASDAQ: MU) hit session lows Tuesday afternoon, falling 7%.
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