Details from Sterne Agee CRT Management Call Shows the Market May Have Oversold Micron (MU)
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Needham & Company Downgrades Micron Technology (MU) to Hold
October 21, 2015 7:58 AM EDTNeedham & 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
BofA/Merrill Lynch Cuts Micron Technology (MU) to Underperform on Intel's Capex Plans
October 21, 2015 6:59 AM EDTBofA/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
Micron Technology (MU) May Use Supply from Intel's (INTC) China Plant - Bloomberg
October 20, 2015 3:28 PM EDTMicron 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
Micron Technology (MU) Mid-Day Weakness Tied to Intel's Expansion in Non-Volatile Memory
October 20, 2015 2:00 PM EDTWeaker 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.
... More
Intel (INTC) Expands Investments in Non-Volatile Memory
October 20, 2015 1:49 PM EDTIntel (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
Micron Technology (MU) Falls to Session Lows
October 20, 2015 1:31 PM EDTMicron Technology (NASDAQ: MU) hit session lows Tuesday afternoon, falling 7%.
