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Micron Technology (MU) Says Aware of China Review, Cooperating Fully - Bloomberg

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Mizuho Defending Micron Technology (MU), 'Buy the Pullback'

March 31, 2023 10:47 AM EDT

Mizuho Securities analyst Vijay Rakesh reiterated a Buy rating and $72.00 price target on Micron Technology (NASDAQ: MU)

The analyst comments "This morning, there are reports of a China Cybersecurity review of MU. It could be a double-edged sword, in our view, as: 1) China has... More

Micron (MU) drops as China launches cybersecurity review of its products

March 31, 2023 8:55 AM EDT

Shares of Micron Technology (NASDAQ: MU) are trading more than 3% lower in pre-market Friday after Chinas Cyberspace Administration announced today it will initiate a cybersecurity review of the companys products that are being sold in China.

The review is launched to ensure the security of the... More