Micron resumes buybacks; shares gain

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Micron Technology (MU) says share repurchases may resume

August 7, 2024 8:49 AM EDT

Micron Technology (NASDAQ: MU) disclosed:

On May 21, 2018, the Company announced that its Board of Directors had authorized a stock repurchase program (the Repurchase Program) through open market purchases, block trades, privately negotiated transactions and/or derivative transactions, subject to market conditions and Micron's... More

Micron Technology (MU) slashed its Q1 guidance: KeyBanc

August 6, 2024 3:14 PM EDT

According to KeyBanc analysts, Micron's management lowered FQ1 guidance at a recent investor event.

"Presenting at KBCM's Technology Leadership Forum, management provided an update and trimmed its outlook for F1Q (November) to flat bit shipments q/q from prior expectations of modest sequential growth. MU noted its... More

Micron Technology (MU) PT Lowered to $145 at KeyBanc

August 6, 2024 2:57 AM EDT

(Updated - August 6, 2024 10:14 AM EDT)

KeyBanc analyst John Vinh lowered the price target on Micron Technology (NASDAQ: MU) to $145.00 (from $165.00) while maintaining a Overweight rating.

The analyst commented, "Presenting at KBCM's Technology Leadership Forum, management provided an update and... More

U.S. chips names open sharply lower amid broad market losses

August 5, 2024 9:35 AM EDT

(Updated - August 5, 2024 9:38 AM EDT)

Shares of major U.S. chip companies, namely AMD (NASDAQ: AMD), Qualcomm (NASDAQ: QCOM), Broadcom (NASDAQ: AVGO), Intel (NASDAQ: INTC), Micron (NASDAQ: MU), Super Micro Computer (NASDAQ: SMCI), are all trading sharply lower post open on Monday, all down 6-8%, amid the broader market selloff.

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Micron Technology (MU) Develops Industry’s First PCIe Gen6 Data Center SSD for Ecosystem Enablement

August 5, 2024 9:03 AM EDT

FMS: The Future of Memory and Storage Micron Technology, Inc. (Nasdaq: MU), today announced it is the first to develop PCIe® Gen6 data center SSD technology for ecosystem enablement as part of a portfolio of memory and storage products to support the broad demand for AI. Addressing these demands, Raj Narasimhan, senior vice president and general manager of Microns Compute and Networking Business Unit, will present a keynote at FMS titled, Data is at the heart of AI: Micron memory and storage are fueling the AI revolution, on Wednesday, Aug.... More

Active options: PLTR SNAP SOFI MU BAC AVGO F SMCI HOOD GME MARA

August 5, 2024 4:24 AM EDT

Active options: PLTR SNAP SOFI MU BAC AVGO F SMCI HOOD GME MARA

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