The company beat earnings and gave better-than-expected guidance, defying skeptics.Shares of Micron Technology (MU -0.41%) rallied 20.9% on the week through Thursday trading, according to data from S&P Global Market Intelligence.Micron reported earnings on Wednesday, blowing away analyst estimates while also giving strong guidance. The move comes after the stock had been down nearly 50% from its June highs amid widespread concerns over memory demand. Therefore, the strong beat and guide caused a near-15% su ...

Micron Technology's earnings caused the semiconductor market to rally.In today's video, I discuss Micron Technology's (MU -0.01%) recent earnings and how they affected various semiconductor stocks. Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of Sept. 26, 2024. The video was published on Sept. 26, 2024. ...

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying MU stock? Here’s what analysts think: Read Next: ...

GERMANY - 2024/04/02: In this photo illustration, a Micron Technology, Inc. logo seen displayed on a ... [+] tablet. (Photo Illustration by Igor Golovnov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesMicron Technology (NASDAQ: MU) stock surged by about 16% in pre-market trading on Thursday, following a stronger-than-expected Q4 earnings report. Revenue rose 93% year-over-year to $7.75 billion, with adjusted earnings at $1.18 per share. The company is experiencing robust de ...

来源：公司年报、国金证券研究所 (MU.NASDAQ) 业绩简评 2024 年 9 月 26 日，公司公布 FY24 Q4 业绩，公司 FY24 Q4（24.6- 24.8）实现营收 77.50 亿美元，同比增长 93%，环比增长 14%，公 司 GAAP 毛利率为 35.3%，同比+46.1 pct，环比+8.4 pct，GAAP 净 利润为 8.87 亿美元，同比实现扭亏，环比增长+167%。公司 FY24Q4 Non-GAAP 毛利率为 36.5%，同比+45.6pct，环比+8.4pct，公司 Non- GAAP 净利润为 13.42 亿美元，同比实现扭亏，环比增长+91%。 公司指引 FY25Q1（24.9~24.11）营收为 87±2 亿美元，营收中枢 同比增长 84%，FY25Q1 GAAP 毛利率预计为 38.5%±1%，Non-GAAP 毛利率 39.5%±1%。 经营分析 分产品看，FY24Q4 公司 DRAM 收入 53 亿美元，位元出货量持平， 价格环比 15%左右增长。NAND 收入 24 亿美元，位元出货量高个位 数环比增长，价格环比 5%-10%增长。 数据中心领域，公司预计 C ...

Key TakeawaysThe S&P 500 added 0.4% on Thursday, Sept. 26, reaching a record closing high after a positive update on second-quarter GDP growth.Micron Technology shares soared as strong AI demand helped the memory chip maker blow past quarterly sales estimates.Shares of Super Micro Computer plunged amid reports of a federal investigation into the company's accounting practices. Major U.S. equities indexes pushed higher as the latest estimates from the Bureau of Economic Analysis showed that U.S. gross domest ...

Micron Technology, Inc. MU continued its upward trajectory Thursday after reporting upbeat quarterly results.Good traders know how to identify important price levels. These are called support and resistance levels. Sometimes these levels are clearly defined. As you can see on the chart, this is the case with Micron and the $108.80 level. This is why we have made it our Stock of the Day.If a stock is trending lower, there isn't enough demand, or buy orders, to absorb all the supply, or sell orders. As a resu ...

Stocks opened solidly higher Thursday thanks to a round of encouraging economic data and strong earnings from memory chipmaker Micron Technology (MU). And while the major indexes lost steam as the session wore on, one of the benchmarks managed to end at a new record close.  Investors had plenty of headlines to sift through today. On the economic front, the final reading on second-quarter gross domestic product (GDP) showed the economy grew at an annual rate of 3% over the three-month period, according to th ...

In our previous coverage of Micron Technology, Inc. (NASDAQ: MU ) stock, we had remained incrementally cautious about its lofty valuation. Admittedly, the company has been a key beneficiary of AI momentum over the past year. This continues to be driven byAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not ...

Key TakeawaysMicron Technology shares surged Thursday on its strong outlook, leading Nvidia and other semiconductor stocks higher. Nvidia, its partner Micron, and other chip companies have seen their revenue and stock prices climb amid a boom in demand for infrastructure to support AI.Micron CEO Sanjay Mehrotra said Wednesday the company's sales have nearly doubled from a year ago, with record-high revenue expected in the current quarter. Micron Technology (MU) shares surged Thursday after the memory chip ...