BOISE, Idaho, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) announced today that company executives will participate in fireside chats at the following investor events: KeyBanc Capital Markets Technology Leadership Forum in Vail, Colorado on Monday, August 5, at 9:00 a.m. Mountain time.Deutsche Bank’s 2024 Technology Conference in Dana Point, California on Wednesday, August 28, at 9:45 a.m. Mountain time. Live webcasts and subsequent replays of presentations can be accessed from Mic ...

Chipmaker Micron Technology (MU) was not spared from the tech sector rotation. The shares hit a record high of $157.53 on June 18, but have since taken a 30% haircut. If past is precedent though, this could be the time to take a flier on MU, considering the chip stock has pulled back to a historically bullish trendline.Micron is within one standard deviation of its 200-day moving average, per Schaeffer's Senior Quantitative Analyst Rocky White. For the purpose of this study, White defines that as the equity ...

If SK Hynix is growing high-bandwidth memory this fast, Micron's growth will be truly shocking.The artificial intelligence boom isn't just about chip stocks like Nvidia (NVDA -7.04%). It's also completely changing the dynamic random access memory (DRAM) market as we know it -- and for the better.High-bandwidth memory (HBM) has been a niche technology for a long time, but with the advent of generative AI, it's now seeing massive demand as the go-to memory for training large language models.Micron (MU -4.91%) ...

Micron Technology TodayMUMicron Technology$108.10 +0.25 (+0.23%) 52-Week Range$61.75▼$157.54Dividend Yield0.43%Price Target$158.72Add to WatchlistHaving had a spectacular run since the start of 2023, shares of Micron Technology, Inc. NASDAQ: MU are experiencing their juiciest sell-off in quite a while. Since hitting an all-time high in June, after logging gains of more than 200% in the 18 months previously, they've sunk 30%. There are a couple of factors at play here. Of course, the most obvious is that it' ...

BOISE, Idaho, July 30, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), announced today that it is shipping ninth-generation (G9) TLC NAND in SSDs, making it the first in the industry to achieve this milestone. Micron G9 NAND features the industry's highest transfer speed of 3.6 GB/s, delivering unsurpassed bandwidth for reading and writing data. The new NAND enables best-in-class performance for artificial intelligence (AI) and other data-intensive use cases from personal devices and edge serv ...

The excitement surrounding artificial intelligence (AI) has been a major driver of the stock market rally this year, with the market value of generative AI estimated to be around $1 trillion. AI’s potential to enhance productivity and transform industries such as marketing, healthcare, and manufacturing has fueled a surge in demand for leading tech companies. This surge has significantly boosted the stock prices of firms specializing in semiconductors and servers.In this context, Finbold analyzed the ongoin ...

Wipada Wipawin/iStock via Getty ImagesI hate the word “foreshadow.” Teachers in high school and college literature classes said it often. They were trying, I suppose, to tag things authors said early on as secret spoilers. That sounded pretty pompous to me. But watching Wall Street is leading me to reconsider. That’s especially so with regard to all things AI. I think George Orwell foreshadowed today’s AI disdain in his dystopian classic “1984.” Oceania, led by Big Brother had been warring with Eurasia. ...

Micron (MU) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing ear ...

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Micron (MU) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Micron is a member of our Computer and Technology group, which includes 617 different companies and currently sits at #7 in the Zacks Sector Rank. The Za ...

Micron (MU) has been on a downward spiral lately with significant selling pressure. After declining 19% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversol ...