Grants support Micron's plans to invest approximately $50 billion in gross capex through 2030 Memory fabs in Idaho and New York to strengthen U.S. economic and national security, expected to create approximately 75,000 direct and indirect jobs across the U.S. semiconductor supply chain BOISE, Idaho, April 25, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), one of the world's largest semiconductor companies and the only U.S.-based manufacturer of memory, and the Biden-Harris Administration toda ...

Cracks are starting to form in the tech trade. After leading the market higher over the last 18 months, technology stocks are starting to waver. Since peaking in late March, the Nasdaq composite index has declined 6%. The pullback comes as markets adjust their outlook for interest rate cuts this year. In January, the market was pricing in at least six rate reductions in 2024. Now, only two interest rate cuts are anticipated. Higher for longer rates are troublesome for high-flying technology stocks, many of ...

The high-flying sector caught a bit of gloom at the end of the week due to several discouraging developments.As the trading week came to a close, investors were feeling rather downbeat about the semiconductor industry. Many stocks in the sector had been flying high on the great promise of artificial intelligence (AI) boosting their results. However, some sour notes in recent earnings reports from major "chippies" -- particularly in the guidance posted by sector king Taiwan Semiconductor Manufacturing (TSM - ...

It has been about a month since the last earnings report for Micron (MU) . Shares have added about 1.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Micron due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Micron’s Q2 Earnings & Sales Beat EstimatesMicron Technolog ...

aeduard/E+ via Getty Images As of April 1, Bankrate highlighted Micron Technology (NASDAQ: MU) as the fifth-best performing S&P 500 stock in 2024, with a 38.1% return. Investors are optimistic that this cyclical memory semiconductor manufacturer may be near the beginning of a multi-year run higher because they are beginning to notice improvements in recent earnings results. The company reported second-quarter fiscal year ("FY") 2024 earnings on March 20; the results surprised analysts and investors. Ana ...

Joe Biden’s administration reached an agreement to dole out a staggering $6.1 billion in government support for semiconductor manufacturer Micron Technology to produce advanced computer memory chips in New York and Idaho.Senate Majority Leader Chuck Schumer (D-NY) personally pursued US-based Micron to build what will ultimately be a set of four chip factories near Syracuse in the town of Clay, according to Fortune.”It will be the biggest memory chip plant in America,” Schumer said, per Fortune. “For the Syr ...

Micron Technology Inc. (MU) is poised to receive a substantial boost with reports indicating that it could secure more than $6 billion in chip grants for establishing factories in the United States, according to a report by Bloomberg. The award, which isn’t yet finalized, will be given under the U.S. government’s 2022 Chips and Science Act, which provides funds to chip manufacturers for domestic production.The chip grant, part of the U.S. government's efforts to bolster domestic semiconductor manufacturing, ...

财联社4月18日讯（编辑 夏军雄）周四，美股三大股指期货小幅上涨，欧洲股市多数走高。 （来源：英为财情） 上一交易日，受芯片股大跌拖累，美股三大股指集体收跌，标普500指数和纳指均连续四个交易日下跌，这是自1月初以来的首次，道指在连续八个交易日里七次出现下跌。 芯片股是过去几个月美股上涨的支柱，但最近下跌明显。例如，英伟达已从3月份的高点下跌了11%，AMD的股价更是下跌了27%。 4月迄今为止，美股三大指数月线均录得下跌，与一季度的强势表现呈鲜明对比。 Landsberg Bennett私人财富管理公司首席投资官Michael Landsberg表示：“最近几周股市一直在下跌，因为降息预期大幅下降。在第一季度市场表现强劲之后，投资者获利了结并不令人意外。” 美光科技美股盘前一度涨超3%，公司正在纽约州、爱达荷州建厂，下周有望获得超60亿美元芯片补助。截至发稿，涨幅收窄至1%。 公司消息 【微软据悉计划年底前囤积180万枚AI芯片】 微软据悉正在大规模囤积人工智能（AI）芯片，内部目标为在2024年底确保有180万枚AI芯片，将图形处理器（GPU）数量增加两倍。此外，微软据悉从这一财年到2027财年将在G ...

The answer might not be what you think.Since the advent of generative AI a little more than a year ago, Micron Technology (MU -4.47%) has been in the spotlight. Excitement regarding Micron's future prospects has fueled impressive gains of 94% over the past year (as of this writing), putting the stock within striking distance of yet another all-time high.The company is a leading supplier of memory (DRAM) and storage (NAND) chips that are essential components in AI processing, making it a beneficiary of these ...

Micron Technology, Inc. (MU) has once again demonstrated its leadership in NAND technology by achieving the mass production of its 232-layer QLC NAND. This significant advancement marks a new era in storage solutions, offering unparalleled performance across a wide range of applications.The 232-layer QLC NAND is now available in select Crucial SSDs (solid state drives), being volume-produced for enterprise storage customers and sampled to OEM PC manufacturers in the Micron 2500 NMVeTM SSD. Leveraging this c ...