NUREMBERG, Germany, April 09, 2024 (GLOBE NEWSWIRE) -- Embedded World -- Micron Technology, Inc. (NASDAQ:MU), today announced it is sampling the automotive-grade Micron 4150AT SSD, the world's first quad-port SSD,1 capable of interfacing with up to four systems on chips (SoCs) to centralize storage for software-defined intelligent vehicles. The Micron 4150AT SSD combines market-leading features such as single-root input/output virtualization (SR-IOV), a PCIe® Generation 4 interface and ruggedized automotive ...

The chipmaker got some love from a Wall Street analyst.Shares of Micron Technology (MU 0.01%) popped on Monday morning, jumping by as much as 5%. As of 11:36 a.m. ET, the rally had faded somewhat, though the stock was still up 1.2%.The catalyst that sent the memory and storage chipmaker higher was a vote of confidence from a Wall Street analyst.Increasing prospectsKeyBanc analyst John Vinh maintained his overweight (buy) rating on the stock while increasing his price target to $150 from its previous level o ...

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Everybody and his uncle is looking for the “new” or “next” Nvidia (NASDAQ:NVDA). I’m telling you right now, it’s Micron Technology (NASDAQ:MU). The artificial intelligence hardware industry is booming and if you really want to participate and build wealth, look at Micron Technology stock.Micron isn’t currently a member of the Magnificent Seven. However, if there’s a reshuffling of the Mag-7 or some other elite group replaces it, Micron should definitely be included. I assure you, once you’ve seen Micron’s r ...

With Wall Street going wild for anything remotely associated with artificial intelligence, it’s time to add another name to the list: computer memory and storage products specialist Micron (NASDAQ:MU). While it’s not delivering the performance of Nvidia (NASDAQ:NVDA) or Super Micro Computer (NASDAQ:SMCI), MU stock has been a hot commodity, gaining over 55% year to date. It could get even hotter.Recently, Bank of America Securities analyst Vivek Arya assigned a “buy” rating on MU stock along with a price tar ...

Micron Technology Inc (NASDAQ: MU) has more than doubled over the trailing twelve months. But does it have what it takes to be the next Nvidia Corp (NASDAQ: NVDA) for investors?Let’s explore. What makes Micron stock worth owning in 2024? Copy link to section Micron is one of the world’s largest producers of DRAM and NAND.In fact, its memory chips are more power-efficient than SK Hynix and Samsung – two of its largest global competitors. This is what makes $MU products more attractive for higher-end servers, ...

The company apparently dodged a large-scale natural disaster on a day when it was tapped as one of an analyst's top picks.Veteran memory chip specialist Micron Technology (MU 4.29%) was one of the tech sector's clear winners on Wednesday. That's somewhat unexpected, given that much of the company's memory chip production is located in Taiwan, which was hit with a powerful earthquake the day before. But Micron's swift reassurance of the situation, plus its tagging as a top pick by an analyst, earned it more ...

BOISE, Idaho, April 03, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today reported that following the earthquake that struck Taiwan on April 3, 2024, all of Micron's team members have been accounted for and reported to be safe. Our thoughts are with those affected and their families. We are evaluating impact to our operations and supply chain. We will communicate changes to delivery commitments to our customers after this evaluation is completed. About Micron Technology, Inc. We are an indu ...

Micron's stock is soaring, but how much higher can the AI boom lift it?Memory chip maker Micron Technology (MU -1.25%) is grooving nowadays. The stock more than doubled in 52 weeks, including a 27% surge in the last month alone.It's fun to see a longtime favorite stock post record share prices and return to valuation ratios not seen since the height of the dot-com bubble, but will Micron shares stay at these lofty heights? Is Micron's stock surge built on solid ground or shifting sand?I'm not so sure, actua ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...