Micron Technology showed strength in the artificial intelligence market but weakness in the consumer space.In today's video, I discuss recent updates affecting Micron Technology (MU 3.48%). To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the pre-market prices of Dec. 19, 2024. The video was published on Dec. 19, 2024. ...

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have a beneficial long position in the shares of MU, NVDA either through stock ownership, options, or other derivatives. I wrote this article ...

Memory chip manufacturer Micron (MU 3.48%) threw investors for a loop on Thursday with a quarterly report that featured an outlook that wasn't even in the ballpark of Wall Street's expectations.In the first quarter of its fiscal 2025, Micron's performance was solid, buoyed by soaring demand for high-bandwidth memory (HBM), which is critical for AI accelerators. However, the companies that buy its PC and mobile memory chips now have too much inventory on hand and are pulling back. Micron's guidance for the f ...

The semiconductor industry is the beating heart of the artificial intelligence (AI) revolution. Most investors are focused on Nvidia (NVDA 3.08%) -- and rightly so, because it makes the best data center chips for developing AI -- but it isn't the only semiconductor company cashing in on this technology boom.Micron Technology (MU 3.48%) is a leading supplier of memory and storage chips, which have become important components of the AI hardware story. As a result, the company's data center revenue is soaring ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Bashar is a contributing writer at Seeking Alpha, focusing on Long/Short investment ideas, with a geographic focus in North America. Before that, Bashar worked at an Investment Fund in the United Kingdom. He has a Master's degree in Finance from the Queen Mary University of London and a Bachelor's degree in Economics from Middlesex University.Analyst’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 t ...

Micron Technology (NASDAQ: MU ) stock cratered after hours despite reporting record Q1 revenue and 400% YoY growth in data center sales. The market was much more focused on the fiscal Q2 guidance that significantly lagged analystRetail investor researching mostly semiconductors and fintech. Some general macro musings. My goal is to bring you timely and digestible research on the stocks that I cover.Analyst’s Disclosure: I/we have a beneficial long position in the shares of MU either through stock ownership, ...

Tired of losing money? Our Tech Contrarians team of Wall Street analysts sifts through the noise in the tech industry and captures outperformers through a coveted research process. We let the work speak for itself here .Analyst’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 receiving compensation for it (othe ...

Micron Technology (NASDAQ: MU) experienced a sharp 16% plunge on December 19, marking its worst trading day since March 2020. The sell-off followed the release of disappointing guidance for its fiscal second quarter, which fell significantly below Wall Street expectations, overshadowing its otherwise robust first-quarter results of fiscal 2025.Micron one-day price chart. Source: Google FinanceThe stock closed at $87.09, down nearly 45% from its all-time high in June, as concerns mounted over weaker demand f ...

Micron Technology (NASDAQ: MU) experienced a sharp 16% plunge on December 19, marking its worst trading day since March 2020. The sell-off followed the release of disappointing guidance for its fiscal second quarter, which fell significantly below Wall Street expectations, overshadowing its otherwise robust first-quarter results of fiscal 2025.Micron one-day price chart. Source: Google FinanceThe stock closed at $87.09, down nearly 45% from its all-time high in June, as concerns mounted over weaker demand f ...