IBM joins forces with Micron to enhance its state of the art Flash System Storage Arrays.
The memory chipmaker is reportedly providing its high powered flash memory chipsets to IBM’s massive systems.
Meanwhile, Mizuho Securities issued positive comments about DRAM prices after Hynix posted financial results for its first quarter earlier this week.
Well we aren't headed for a depression and losing 8 HUNDRED THOUSAND JOBS a month either.
You're light headed again try another donut. MU is making it's move now because anticipation is a strong 3rd and 4th quarter. SMH is another good tracker for semi's and it's saying the exact same thing. Don't fight the trend DD it will crush you. Obviously there will be down days from time to time but the big boys are placing their bets in the semi arena and I will follow the money with them.
You have been warned for several months now about the fate of Linn and you chose to ignore the facts and continue to make foolish predictions about the company. Take off those rose colored glasses and get your .12 or .13 cents while you can. A lot of us have lost a considerable amount of savings here but no benefit crying over spilt milk. Good luck with your future investments and time to close the book with this nightmare.
MU is up over $3 bucks the past month and you're complaining about a .20 cent loss today. You picked the right screen name! Don't be surprised if this tests green at some point today after the usual 10:15 take down.
Maybe you should dilute that rot gut you're drinking.
Samsung is concerned about over supply because of competition from expansion of NAND flash plants by Intel and Micron as well as Toshiba and other Chinese upstarts. Samsung's postponing of production increase has nothing to do with the technology itself. Some predict that Samsung will execute its second phase investment in it's semiconductor plant later this year. It's just a timing issue and nothing else. I'm amazed that someone who has a negative opinion of all things concerning MU would not be aware of this news which has been available for several months now. Maybe you don't know as much about MU and the industry as you think.
You're working too hard dozen and you're starting to look a bit pathetic as well. Do you have any idea what the SOXL ETF is. Let me help you it's a ETF that tracks all of the major Semiconductors. Guess what if you look at a 1 month chart of MU and the SOXL you will see an almost identical move up. You see the entire industry has bottomed and looks very bullish for the rest of the year. A rising tide is lifting all boats in this sector including MU. Time for your evening donut big guy!
Warren Buffett is a buy and hold investor. He usually holds investments for a VERY long time.
“We select such investments on a long-term basis, weighing the same factors as would be involved in the purchase of 100% of an operating business:
(1) favorable long-term economic characteristics;
(2) competent and honest management;
(3) purchase price attractive when measured against the yardstick of value to a private owner; and
(4) an industry with which we are familiar and whose long-term business characteristics we feel competent to judge.”
“If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes”
“When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.”
Actually where I live here in America it was up $.43 cent not $.20 as you claim. I hope you're not handling your own money.
Micron Technology, Inc. (MU)
12.75 Up 0.43(3.49%) 4:00PM EDT
Here's your power surge donut.
Shares of Micron gained more than 3 percent Tuesday after Crucial, one of its subsidiaries, unveiled a new type of server memory designed to protect data from power surges.
Historically, companies have used uninterruptible power supplies, solid state drives (SSDs), mechanical hard drives (HDDs) or other devices to ensure the security of critical data. While this method of preserving critical data has been effective, the backup and restore times have been very long due to the latency and write times of the SSD and HDD," Crucial said in a release.
"Today's applications such as relational databases, scale-out storage, data analytics, and in-memory databases require much faster backup and restore times," it said.
Micron gained the most within the S&P 500's tech sector, which was leading the benchmark index higher in late-morning trade.
Also lifting Micron shares were spot prices of dynamic random access memory (DRAM), which were heading higher, C.J. Muse, an analyst at Evercore ISI, told CNBC by email.
Still, Mircon's stock is about 10 percet lower this year and down nearly 50 percent lower over the past 12 months.