42.78 +0.03 (0.07%)
After hours: 7:09PM EST
|Bid||42.75 x 600|
|Ask||42.77 x 100|
|Day's Range||42.65 - 44.20|
|52 Week Range||21.74 - 49.89|
|PE Ratio (TTM)||6.68|
|Earnings Date||Mar 21, 2018 - Mar 26, 2018|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||58.89|
Will the Market Force Be with Micron in Fiscal 2018? The increasing adoption of AI (artificial intelligence) and AR/VR (augmented/virtual reality) in Smartphones, industries, and gaming is driving memory content in the data center, mobile, embedded, and graphics spaces. The memory market is highly consolidated yet very competitive, keeping Micron Technology (MU) on its toes, ready to innovate and move to more advanced technologies.
Will the Market Force Be with Micron in Fiscal 2018? Micron Technology (MU) is a supplier of memory chips, and its customer base largely composed of PCs (personal computer) and data centers. With the advent of the mobile revolution, its customer base has expanded, reducing the cyclicity of the memory market.
Will the Market Force Be with Micron in Fiscal 2018? Micron Technology (MU) is a pure-play memory company that has always been given a low valuation because the cyclical nature of the memory market doesn’t encourage investors to hold it for the long term. Earlier, the memory market had ~13 suppliers.
Categories: Yahoo FinanceGet free summary analysis Micron Technology, Inc. reports financial results for the quarter ended November 29, 2017. Highlights Summary numbers: Revenues of USD 6803 million, Net Earnings of USD 2678 million. Gross margins widened from 25.47% to 55.08% compared to the same period last year, operating (EBITDA) margins now 59.05% from 28.46%. Change in operating ... Read more (Read more...)
The flash partnership between Micron (MU) and Intel (INTC) has ended, making it a hot discussion topic among analysts. At J.P. Morgan’s 16th Annual Technology Investor Forum, analyst Harlan Sur questioned Micron’s chief financial officer, Ernie Maddock, about the possible impact of the partnership termination. Intel funded Micron’s R&D (research and development) efforts in the NAND (negative AND) flash area.
In the latest update on Micron Technology (MU), Intel (INTC) ended its 12-year-old flash memory partnership with the memory chipmaker in order to focus its NAND (negative AND) technology in its data-centric business. The IMFT (Intel–Micron Flash Technologies) joint venture began in 2005, as the two companies made an extensive investment in building a plant in Lehi, Utah.
On December 5, 2017, Micron Technology (MU) filed a lawsuit against United Microelectronics Corporation (or UMC) and Fujian Jinhua Integrated Circuit Co. (or JHICC) in the United States District Court for the Northern District of California. The lawsuit alleges infringement on its DRAM (dynamic random access memory) patents and intellectual property rights. The lawsuit states that two former employees of Micron Technology shared the company’s DRAM technology with Taiwan-based UMC, which planned to partner with JHICC in technical cooperation.
In the previous part of this series, we saw that Micron Technology (MU) focused on developing value-added memory solutions like SSD (solid-state drives) and graphics memory in fiscal 2017. The advent of smart cities, smart homes, smart cars, and smart factories would require higher DRAM (dynamic random access memory) content to process large quantities of data at the edge. Apart from product technology, Micron is also developing manufacturing process technology.
For the past year, one of my favorite companies to discuss was Micron Technology, Inc. (NASDAQ:MU). For a strong, dominant organization, a correction is a relatively brief blip before its stock surges to its next price target. Ordinarily, I would say the same thing about Micron stock.
Micron has been in rally-mode for the last five months. Now, it's showing investors the exact same pattern that triggered its last 61% rally.
Micron Technology (MU) enjoyed the best growth among all US-based semiconductor companies in 2017. For fiscal 2Q18, Micron expects its revenues to increase 3.0% sequentially and 51.0% YoY (year-over-year) to $7.0 billion at the midpoint. Fiscal 2Q is a seasonally low quarter for Micron as holiday season sales end.