Micron Technology

The Biden administration is trying to give the chip industry a boost, not only with grants to factories, but also by turning semiconductor research into an attractive and interesting field for Americans. The law The Chips and Science Act of the 2022 allocates $11 billionto USA maintain its leadership in research and development. The goal is to create new electronic components...
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🚀 Micron Technology grows after beating estimates and achieving windfall profits, thanks to the rise of artificial intelligence! 💡

Memory chip maker, Micron Technology $MU, just stunned Wall Street with its performance in its second fiscal quarter, achieving a surprising profit. It is forecasting even better results for the current period, which is linked to an increase in...
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Growing Demand for Memory Chips: Micron Technology, Inc. (MU) at the Forefront of Innovation

1. Micron Technology, Inc. $MU is taking center stage with innovative moves in memory chips and the prospect of a return to the memory shortage era.

2. Company $MU launched HBM3E memory wafers that promise higher performance combined with lower power consumption, which could meet the...
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🚀 We have a lot of events on the markets this week! 📈

Here's another round-up of what I think will be interesting events for the coming week!

Tuesday:

💻 Nvidia $NVDA GTC2024 (kind of like Apple's Keynote) - At their conference, they'll be showcasing the latest innovations, technologies and lots of exciting news. With the way Nvidia is moving the entire market I recommend...
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🚀 News in the chip world! 🚀

On Monday , theU.S. governmentannounced that it will contribute $1.5 billion to GlobalFoundries $GFS under the Chip Act, boosting domestic manufacturing. Intel $INTC also finds itself in the game with possible subsidies in excess of $10 billion! 💰

Last week, $MU Micron Technology reported results:

Revenue was $4.01 billion, a 40% year-over-year decline from $6.64 billion (Q4 2022). Net loss was $1.43 billion, compared to a profit of $1.49 billion in Q4 2022.

What caught my eye today was the movement of $MU stock up 7.5% and they didn't announce any results. I read that they are planning an investment in India, but I couldn't find anything else anywhere. Does anyone know of any news?

Micron Technology $MU

This company that specializes in chip manufacturing reported its results yesterday.

Revenues : $3.75 billion and $3.69 billion was expected.

Loss per share : $1.43 and $1.57 was expected.

Today I plan to look at the Micron $MU results. I don't own the stock, but I'm interested to see how they end up doing.