Shares of semiconductor stocks, including Micron Technology, Inc. (NASDAQ:MU), are trading higher in sympathy with QUALCOMM, Inc. (NASDAQ:QCOM), which reported better-than-expected second-quarter EPS and sales results.
Qualcomm reported fiscal second-quarter revenue of $11.16 billion, which beat the $10.6 billion estimate. The company reported quarterly adjusted earnings of $3.21 per share, which beat the estimate of $2.91 per share…Read More
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Micron's DRAM and NAND products are tailored to PCs, data centers, smartphones, game consoles, automotives and other computing devices.
According to data from Benzinga Pro, Micron is trading higher by 3.29% at $68.66. Micron has a 52-week high of $98.45 and a 52-week low of $65.67.
