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The Latest Breaking News from Micron

Dow Jones Futures Rise: Micron Comments Lift Chips; LULU Stock Jumps On Earnings

Futures: Micron's bullish comments lifted chip stocks, while Lululemon soared on earnings and guidance.

Investors Business Daily

Why Micron Stock Is Rising Despite Chipmaker's Terrible Results And Guidance

Memory-chip maker Micron missed Wall Street's low expectations for its fiscal second quarter as it struggles through an industry downturn.

Investors Business Daily

Dow Jones Dips As Alibaba Flies; 3 New Cathie Wood Buys Trade Mixed; Micron Earnings Miss

The Dow Jones fell as Alibaba soared. Three stocks, including Coinbase, struggled despite Cathie Wood buying shares. Micron earnings missed.

Investors Business Daily

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This Is The Perfect Option Trade For Micron Technology Earnings

This earnings iron condor trade on Micron Technology has the potential to return 25% if the stock stays within the expected range.

Investors Business Daily

Hard disk drives could finally be out by Christmas if this trend continues

The average price of SSD building blocks is falling down and it’s good news

TechRadar

Cadence Delivers Technical Details on GDDR7: 36 Gbps with PAM3 Encoding

When Samsung teased the ongoing development of GDDR7 memory last October, the company did not disclose any other technical details of the incoming specification. But Cadence recently introduced the industry's first verification solution for GDDR7 memory, and in the process has revealed a fair bit of additional details about the…

AnandTech

First PCIe Gen5 SSDs Finally Hit Shelves - But The Best Is Yet To Come

This week, consumer-grade PCIe 5.0 M.2 drives have finally hit the U.S. market, well over a year since the first client PC platforms supporting PCIe Gen5 became available. The new drives offer higher performance than the flagship PCIe 4 drives they supplant, albeit with some trade offs such as high…

AnandTech

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Gov. Greg Abbott says Texas will revamp economic development program after property tax incentive expires

Abbott told business leaders in Arlington on Wednesday that Texas is already suffering from the end of the tax-break program, recently losing a “massive” computer chip factory to New York.

The Texas Tribune

The Best Semiconductor Stocks to Buy

When considering the best semiconductor stocks, there's Nvidia and then there's everyone else. Here, we look at the mega-cap chipmaker and a few of its peers.

Kiplinger

Chip Inventories Swell as Consumers Buy Fewer Gadgets

The world is now awash in chips. The oversupply marks a sharp turnaround from a global shortage during two years of supercharged demand. Consumer appetite for electronics has weakened against a backdrop of rising interest rates, a falling stock market and recession fears.

Bangkok Post

Stock Market Struggles As Tesla Dives, Micron Hits Chips; Nike, FedEx Strong: Weekly Review

The stock market was mixed, with Tesla still plunging and Micron results hitting chip names. Nike jumped on earnings.

Investors Business Daily

Stock markets mostly retreat on returning recession worries

London (AFP) - Stock markets mostly fell Friday as fears of a global recession returned owing to expectations of more aggressive US interest-rate hikes to fight sky-high inflation.

AFP

Asian markets track Wall St down as recession worries return

Hong Kong (AFP) - Asian markets fell again Friday after forecast-beating US data fuelled expectations that the Federal Reserve will lift interest rates well into next year.

AFP

Stocks mini rally falters as central bank angst returns

New York (AFP) - A mini stocks rally triggered by positive US economic data faltered on Thursday, while the yen held onto gains against the dollar after surging earlier in the week.

AFP

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The Independent UK

Micron announces layoffs, cost cutting as chip demand drops

Micron will reduce its workforce by 10% next year and take other cost-cutting measures as the computer memory chip maker struggles to deal with too much supply amid a drop in demand

The Street

Micron Earnings Dip: Key Support in Play for Bulls and Bears

Micron stock is trading into a key support level that both the bulls and the bears have an interest in. Here are the levels to know now.

The Street

Stock Market Today: Stocks End Down, Dashing Santa Claus Rally Hopes

Hopes for a late-in-the-year relief rally extension slip as chip maker Micron Technology warns of forthcoming losses and announces staff cuts.

The Street

Stocks Muted, Bankman-Fried Allies Plead Guilty, Under Armour and Micron - Five Things To Know

Stock futures muted as investors aim for Santa Claus rally; Bankman-Fried allies plead guilty to aid Feds; Under Armour taps new CEO; Micron announces layoffs; Zelenskyy to Congress: 'Your money is not charity: It's an investment.'

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news in one place.

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Investors Business Daily

Dow Jones Futures: S&P 500 Regains Key Level, But Stay Cautious; Tesla Doubles U.S. Discount To $7,500

The S&P 500 is above its 50-day, but the market rally is still shaky. Tesla doubled its year-end U.S. discount to $7,500.

Investors Business Daily

Micron Misses Quarterly Targets Amid Memory-Chip Sales Slump

Memory-chip maker Micron Technology missed estimates for its fiscal first quarter and guided lower amid a cyclical downturn.

Investors Business Daily

Strong Earnings Power Stock Market Rally; Micron's Lost Year; Time To Buy Nike?

Micron Technology has lost more than 45% year to date, battered by a steep decline in memory chip prices.

Investors Business Daily

Dow Jones Rises: A Perfect Setup For Santa Claus Rally? Tesla's Musk Restricts Twitter Polling; Micron, FedEx, Nike On Tap

Dow Jones: A Perfect Set Up For Santa Claus Rally? Tesla's Musk Restricts Twitter Polling; Micron, FedEx, Nike On Tap.

Investors Business Daily

Western Digital, Micron, Nvidia Fall On Chip Glut Amid Recession Fears

Shares in flash memory chipmaker Western Digital tumbled on a Goldman Sachs downgrade, also dragging down Micron Technology.

The Street

Stock Market Today: Stocks End Down As Inflation Worries Resurface; JPMorgan CEO Sees Recession

With inflation still sticky, and global headwinds accelerating, JPMorgan CEO Jamie Dimon now sees a greater chance of a U.S. recession.

The Street

TSMC Plans $40 Billion U.S. Investment As President Biden Visits Arizona Chip Factory

TSMC, the world's biggest contract chipmaker, is looking to boost expand its U.S. investment to around $40 billion.

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