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Micron faces major risks like increased customer concentration, persistent capital expenditure, and rising memory market ...
This legal development underscores ongoing concerns and volatility in the AI chip sector, particularly for semiconductor manufacturers. Micron Technology last closed at $99.52 up 4%.
Micron's DRAM revenues are expected to hit $7B in Q3, up 49.2% year over year on AI-driven demand. MU benefits from strong ties with NVIDIA, AMD and Marvell in the booming AI infrastructure market.
What Happened: BHATIA's recent move involves selling 80,000 shares of Micron Technology. This information is documented in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday ...
Revealing a significant insider sell on July 1, Sumit Sadana, EVP and Chief Business Officer at Micron Technology MU -1.67% Get Free Report , as per the latest SEC filing.
Micron said revenue in the current period, its fiscal fourth quarter, will be about $10.7 billion, up 38% from $7.75 billion a year earlier and ahead of the $9.9 billion average analyst estimate ...
At the earnings call, Micron CEO Sanjay Mehrotra said that despite the lackluster demand for consumer electronics, the global PC market is gradually recovering, with modest unit volume growth ...
Analyst Tristan Gerra of Robert W. Baird maintained a Buy rating on Micron (MU – Research Report), reducing the price target to $130.00. Discover top-rated stocks from highly ranked analysts ...
This legal development underscores ongoing concerns and volatility in the AI chip sector, particularly for semiconductor manufacturers. Micron Technology last closed at $99.52 up 4%. In other trading, ...
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Will Micron's AI-Fueled DRAM Surge Offset NAND Challenges in Q3?Micron’s DRAM segment is expected to be the star of its third-quarter report. The Zacks Consensus Estimate for DRAM revenues stands at $7 billion, marking stellar 49.2% year-over-year growth.
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