Avg Daily Volume: 25,678,870 Market Cap: 37.62B Sector: Technology Short Interest: 3.37 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .83/share REV: 4,770/M
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LAST QTR: EPS: 1.67/share ACTUAL: 1.71/share (BEAT)
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NEXT QTR: EPS: .78/share REV: 4,900/M
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FULL YR: EPS: 6.35/share REV: 23,150/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS HISTORY: 57% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 10.16, -8.32, -4.9
POTENTIAL JUMP MOVE: 10%
Links To Latest News and Headlines
Intel’s negative earnings surprise caught a few of the newfound bulls to the story by surprise.
The $6.1 billion in grants to Micron (MU) is likely to facilitate the construction of cutting-edge memory fabs in Idaho and New York, paving the way for a resurgence of semiconductor production on American soil.
Despite nearly $28 billion in subsidies flowing to chip companies, AI remains the industry’s kingmaker.
(Bloomberg) — The US plans to award Micron Technology Inc. $6.1 billion in grants and as much as $7.5 billion in loans to help the memory-chip maker build new American factories, rounding out a slew of major federal awards for advanced semiconductor manufacturing. Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesThe Long, Slow De
The chipmaker will get a huge influx of cash from the CHIPS Act.
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