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
In this article, we will be looking at the 20 biggest semiconductor companies in the US. If you want to skip our detailed analysis, you can go directly to the 5 Biggest Semiconductor Companies in the US. Semiconductor Industry in the US Governments around the world have gotten actively involved in the semiconductor industry and […]
(Bloomberg) — They may lack the pure-play allure of Nvidia Corp., but hardware firms that provide the infrastructure for artificial intelligence computing are becoming the next hot trade.Most Read from BloombergBiden Gains Ground Against Trump in Six Key States, Poll ShowsJapan Amps Up Intervention Threat as Yen Hits Lowest Since 1990Trump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleUsing Your Premium Credit Card May Cost More After Visa-Mastercard DealTrump Vows
Micron Technology, Inc (NASDAQ:MU) CEO Sanjay Mehrotra met with China’s Minister of Commerce, Wang Wentao, on March 23 to discuss Micron’s future development within China. During the meeting, Wang Wentao expressed the Chinese government’s support for Micron, encouraging the company to deepen its operations and expedite new investment projects in the country. Mehrotra outlined Micron’s ongoing business endeavors and upcoming investment initiatives in China, committing to comply with Chinese laws
Micron has one memory product that could ride the coattails of Nvidia’s business.
Micron Technology (MU) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
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