Tag: Microns

Micron’s Selloff Shows Risk of Sky-High AI Expectations

(Bloomberg) — Micron Technology Inc.’s post-results selloff sent a fresh reminder to global investors about the risks inherent in bets on artificial intelligence chipmakers. Most Read from Bloomberg Days after leading AI chipmaker Nvidia Corp. slumped by nearly half a trillion dollars, Micron shares fell about 8% in extended trading after the memory maker offered […]

Micron’s 65% Surge Puts Lofty AI Expectations Front And Center

(Bloomberg) — Micron Technology Inc.’s $62 billion artificial intelligence-driven rally is about to face a test of whether it has jumped too far, too fast. Most Read from Bloomberg Shares of the chipmaker are up 65% this year. Much of that advance has come since Micron’s last quarterly report, with the stock hitting a record […]

Micron’s DRAM Supply Temporarily Hit by Taiwan Earthquake, But Long-Term Outlook Remains Strong

Micron’s DRAM Supply Temporarily Hit by Taiwan Earthquake, But Long-Term Outlook Remains Strong Micron Technology Inc (NASDAQ:MU) announced that the April 3 earthquake in Taiwan will likely reduce its dynamic random access memory (DRAM) supply for the calendar quarter by up to a mid-single-digit percentage. With operations in four Taiwanese locations, Micron plays a significant role in the […]

Micron’s Strategic Moves in China, CEO Mehrotra’s Talks and Expansion Plans Amid Shift from US Tech

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 […]