Category: Micron
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AMD and Micron Are Top Analyst Picks for AI and Next-Gen Tech Growth
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AMD and Micron are analysts’ top picks for artificial intelligence and next-generation technology growth Rosenblatt The company polled its analysts, including Steve Frankel, and compiled their top picks for the first half of 2025. The stocks reflect key themes across its research universe, including the age of artificial intelligence and…
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Micron stock plummets as weak outlook overshadows AI opportunity
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Micron (MU) stock fell more than 17% early Thursday with weaker-than-expected guidance for the current quarter despite growing demand for AI chips. The memory chip maker, which counts Nvidia (NVDA) as a major customer, said Wednesday that it expects revenue between $7.7 billion and $8.1 billion for the quarter. Wall…
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Micron Technology sees largest gain in nearly 13 years
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Micron Technology, the largest U.S. maker of computer memory chips, posted its biggest gain in nearly 13 years after delivering a surprisingly strong forecast for sales and profits, boosted by demand for artificial intelligence equipment. The company said in a statement on Wednesday that fiscal first-quarter revenues will amount to…
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Intel, SMCI hit by downgrades; Micron still top semis pick By Investing.com
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Investing.com – Here are analysts’ biggest moves in artificial intelligence (AI) this week. InvestingPro subscribers always get priority access to market-moving AI analyst commentary. Upgrade today! New Street upgrades Nvidia to buy, says recent pullback presents opportunity to add more exposure New Street Research raised Nvidia Corp. (NASDAQ: ) to…
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Intel, SMCI hit by downgrades; Micron still top semis pick By Investing.com
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Investing.com – Here are analysts’ biggest moves in artificial intelligence (AI) this week. InvestingPro subscribers always get priority access to market-moving AI analyst commentary. Upgrade today! New Street upgrades Nvidia to buy, says recent pullback presents opportunity to add more exposure New Street Research raised Nvidia Corp. (NASDAQ: ) to…
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Citi maintains buy on Micron stock, eyes Samsung move By Investing.com
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On Monday, Citi reiterated its buy rating on Micron Technology (NASDAQ:) with a $175.00 price target. The firm expressed concerns that the stock could face short-term pressure. The focal point of these concerns is the expectation that Samsung (KS:) will qualify for its high rating. Bandwidth (NASDAQ:) Memory (HBM) with…
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Taiwan president thanks Micron CEO for his trust in Taiwan By Reuters
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(Change company identifiers in the first two paragraphs) TAIPEI (Reuters) – Taiwan President Lai Ching-te thanked Micron’s chief executive Sanjay Mehrotra on Friday for his trust and continued investment in the island, in a rare public meeting with a top foreign technology executive. It is highly unusual for Taiwan’s president…
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Palantir downgraded, Micron PT hiked ahead of earnings By Investing.com
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Investing.com – Here are the biggest artificial intelligence (AI) analyst moves this week. InvestingPro subscribers always get the first feedback from market-moving AI analysts. Upgrade today! Truist says Microsoft is “the best way to power AI in our coverage.” Microsoft (NASDAQ:) remains “the best way to operationalize AI in our…
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Micron downgrade, upgrade for Kroger By Investing.com
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Investing.com – Here’s a professional summary of the most important pieces of information Wall Street analysts said over the past week. InvestingPro subscribers always get the first guess on rating changes that move the market. Ollies deal executor What happened? On Monday, JPMorgan upgraded shares of Ollie’s Bargain Outlet Holdings,…
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Nvidia, Micron rise; Lennar, Tesla fall By Investing.com
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(Updated – June 18, 2024 at 11:31 AM EST) Investing.com – U.S. stock futures were mixed on Tuesday after May retail sales data was weaker than economists expected, as investors continued to balance the weaker economic data with the possibility of a Federal Reserve interest rate cut later this year.…
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Upgrades for Micron, Magnite and GoodRx Holdings By Investing.com
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Investing.com – Here’s a professional summary of Wall Street analysts’ biggest takeaways over the past week: Micron, Magnite, GoodRx Holdings upgrades; Reduced his health. InvestingPro subscribers always get the first guess on rating changes that move the market. Micron What happened? On Monday, Morgan Stanley upgraded Micron (NASDAQ:) to Equal…
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Upgrades for Micron, Magnite and GoodRx Holdings By Investing.com
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Investing.com – Here’s a professional summary of Wall Street analysts’ biggest takeaways over the past week: Micron, Magnite, GoodRx Holdings upgrades; Reduced his health. InvestingPro subscribers always get the first guess on rating changes that move the market. Micron What happened? On Monday, Morgan Stanley upgraded Micron (NASDAQ:) to Equal…
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Netlist wins $445M jury verdict against Micron over patent (OTCQB:NLST)
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Editorial vzphotos/iStock via Getty Images Netlist (OTCQB:NLST) has been awarded a $445 million verdict by a jury in an ongoing patent dispute with Micron (Nasdaq: Mo). A jury in an Eastern District Court in Texas returned a $445 million verdict on Thursday, according to a court filing. The ruling was…
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Micron increases capex forecast for 2024 amid AI spending boom: report
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JHVEphoto micron technology (Nasdaq: Mo) raised its forecast for capital spending for this year on Tuesday amid increased spending related to artificial intelligence. Involved decreased 1.3% Late morning trading. Micron now expects to spend about $8 billion this year, up from a previous forecast of $8 billion. About $7.5 billion,…
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Micron upgraded amid ‘unprecedented outlook for memory’ By Investing.com
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Investing.com – Here are the biggest artificial intelligence (AI) analyst moves this week. InvestingPro subscribers always get the first feedback from market-moving AI analysts. Upgrade today! Apple’s focus on AI is ‘clearly visible’ – BofA During the week, analysts at Bank of America Securities reiterated a buy rating and price…