Date | Price Target | Rating | Analyst |
---|---|---|---|
6/27/2024 | $120.00 → $150.00 | Buy | Needham |
6/27/2024 | $150.00 → $160.00 | Buy | TD Cowen |
6/18/2024 | $140.00 → $165.00 | Buy | Stifel |
6/18/2024 | $130.00 → $170.00 | Outperform | Wedbush |
5/20/2024 | $98.00 → $130.00 | Underweight → Equal-Weight | Morgan Stanley |
5/6/2024 | $115.00 → $150.00 | Neutral → Outperform | Robert W. Baird |
4/8/2024 | $135.00 → $150.00 | Overweight | KeyBanc Capital Markets |
3/21/2024 | Equal Weight → Overweight | Fox Advisors |
BOISE, Idaho, June 27, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), a global leader in innovative memory and storage solutions, today announced the release of its 2024 sustainability report. This report details Micron's sustainability advancements, highlighting its award-winning efforts and reinforcing its commitment to sustainability and cutting-edge technology. "Micron is helping drive technological advances that will create significant new opportunities in the years ahead," said Micron President and CEO Sanjay Mehrotra. "Our 2024 sustainability report reflects our current commitments and future ambitions to employ technology to benefit our communities and the planet.
BOISE, Idaho, June 26, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced results for its third quarter of fiscal 2024, which ended May 30, 2024. Fiscal Q3 2024 highlights Revenue of $6.81 billion versus $5.82 billion for the prior quarter and $3.75 billion for the same period last year GAAP net income of $332 million, or $0.30 per diluted shareNon-GAAP net income of $702 million, or $0.62 per diluted shareOperating cash flow of $2.48 billion versus $1.22 billion for the prior quarter and $24 million for the same period last year "Robust AI demand and strong execution enabled Micron to drive 17% sequential revenue growth, exceeding our guidance range in fiscal
SANTA CLARA, Calif., June 20, 2024 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (NASDAQ:SVCO, "Silvaco" or the "Company"))), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced its first quarter 2024 results. "Having successfully completed our IPO on May 13th, we are excited to embark on our journey as a public company," said Babak Taheri, Silvaco's Chief Executive Officer. Dr. Taheri continued, "I am pleased with our first quarter results which were driven by strong demand for our TCAD and EDA products across various sectors. With our proven software platform, we continue to capi
TAIPEI, Taiwan, June 04, 2024 (GLOBE NEWSWIRE) -- Computex -- Micron Technology, Inc. (NASDAQ:MU), today announced the sampling of its next-generation GDDR7 graphics memory with the industry's highest bit density.1 Leveraging Micron's 1β (1-beta) DRAM technology and innovative architecture, Micron GDDR7 delivers 32 Gb/s high-performance memory in a power-optimized design. With over 1.5 TB/s of system bandwidth,2 which is up to 60% higher bandwidth than GDDR6,3 and four independent channels to optimize workloads, Micron GDDR7 memory enables faster response times, smoother gameplay and reduced processing times. GDDR7 also provides a greater than 50% power-efficiency improvement compared to G
10-Q - MICRON TECHNOLOGY INC (0000723125) (Filer)
8-K - MICRON TECHNOLOGY INC (0000723125) (Filer)
SD - MICRON TECHNOLOGY INC (0000723125) (Filer)
8-K - MICRON TECHNOLOGY INC (0000723125) (Filer)
Needham reiterated coverage of Micron with a rating of Buy and set a new price target of $150.00 from $120.00 previously
TD Cowen reiterated coverage of Micron with a rating of Buy and set a new price target of $160.00 from $150.00 previously
Stifel reiterated coverage of Micron with a rating of Buy and set a new price target of $165.00 from $140.00 previously
Wedbush reiterated coverage of Micron with a rating of Outperform and set a new price target of $170.00 from $130.00 previously
SC 13G/A - MICRON TECHNOLOGY INC (0000723125) (Subject)
SC 13G - MICRON TECHNOLOGY INC (0000723125) (Subject)
SC 13G/A - MICRON TECHNOLOGY INC (0000723125) (Subject)
SC 13G/A - MICRON TECHNOLOGY INC (0000723125) (Subject)
4 - MICRON TECHNOLOGY INC (0000723125) (Issuer)
4 - MICRON TECHNOLOGY INC (0000723125) (Issuer)
4 - MICRON TECHNOLOGY INC (0000723125) (Issuer)
4 - MICRON TECHNOLOGY INC (0000723125) (Issuer)
BOISE, Idaho, June 26, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced results for its third quarter of fiscal 2024, which ended May 30, 2024. Fiscal Q3 2024 highlights Revenue of $6.81 billion versus $5.82 billion for the prior quarter and $3.75 billion for the same period last year GAAP net income of $332 million, or $0.30 per diluted shareNon-GAAP net income of $702 million, or $0.62 per diluted shareOperating cash flow of $2.48 billion versus $1.22 billion for the prior quarter and $24 million for the same period last year "Robust AI demand and strong execution enabled Micron to drive 17% sequential revenue growth, exceeding our guidance range in fiscal
BOISE, Idaho, May 28, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), announced today that it will hold its fiscal third quarter earnings conference call on Wednesday, June 26, 2024, at 2:30 p.m. Mountain time. The call will be webcast live at http://investors.micron.com/. Webcast replays of presentations can be accessed from Micron's Investor Relations website for approximately one year after the call. About Micron Technology, Inc. We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellen
BOISE, Idaho, March 20, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced results for its second quarter of fiscal 2024, which ended February 29, 2024. Fiscal Q2 2024 highlights Revenue of $5.82 billion versus $4.73 billion for the prior quarter and $3.69 billion for the same period last year GAAP net income of $793 million, or $0.71 per diluted shareNon-GAAP net income of $476 million, or $0.42 per diluted shareOperating cash flow of $1.22 billion versus $1.40 billion for the prior quarter and $343 million for the same period last year "Micron delivered fiscal Q2 results with revenue, gross margin and EPS well above the high-end of our guidance range — a tes
BOISE, Idaho, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), announced today that it will hold its fiscal second quarter earnings conference call on Wednesday, March 20, 2024, at 2:30 p.m. Mountain time. The call will be webcast live at http://investors.micron.com/. Webcast replays of presentations can be accessed from Micron's Investor Relations website for approximately one year after the call. About Micron Technology, Inc.We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excelle
In the fiercely competitive semiconductor industry, Nvidia Corp often captures the spotlight with its groundbreaking AI advancements. However, the industry’s next major winners might not be the usual suspects. Enter JPMorgan analyst Harlan Sur, who's set to shine a spotlight on five semiconductor titans poised for explosive growth in the second half of 2024. Analyst Sees 30-40% EPS Upwards Revisions Over Quarters Ahead JPMorgan’s top semiconductor picks, according to Sur, include Broadcom Inc (NASDAQ:AVGO), Marvell Technology Inc (NASDAQ:MRVL), Micron Technology Inc (NASDAQ:MU), Analog Devices Inc (NASDAQ:ADI), and Microchip Technology Inc (NASDAQ:MCHP). These companies are riding t
Micron Technology Inc (NASDAQ:MU) shares were climbing in early trading on Friday and are up more than 60% year to date on an AI rally. Management meetings with analysts were held in Boston and New York. Here are some takeaways. BofA Securities On Micron Technology Analyst Vivek Arya maintained a Buy rating and price target of $170. Micron Technology's key message was "very bullish" regarding pricing and mix shift towards "differentiated AI computing and enterprise storage products," Arya said in a note. Management reiterated their goal of expanding their share of high bandwidth memory (HBM) towards 20%-25% in 2025, in a target addressable market (TAM) that could exceed $20 billi
In an unusual public acknowledgment, Taiwan’s President, Lai Ching-te, has expressed his appreciation to Micron’s CEO, Sanjay Mehrotra, for his sustained investment and trust in Taiwan. What Happened: This public recognition is a rare event, considering Taiwan is home to the world’s largest contract chipmaker, TSMC, as reported by Reuters on Monday. Lai commended Mehrotra for his support and trust in Taiwan, as per a video released by the president’s office. He also expressed his gratitude to Micron for its long-term investment in Taiwan and its efforts to enhance the DRAM process technology in the country. Micron, one of the few providers of high-bandwidth memory (HBM) chips essent
USA News Group CommentaryIssued on behalf of Avant Technologies Inc. VANCOUVER, BC, May 2, 2024 /PRNewswire/ -- With integration of AI-powered computing steadily on the rise, analysts at Goldman Sachs Research are projecting that the global data center power behind this tech boom is poised to more than double by 2030. However, the catch is that Goldman's teach believes that the supporting data center load growth will require at least $50 billion in new power generation capacity investment to achieve this. Experts are now declaring that 'futuristic AI needs futuristic data centers' in order to achieve the dreams of developers and end-users. According to WhaTech, the growth for data centers ma
Seasoned financial leader brings deep experience delivering operational efficiency and profitable growth Bloom Energy Inc. (NYSE:BE), a leading provider of clean energy solutions, announced today the appointment of Daniel Berenbaum as Chief Financial Officer, effective April 29, 2024. Berenbaum will succeed Greg Cameron, who will remain with the company until mid-May 2024 to ensure a smooth transition. "We're thrilled to have Dan join our leadership team," said KR Sridhar, Founder, Chairman and Chief Executive Officer. "He stood out among an exceptional group of finalists by showing a strong record of success across the board – on scaling and strategy; on financial discipline and cost r
BOISE, Idaho, March 11, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), an industry leader in innovative memory and storage solutions, today announced the appointment of Robert (Bob) Swan to its board of directors. A recognized leader with a distinguished career in the semiconductor, technology and industrial sectors, Swan currently serves as an operating partner at Andreessen Horowitz, where he advises growth-stage portfolio companies. Swan's extensive background includes his tenure as CFO and later CEO of Intel Corporation, where he oversaw 110,000 employees and $78B in annual sales. Prior to joining Intel, as CFO of eBay, Swan played a significant role in driving the co
BOISE, Idaho, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), an industry leader in innovative memory and storage solutions, today announced it is appointing Michael Ray as the company's senior vice president, chief legal officer and corporate secretary effective immediately. In this role, Ray will report directly to Sanjay Mehrotra, President and CEO of Micron. He will be responsible for Micron's global legal, compliance and intellectual property functions, comprising a team of lawyers, paralegals and other professionals. Ray brings nearly 30 years of legal experience to Micron, including a significant tenure at Western Digital, where he led the legal department