Micron shares closed down 10% on Monday and are now down 30% since Micron's earnings report on March 18; Sandisk fell 7% and Western Digital dropped 9%
Micron shares plummeted 10% on Monday, continuing the memory maker's significant post-earnings sell-off.
US memory chip stocks lost ~$100B in market value this week, led by Micron's 15% drop, after Google Research detailed its TurboQuant compression algorithm
www.ft.com/content/e4e1... …
Micron reports Q2 revenue up 196% YoY to $23.9B, above $19.7B est., expects 2026 capex to exceed $25B, above $22.4B est., and forecasts Q3 revenue above est.
Micron Technology Inc. warned that it will need to spend heavily on production to meet burgeoning demand, overshadowing …
Micron reports Q2 revenue up 196% YoY to $23.9B, vs. $19.7B est., expects 2026 capex to exceed $25B, vs. $22.4B est., and forecasts Q3 revenue above estimates
Micron Technology Inc. warned that it will need to spend heavily on production to meet burgeoning demand, overshadowing …
Micron plans to invest $24B over the next decade to build a 700,000-square-foot memory chip facility in Singapore, with wafer output set to start in H2 2028
US company says new wafer fabrication facility to meet growing demand — U.S. memory chipmaker Micron Technology announced on Tuesday …
Micron breaks ground in New York for its memory manufacturing complex, announced in 2022, that it says will be the largest semiconductor facility in the US
a $100B investment, the largest private investment in the state's history. This historic project will create 50,000 jobs and strengthen America's semiconductor manufacturing capacity—producing [video]...
Micron projects FY Q2 sales to grow over 2x YoY to $18.7B and adjusted operating income to rise over 5x to $11.3B, signaling higher memory chip prices in 2026
Sources: Micron plans to invest $9.6B in Japan to build a production facility for next-gen HBM memory chips beginning in 2026, with shipments expected in 2028
TOKYO — U.S. semiconductor manufacturer Micron Technology will invest 1.5 trillion yen ($9.6 billion) to build a production facility …
Micron reports Q4 revenue up 46% YoY to $11.32B, vs. $11.22B est., net income up 261% to $3.2B, data center revenue down 22%, and Q1 revenue forecast above est.
Kif Leswing / CNBC :
Japan says it will provide $3.63B to Micron for R&D and capital spending at its Hiroshima fab to mass produce advanced DRAM, aiming for shipments by August 2028
TOKYO — Japan said Friday it will provide 536 billion yen ($3.63 billion) to U.S. chipmaker Micron Technology for research …