Micron Technology

2024.12.23

20:17

Meta, AMD and Micron Technology were selected by Rosenblatt as hot stocks for the first half of 2025

Meta, AMD and Micron Technology were selected by investment bank Rosenblatt as hot stocks for the first half of 2025.

20:11

Meta, AMD and Micron Technology were selected by investment bank Rosenblatt as hot stocks for the first half of 2025.

2024.12.20

01:31

JPMorgan Chase: Lowered Micron Technology (MU.O) price target from $180.00 to $145.00.

2024.12.19

22:31

U.S. stocks open: three major indexes rise collectively

At the opening of the U.S. stock market, the Dow Jones Industrial Average rose 0.32%, the S&P 500 rose 0.77%, and the Nasdaq rose 0.93%. Nvidia's holding concept stock Sound Hound AI rose more than 7%, and the stock has soared more than 883% this year; Micron Technology fell more than 12%, with first-quarter revenue in line with expectations, and the outlook for the next quarter was obviously not good; Accenture rose more than 5%, and its Q1 revenue in fiscal year 2025 increased by 9% year-on-year. Nukkleus rose again by 38%, closing up more than 320% yesterday, and the cumulative increase in the first two trading days was more than 35 times.

19:09

Bank of America Merrill Lynch downgrades Micron Technology to neutral

Bank of America Merrill Lynch downgraded Micron Technology to neutral from its previous rating of buy.

06:49

Micron Technology (MU.O) fell more than 13% after the market closed.

05:09

Micron Technology (MU.O) expects adjusted revenue of $7.7 billion to $8.1 billion in the second quarter of fiscal 2025.

05:07

Micron Technology (MU.O) had revenue of US$8.71 billion in the first quarter of fiscal year 2025, compared with US$4.726 billion in the same period last year.

05:05

Micron Technology expects second-quarter adjusted revenue of $7.7 billion to $8.1 billion

Micron Technology expects adjusted revenue of $7.7 billion to $8.1 billion in the second quarter.

2024.12.16

22:31

At the opening of the US stock market, the Dow Jones Industrial Average rose 56 points, the S&P 500 rose 0.23%, and the Nasdaq rose 0.47%. Micron Technology (MU.O) rose 2.4%, and Wall Street expects the company's Q1 revenue in fiscal year 25 to increase significantly year-on-year; MicroStrategy (MSTR.O) rose 3.8%, and the company entered the Nasdaq 100 Index. The Nasdaq China Golden Dragon Index fell 1.7%.

08:01

Important events and data forecast this week: US, Japanese and British central banks take turns to appear, China's November economic data

1. Monday: ① Data: China's total electricity consumption in November, MLF winning rate, total retail sales of consumer goods in November, and industrial added value above designated size in November; preliminary manufacturing PMI in France, Germany, the UK, and the Eurozone in December; US New York Fed manufacturing index in December, S&P global manufacturing and service PMI preliminary values. ② Events: German Chancellor Scholz initiated a vote of confidence in the government in the Bundestag; the National Bureau of Statistics released a monthly report on residential sales prices in 70 large and medium-sized cities; the State Council Information Office held a press conference on the operation of the national economy; European Central Bank President Lagarde delivered a speech. 2. Tuesday: ① Data: UK October three-month ILO unemployment rate, November unemployment rate, November unemployment benefit applicants; Germany December IFO business climate index, December ZEW economic sentiment index; Eurozone December ZEW economic sentiment index, October seasonally adjusted trade account; Canada November CPI monthly rate; US November retail sales monthly rate, November industrial output monthly rate, December NAHB housing market index, October business inventory monthly rate. ② Event: Canadian Bank of Canada Governor Macklem delivered a speech. 3. Wednesday: ① Data: US API crude oil inventory and EIA crude oil inventory for the week ending December 13; UK November CPI monthly rate, November retail price index monthly rate; Eurozone November CPI annual rate final value, Eurozone November CPI monthly rate final value; UK December CBI industrial order difference; US November total housing starts annualized, third quarter current account, November total building permits. ② Event: A new round of price adjustment window will be opened for domestic refined oil. ③ Financial report: Micron Technology (MU.O). 4. Thursday: ① Data: US Federal Reserve interest rate decision to December 18; China's November Swift RMB share in global payments; Japan's central bank target interest rate to December 19; Germany's January Gfk consumer confidence index; Switzerland's November trade account; Eurozone's October seasonally adjusted current account; UK central bank interest rate decision to December 19; US initial jobless claims for the week ending December 14, final value of real GDP annualized quarterly rate in the third quarter, final value of real personal consumption expenditure quarterly rate in the third quarter, final value of core PCE price index annualized quarterly rate in the third quarter, December Philadelphia Fed manufacturing index, US November existing home sales annualized, November Conference Board leading indicator monthly rate, US EIA natural gas inventory for the week ending December 13. ② Events: The Federal Reserve announced its interest rate decision and a summary of economic expectations, and Chairman Powell held a monetary policy press conference [simultaneous interpretation]; the Bank of Japan announced its interest rate decision, and Governor Kazuo Ueda held a monetary policy press conference; the Bank of England announced its interest rate decision and meeting minutes. ③ Financial report: FedEx (FDX.N). 5. Friday: ① Data: Japan's November core CPI annual rate; China's one-year loan market benchmark rate to December 20; Germany's November PPI monthly rate; UK's November seasonally adjusted retail sales monthly rate; UK's December CBI retail sales difference; Canada's October retail sales monthly rate; Eurozone December consumer confidence index preliminary value; US November core PCE price index annual rate, November personal expenditure monthly rate, November core PCE price index monthly rate, December University of Michigan consumer confidence index final value, December one-year inflation rate final value. ② Event: Due to the impact of the month-end shift, the last on-site transaction of NYMEX crude oil futures was completed at 3:30 on December 20, and the last electronic transaction was completed at 6:00 in the morning. 6. Saturday: ① Event: CFTC released the weekly position report.

2024.12.13

01:37

Western Digital's share price fell rapidly to 4%

Western Digital's share price fell rapidly to 4%. Seagate Technology turned to decline. Micron Technology's decline widened to 3.6%.

2024.12.11

06:42

U.S. Commerce Department announces $6.1 billion in funding for chip company Micron Technology

On December 10, local time, a statement released by the White House showed that the U.S. Department of Commerce signed a contract with Micron Technology, the largest computer memory chip manufacturer in the United States, to provide Micron Technology with $6.1 billion in funding. In addition, the U.S. Department of Commerce also announced that it had reached a preliminary agreement with Micron Technology to provide an additional $275 million in funding to expand Micron Technology's factory in Manassas, Virginia.

05:03

The three major U.S. stock indexes closed lower, with the Dow Jones Industrial Average down 0.35%

The three major U.S. stock indexes closed down collectively, with the Dow Jones Industrial Average down 0.35%, the Nasdaq down 0.25%, and the S&P 500 down 0.30%. Chip stocks fell across the board, with Micron Technology down nearly 5%, TSMC down nearly 4%, and Nvidia and Qualcomm down nearly 3%. Oracle fell nearly 7%, with second-quarter revenue and this quarter's performance guidance falling short of expectations. Google rose nearly 6%, as the company launched its latest quantum chip "Willow", achieving a major technological breakthrough.

2024.12.10

22:31

U.S. stocks open: three major indexes rise and fall

The three major U.S. stock indexes rose and fell, with the Dow Jones Industrial Average down 0.25%, the Nasdaq up 0.3%, and the S&P 500 up 0.12%. Google rose more than 4% and launched its latest quantum chip Willow. Micron Technology rose more than 2% as the U.S. Department of Commerce finalized a chip subsidy of more than $6.1 billion. Oracle fell more than 7% and expected revenue in the current quarter to grow 7% to 9% year-on-year, which was lower than expected.

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