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Micron

All articles tagged with #micron

local1 day ago•31 min saved

Clay milestone marks a leap in Central New York's chip ambitions

Micron poured the first concrete at its Town of Clay semiconductor campus, signaling progress on a project that has grown from a $100 billion promise to about a $250 billion investment for four fabs. The site is planned to become the largest U.S. semiconductor facility, with construction shifting toward the second fab in 2028. The initiative is expected to create up to 100,000 jobs nationwide (about 50,000 in New York and 9,000 direct Micron roles), and was celebrated by Gov. Hochul and local officials as a milestone for Central New York.

via WSTM|

#central-new-york #jobs #local

technology1 day ago•28 min saved

Clay chip plant milestone: Micron pours foundation ahead of schedule

Local, state and federal leaders attended the concrete foundation pour for Micron’s first Clay fabrication plant, a milestone the company says arrived sooner than planned. The project is moving ahead of schedule, with construction on the second of four fabs planned for 2028; once complete, the site is expected to be the largest chip plant in the United States, with manufacturing beginning around 2029–2030 and full completion anticipated by the early 2040s.

via WSTM|

#clay #construction #fabrication

technology1 day ago•13 min saved

Micron Rides a Record Quarter, but the Memory Cycle Keeps Investors Cautious

Micron logged a record quarter (revenue $41.46B, adjusted EPS $25.11, gross margin 84.9%) and guided Q4 revenue above estimates, but the stock fell after an initial post-earnings rally as investors worry about memory-cycle dynamics, rising capex from Samsung and SK Hynix, potential shifts in Apple’s sourcing from China, and the risk that peak margins may not persist despite the strong results.

via Trefis|

#earnings #memory #micron

business2 days ago•15 min saved

Chipmakers rebound as AI memory names ride the dip-buying wave

Micron (MU), Sandisk (SNDK), and Western Digital (WDC) trimmed losses and turned green after a dip in AI-memory names, as investors bought the dip amid renewed US–Iran tensions and softer AI-trade momentum following Samsung’s mixed profits. A Reuters report that Chinese startup DeepSeek is developing its own AI chip adds competition concerns. The rally hinges on a persistent high-bandwidth memory shortage that has boosted MU and peers, even as analysts warn hyperscalers could curb AI infrastructure spending through 2027; Fundstrat’s Tom Lee remains bullish on AI exposure. SK Hynix’s planned roughly $28 billion US IPO could test demand for AI stocks, underscoring that AI demand remains a key earnings driver this year despite volatility.

via Yahoo Finance|

#ai #business #memory-chips

business4 days ago•16 min saved

SK Hynix Eyes $29B Nasdaq IPO to Lead AI Memory Boom

SK Hynix is planning a $29 billion Nasdaq IPO, potentially the largest ever by a foreign company in the US, to give investors direct exposure to the AI memory cycle as high-bandwidth memory demand heats up. The move could narrow SK Hynix’s valuation gap with Micron but faces risks from the memory sector’s boom‑and‑bust dynamics, heavy capacity spending, and potential supply glut.

via Yahoo Finance|

#ai-memory #business #ipo

markets4 days ago•16 min saved

Micron Slumps 22% From Post-Earnings Peak as AI Memory Boom Faces a Pause

Micron Technology (MU) has fallen about 22% from its June-quarter highs after its strong earnings report, even dipping below pre-earnings levels. Analysts say the AI data-center memory boom remains a driver for the sector, but momentum in these names looks crowded and recent Meta/Apple headlines have added selling pressure. Citiviews the pullback as a buying opportunity, expecting DRAM memory prices to rise and AI-driven demand to support MU’s upside over the longer term.

via Yahoo Finance|

#earnings #markets #memory

business6 days ago•14 min saved

Analysts See MU Targeted at $2,000 on AI Memory Boom

Analysts argue Micron could surge toward a $2,000 price as AI-driven memory demand tightens supply, long-term customer contracts through 2030 totaling about $100 billion improve visibility and pricing, and MU's record DRAM/NAND revenue supports a valuation some on Wall Street still find attractive. The stock carries a Strong Buy consensus with a high price target, reflecting optimism about sustained AI investment and disciplined memory supply through 2027.

via Yahoo Finance|

#ai #analysts #business

business6 days ago•19 min saved

Trump’s Micron shout-out stokes MU rally, prompting market fairness concerns

President Trump praised Micron (MU) in multiple posts, and the stock has surged this year (about 209% YTD). Experts say endorsements by high‑profile figures can move markets, create front‑running/pump‑and‑dump risks, and undermine investor confidence, underscoring calls for clearer ethical guidelines around political mentions of specific stocks.

via Yahoo Finance|

#business #ethicsregulation #market-efficiency

business7 days ago•16 min saved

Cramer Bets on Micron’s AI-Driven Memory Boom

Jim Cramer highlighted Micron’s blowout quarter—$41.5 billion in revenue, $25.11 per share, and an 85% gross margin—arguing that a persistent memory shortage and surging data-center demand are propelling MU’s AI-era growth. He notes MU’s aggressive U.S. investment plan of about $200 billion creating 90,000 jobs, and that the stock remains attractive at under 8x earnings, though he cautions some AI stocks could offer greater upside.

via Yahoo Finance|

#ai #business #memory

technology9 days ago•15 min saved

Meta's AI Cloud Push Triggers Broad Selloff in AI Stocks

Meta Platforms reportedly is exploring an external AI cloud infrastructure business to provide computing power and models to external customers, a move that triggered a broad selloff in AI stocks. Major chip names like NVIDIA (-2%), AMD (-3%), and Intel (-4%) fell, while AI‑infrastructure players Nebius NBIS and CoreWeave CRWV slumped around 12% and 10%. Storage and memory names such as Micron MU (-~7%), SanDisk, Seagate and Western Digital also declined, with chip‑equipment makers like KLAC, LRCX, AMAT and ASML posting losses as investors weighed Meta's cloud ambitions against the AI hardware rally.

via Yahoo Finance|

#ai-cloud #amd #meta-platforms

business9 days ago•7 min saved

Sandisk Poised to Ride AI Memory Boom After Micron’s Earnings

After Micron’s blowout earnings, Sandisk is seen as a major winner as AI infrastructure spurs demand for NAND flash memory. Sandisk reported higher year‑over‑year and sequential growth than Micron in its latest quarter, and although its stock has a richer valuation, its fundamentals support potential continued momentum into August with the possibility of multi‑year contracts similar to Micron’s.

via The Motley Fool|

#ai #business #memory

business10 days ago•3 min saved

Pricing wars left memory industry underinvested, fueling AI demand crunch, Micron CEO says

Micron CEO Sanjay Mehrotra argues that aggressive pricing by customers in recent years pushed memory makers into negative margins and underinvestment just as AI-driven demand surged, helping create today’s shortages. Micron maintained investment through the downturn and plans about $200 billion in manufacturing and R&D to expand memory fabs in Boise and Syracuse, with supply tightness expected to persist beyond 2027. The AI memory squeeze has even contributed to higher component costs for consumer electronics, visible in Apple’s price increases.

via CNBC|

#ai #business #memory

business11 days ago•10 min saved

AI memory squeeze pushes Apple prices up to $300

Apple raised prices on MacBook, iPad and other devices by up to $300, citing a memory-chip shortage and higher costs; Micron countered that aggressive buyers during the downturn helped create the shortage, while AI demand is driving memory prices higher. With new capacity years away, relief for consumers isn’t expected before the next upgrade cycle as Apple’s leadership transition looms.

via moneywise.com|

#ai #apple #business

technology11 days ago•21 min saved

Memory Power Shift: Micron’s Contracts Give AI-Era Pricing Edge Over Apple

Micron posted a record quarter with an 84.9% gross margin and disclosed 16 strategic customer agreements covering roughly $100 billion of DRAM/NAND volume, with floor margins well above prior peaks. This signals AI-era pricing power in memory that could pressure Apple’s hardware margins as the iPhone 17/18 cycle hits a tight memory market, while Apple’s Services and large buyback cushion mitigate some risk.

via 24/7 Wall St.|

#apple #drams #memory

business11 days ago•17 min saved

Mizuho bets on two memory catalysts in H2, urges ignoring Apple chatter on Micron

Mizuho argues two H2 catalysts could drive Micron and the memory sector: (1) reports that Apple may seek U.S. government approval to source DRAM from CXMT, underscoring industry-wide supply tightness rather than a Micron-specific problem, with MU shifting toward hyperscalers and high-end memory; (2) a multi-decade memory-capacity expansion by SK Hynix, Samsung and Korea’s government—largely political signaling with no immediate capital commitments—while Micron also plans four new memory fabs. The broader demand backdrop and expected HBM pricing strength in 2027 could lift Street EPS for Micron into 2027, with MU’s next earnings cycle in Sept 2026 acting as a near-term trigger.

via Yahoo Finance|

#apple #business #cxmt