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Micron Mu

All articles tagged with #micron mu

markets18 days ago•19 min saved

Citi bets on AI-driven memory upcycle, calls pullback a buying opportunity

Citi argues the AI-driven memory upcycle is still in its early stages and could outperform the 2001–07 NAND upcycle, backed by three- to five-year LTAs and a persistent shortage of high-bandwidth memory (HBM). After a pullback in memory names, Citi expects AI-driven demand to stay robust as GPU deployments grow, with HBM capacity per AI system projected to rise about 434% (from 20.7 TB to 110.6 TB) and GPU counts per system from 72 to 576. Citi also notes SK Hynix could announce shareholder returns ahead of its Q3 and keeps a Buy rating on SK Hynix with higher earnings estimates, framing memory pullbacks as buying opportunities for names like MU and SK Hynix.

via Yahoo Finance|

#ai-driven-memory-upcycle #hbm-shortages #markets

markets1 month ago•16 min saved

Memory stocks plunge as AI chip rally enters bear territory

Micron, Samsung, SK Hynix and the Roundhill Memory ETF have fallen more than 20% from June highs, dragging broader semiconductor shares into a bear market as investors question how much good news was already priced in, even as Samsung still posted strong profits and AI memory shortages persist and the sector has yet to give up its rally gains since late March.

via Yahoo Finance|

#bear-market #markets #memory

technology1 month ago•113 min saved

Micron Stock Dips in Premarket as Tech Rally Pauses

Micron Technology (MU) fell more than 2% in Thursday premarket trading as risk appetite cooled for tech stocks. The stock remains above longer-term trend lines but faces near-term pressure, with resistance around 1,089.50 and support near 991. Analysts remain bullish overall, and investors are awaiting the Sept. 22 earnings report; MU also has notable ETF exposure in SPMO, SOXQ and DAX.

via Benzinga|

#analyst-outlook #etf-exposure #micron-mu

business2 months ago•12 min saved

AI Memory Rally Gains Momentum as MU and SNDK Targets Get Boost

Cantor Fitzgerald raised price targets for SanDisk (SNDK) to $2,900 and Micron (MU) to $1,500, with analyst CJ Muse saying the AI memory trade has only reached mid-innings as demand tightness and AI hardware demand boost memory names; MU and SNDK rallied about 11% and 7% midday, while other banks boosted targets and most analysts still rate MU/SNDK buys.

via Yahoo Finance|

#ai-memory #business #cantor-fitzgerald-price-targets