|Bid||43.73 x 500|
|Ask||43.74 x 1100|
|Day's range||42.86 - 43.86|
|52-week range||21.49 - 49.89|
|PE ratio (TTM)||6.81|
|Earnings date||21 Mar 2018 - 26 Mar 2018|
|Forward dividend & yield||0.00 (0.00%)|
|1y target est||58.89|
In this series, we have been looking at some of the top performing semiconductor companies (SMH) both in terms of earnings and stock prices. Analysis of the semiconductor industry is incomplete without mention of Intel (INTC), which has been ruling this market for over three decades. 2017 brought change to the industry order, as the strong memory environment put Samsung (SSNLF) ahead of Intel in terms of revenue.
Micron Technology CEO Sanjay Mehrotra told IBD at CES that the memory chip giant is "uniquely positioned" to capitalize on key technology trends.
Here are some things going on today in your world of tech: Shares of Eastman Kodak (KODK) are finally cooling after their blockchain-inspired run since Tuesday, falling $1.40, or 13%, at $9.30. The stock more than doubled on Tuesday when the company announced it would introduce a new crypto-currency, “Kodak Coins,” to support a platform for photo rights management using blockchain technology. The shares had soared another 57% yesterday, despite Kodak CEO Jeff Clarke telling me in an interview that the price increase was not justified by the new initiative.
Here are some things going on today in your world of tech: The skies have cleared over Las Vegas, after a very wet Tuesday, that shocked both locals and visitors to the Consumer Electronics Show. Shares of Eastman Kodak (KODK) continue to soar today on Tuesday’s blockchain news, rising another 66% to $11.29, after more than doubling yesterday.
Shares of Micron Technology Inc. dropped 2.3% in morning trade Wednesday, to extend the 5.7% tumble on heavy volume in the previous session, amid concerns over the announcement earlier this week that the ...
BOISE, Idaho, Jan. 10, 2018-- Micron Technology, Inc. will host its annual meeting of shareholders at 9 a.m. MST on Wednesday, January 17 at its Boise, Idaho corporate headquarters.. The meeting will consider ...
Shares of Micron Technology (MU) are down $1.91, or 4%, at $43.64, following an appearance this morning by chief financial officer Ernie Maddock at an investment meeting held by J.P. Morgan, in which he was interviewed on stage by JPM analyst Harlan Sur. The meeting was in conjunction with the Consumer Electronics Show trade show taking place in Las Vegas this week. The discussion between the two included contemplation of falling prices for NAND flash chips, which Sur said has been “a particular concern of the market." Maddock brushed aside the worry, saying that the expected amount of increase in “bit supply,” the basic measure of how much is produced by the industry in total, is 40% to 50% this year, and that such a level of production can easily be absorbed by rising demand.
Shares of Micron Technology (MU) and Intel (INTC) are both lower this morning, after the companies said they will part ways in developing NAND flash memory chips after the current generation, in what Micron described as “forging our own paths." The announcement comes ahead of a keynote address this evening at the Consumer Electronics Show in Las Vegas by Intel chief executive Brian Krzanich. Micron shares are down 51 cents, or 1%, at $45.29, while Intel shares are down 72 cents, or 1.6%, at $44.02. In recent years, flash memory has become a more and more meaningful part of Intel’s business, helping it to diversify away from microprocessor.
BOISE, Idaho and SANTA CLARA, Calif., Jan. 08, 2018-- Micron and Intel today announced an update to their successful NAND joint development partnership that has helped the companies develop and deliver ...
Trends in the DRAM and NAND flash market are “neutral to positive” for Micron Technology (MU), according to a note today from Weston Twigg of Keybanc, who takes the temperature of pricing and supply for the parts. Twigg, who has a Sector Weight rating on Micron stock, thinks the shares are about at ‘fair value, at 4.9 times what the earnings the company may make this year. The neutral to good news is DRAM supply is tight and staying that way, while NAND is headed for “oversupply,” but that will burn itself off and return to tight conditions later this year, he thinks: Overall DRAM supply should remain tight until new capacity comes online later this year, with very little new capacity anticipated in the 1H.