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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (91977)3/20/2024 6:49:09 PM
From: Sam2 Recommendations

Recommended By
Return to Sender
seminole

  Respond to of 95383
 
Micron AH--up to 112.07 so far!

After-Hours Trades

After Hours Time (ET) After Hours Price After Hours Share Volume
18:30:45$112.0725
18:30:44$112.071,000
18:30:44$112.0776
18:30:44$112.1224

nasdaq.com

Headlines from Reuters as of 4:59:

BRIEF-Micron Says On Track To Generate "Several Hundred Million" Dollars Of Revenue From HBM In Fiscal 2024

REUTERS 4:59 PM ET 3/20/2024

MU 96.25 +2.25 (+2.3936%)
QUOTES AS OF 04:00:00 PM ET 03/20/2024
Symbol Last Price Change

March 20 (Reuters) - Micron Technology Inc(MU):

* MICRON TECHNOLOGY INC(MU): WE EXPECT DRAM AND NAND PRICING LEVELS TO INCREASE FURTHER THROUGHOUT CALENDAR YEAR 2024

* MICRON TECHNOLOGY INC(MU): EXPECT RECORD REVENUE AND MUCH IMPROVED PROFITABILITY NOW IN FISCAL YEAR 2025.

* MICRON TECHNOLOGY(MU): EXPECT FISCAL 2024 FRONT-END COST REDUCTIONS, EXCLUDING THE IMPACT OF HBM, TO TRACK IN LINE WITH OUR LONG-TERM EXPECTATIONS

* MICRON TECHNOLOGY INC(MU): IS WELL POSITIONED WITH OUR PORTFOLIO OF HBM, D5, LP5, HIGH-CAPACITY DIMM, CXL AND DATA CENTER SSD PRODUCTS

* MICRON TECHNOLOGY(MU): DEVELOPMENT OF OUR NEXT-GENERATION NAND NODE IS ON TRACK, WITH VOLUME PRODUCTION PLANNED FOR CALENDAR 2025

* MICRON TECHNOLOGY(MU): INVENTORIES FOR MEMORY AND STORAGE HAVE IMPROVED SIGNIFICANTLY IN THE DATA CENTER

* MICRON TECHNOLOGY(MU) - FORECAST CALENDAR 2024 BIT DEMAND GROWTH FOR THE INDUSTRY TO BE NEAR THE LONG-TERM CAGR (COMPOUND ANNUAL GROWTH RATE) FOR DRAM

* MICRON TECHNOLOGY(MU) : IN DATA CENTER, TOTAL INDUSTRY SERVER UNIT SHIPMENTS ARE EXPECTED TO GROW MID TO HIGH SINGLE DIGITS IN CALENDAR 2024

* MICRON TECHNOLOGY(MU): EXECUTING WELL ON OUR HBM PRODUCT RAMP PLANS AND HAVE MADE SIGNIFICANT PROGRESS IN RAMPING OUR CAPACITY, YIELDS AND QUALITY

* MICRON TECHNOLOGY(MU): HAVE BEGUN HIGH-VOLUME SHIPMENTS OF OUR HBM3E PRODUCT

* MICRON TECHNOLOGY INC(MU) - WE EXPECT CALENDAR 2024 INDUSTRY SUPPLY TO BE BELOW DEMAND FOR BOTH DRAM AND NAND

* MICRON TECHNOLOGY(MU): COMMENCED VOLUME PRODUCTION AND RECOGNIZED OUR FIRST REVENUE FROM HBM3E IN FISCAL Q2

* MICRON TECHNOLOGY INC(MU) - BIT SUPPLY GROWTH IN FISCAL 2024 REMAINS BELOW OUR DEMAND GROWTH FOR BOTH DRAM AND NAND

* MICRON TECHNOLOGY INC(MU) - EXPECT TO DECREASE OUR DAYS OF INVENTORY IN FISCAL YEAR 2024

* MICRON TECHNOLOGY(MU): CUSTOMERS CONTINUE TO GIVE FEEDBACK THAT HBM3E SOLUTION HAS A 30% LOWER POWER CONSUMPTION VERSUS COMPETITORS' SOLUTION

* MICRON TECHNOLOGY INC(MU) - FISCAL 2024 CAPEX (CAPITAL EXPENDITURES) PLAN REMAINS UNCHANGED AT A RANGE BETWEEN $7.5 BILLION AND $8.0 BILLION

* MICRON TECHNOLOGY(MU): OUR HBM IS SOLD OUT FOR CALENDAR 2024

* MICRON TECHNOLOGY INC(MU) - CONTINUE TO PROJECT OUR WFE (WAFER FAB EQUIPMENT) SPENDING WILL BE DOWN YEAR ON YEAR IN FISCAL 2024

* MICRON TECHNOLOGY(MU): THE OVERWHELMING MAJORITY OF OUR 2025 HBM SUPPLY HAS ALREADY BEEN ALLOCATED

* MICRON TECHNOLOGY INC(MU) - FISCAL Q3 BIT SHIPMENTS ARE EXPECTED TO BE DOWN MODESTLY FOR DRAM AND UP SOMEWHAT FOR NAND, COMPARED TO FISCAL Q2 LEVELS

* MICRON TECHNOLOGY(MU): CONTINUE TO EXPECT HBM BIT SHARE EQUIVALENT TO OUR OVERALL DRAM BIT SHARE SOMETIME IN CALENDAR 2025

* MICRON TECHNOLOGY INC(MU) - EXPECT DIO TO IMPROVE SEQUENTIALLY IN FISCAL Q3

* MICRON TECHNOLOGY(MU): EXPECT 12-HIGH HBM3E WILL START RAMPING IN HIGH-VOLUME PRODUCTION AND INCREASE IN MIX THROUGHOUT 2025

* MICRON TECHNOLOGY INC(MU) - EXPECT SOLID SEQUENTIAL IMPROVEMENT IN FISCAL Q3 GROSS MARGINS DUE TO ROBUST PRICE INCREASES ACROSS BOTH DRAM AND NAND

* MICRON TECHNOLOGY INC(MU) - FORECAST OPERATING EXPENSES TO INCREASE BY APPROXIMATELY $30 MILLION IN THE FISCAL THIRD QUARTER

* MICRON TECHNOLOGY(MU): CONFIDENT WE WILL MAINTAIN OUR TECHNOLOGY LEADERSHIP WITH HBM4 - PREPARED REMARKS

* MICRON TECHNOLOGY INC(MU) - FORECAST CONTINUED IMPROVEMENT IN OPERATING INCOME THROUGH THE REMAINDER OF THE YEAR

* MICRON TECHNOLOGY(MU): ARE MAKING STRONG PROGRESS ON OUR SUITE OF HIGH-CAPACITY SERVER DIMM PRODUCTS

* MICRON TECHNOLOGY INC(MU) - PLAN FISCAL Q3 CAPITAL EXPENDITURES TO BE HIGHER THAN IN THE SECOND QUARTER

* MICRON TECHNOLOGY INC(MU) - NOW EXPECT TO GENERATE POSITIVE FREE CASH FLOW IN FISCAL Q3 AND Q4

* MICRON TECHNOLOGY(MU): EXPECT NEXT-GEN AI PC UNITS TO GROW AND BECOME A MEANINGFUL PORTION OF TOTAL PC UNITS IN CALENDAR 2025

* MICRON SEES STRONG HBM DEMAND DUE TO AI, WITH INCREASING SILICON INTENSITY OF HBM ROADMAP, TO CONTRIBUTE TO TIGHT SUPPLY CONDITIONS FOR DRAM MARKETS

* MICRON TECHNOLOGY INC(MU): ON TRACK TO GENERATE "SEVERAL HUNDRED MILLION" DOLLARS OF REVENUE FROM HBM IN FISCAL 2024

* MICRON TECHNOLOGY INC(MU): EXPECT HBM REVENUES TO BE ACCRETIVE TO OUR DRAM AND OVERALL GROSS MARGINS STARTING IN Q3 Further company coverage:


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