News & Events:MU

Steve Weiss cut Micron Technology Inc from his portfolio on Wednesday, citing concerns that he suggested could be plaguing the entire semiconductor industry. "The bottom is not in for any of these," Weiss said Wednesday on CNBC's "Fast Money Halftime Report."

CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. The commentary delivered by hosts of the show often moves the stocks mentioned. Broadcom Inc 12:30 P.M. - Stephanie Link mentioned she sold Broadcom, shares slid 0.07% lower in the following 30 minutes.

A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. Hewlett Packard's earnings per share for Q1 sits at $0.53, whereas in Q4, they were at 0.52. Its most recent dividend yield is at 3.02%, which has decreased by 0.27% from 3.29% in the previous quarter.

Someone with a lot of money to spend has taken a bearish stance on Micron Technology. And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don't know. So how do we know what this whale just did?

Someone with a lot of money to spend has taken a bullish stance on Micron Technology. And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don't know. So how do we know what this whale just did?

On CNBC's "Halftime Report Final Trades," Jenny Harrington of Gilman Hill Asset Management said she didn't trust Thursday's rally and was "hiding out." She named SL Green Realty Corp as her final trade, saying "a 5.2% yield and trading at 10 times earnings." Rob Sechan of New Edge Capital Group chose Apple Inc , citing "growth in its services business."

Micron Technology has outperformed the market over the past 10 years by 14.5% on an annualized basis producing an average annual return of 26.31%. Currently, Micron Technology has a market capitalization of $78.71 billion. Buying $100 In MU: If an investor had bought $100 of MU stock 10 years ago, it would be worth $1,055.39 today based on a price of $70.49 for MU at the time of writing.

The CNBC Stock Draft is an annual stock-picking competition pitting market professionals, athletes, and celebrities against each other. The winner is the team whose stocks have the highest average price appreciation between the closing price on April 28, 2022, to Feb. 10, 2023. This year's draft is expected to kick off on CNBC's "Power Lunch," which starts at 2 p.m. ET Thursday.

Shares of semiconductor stocks, including Micron Technology, Inc., are trading higher in sympathy with QUALCOMM, Inc., which reported better-than-expected second-quarter EPS and sales results. Qualcomm reported fiscal second-quarter revenue of $11.16 billion, which beat the $10.6 billion estimate.

If history is any guide, there may be trouble ahead for shares of Micron Technology. A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions.

Micron Technology Inc's short percent of float has risen 7.21% since its last report. Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock.

KeyBanc Sees Challenging Setup For Semiconductor Earnings

After more than a decade of growth stocks outperforming value stocks, that trend has reversed in the past year. The Vanguard Value Index Fund ETF has generated a total return of 13.3% in the past 12 months, compared to just a 1.1% total return for the Vanguard Growth Index Fund ETF in that time. Here are five of the best value stocks to buy with as little as $100, according to Bank of America.

A whale with a lot of money to spend has taken a noticeably bullish stance on Micron Technology. Looking at options history for Micron Technology we detected 19 strange trades. If we consider the specifics of each trade, it is accurate to state that 52% of the investors opened trades with bullish expectations and 47% with bearish.

Someone with a lot of money to spend has taken a bearish stance on Micron Technology. And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don't know. So how do we know what this whale just did?

Micron Technology, Inc. (MU), today announced the volume production of its new 16Gb GDDR6X memory, which is now shipping in the NVIDIA® GeForce® RTX 3090 Ti graphics card. Today Micron extends its performance leadership by providing a new graphics memory with 16Gb capacity and running at an industry-best 21Gb/s in the GeForce RTX 3090 Ti.

Micron Technology, Inc. (MU), an industry leader in innovative memory and storage solutions, today announced the appointment of Courtney Geduldig to the role of corporate vice president for public affairs.

Micron Ropes In CFO From Qorvo

- Memory chipmaker Micron Technology Inc (MU) on Tuesday named chip firm Qorvo Inc's (QRVO) finance chief Mark Murphy as its new chief financial officer. Micron lost its former CFO David Zinsner to chipmaker Intel Corp in January. Murphy will take the reins from interim finance chief Sumit Sadana, who will return to the role of chief business officer, the company said.

Memory chipmaker Micron Technology Inc (MU) on Tuesday named chip firm Qorvo Inc's (QRVO) finance chief Mark Murphy as its new chief financial officer. Micron lost its former CFO David Zinsner to chipmaker Intel Corp (INTC) in January. Murphy will take the reins from interim finance chief Sumit Sadana, who will return to the role of chief business officer, the company said.