Chipmaker Micron Technology forecast third-quarter revenue above estimates on Wednesday, benefiting from the rapid adoption of artificial intelligence technology by businesses and an easing supply glu

Better Chip Stock: TSMC vs. Micron Technology

09:45am, Wednesday, 20'th Mar 2024
TSMC expects several tailwinds to lift its sales and profits this year. Micron's memory-chip sales have finally passed a cyclical trough.
Oracle leverages its partnership with Nvidia to boost its AI-driven cloud-computing services. Boatloads of Micron Technology's memory chips are crucial for the data-heavy demands of AI technologies.
Nvidia had few surprises for investors as it kicked off its Global Technology Conference 2024 on Monday. Among those few surprises was the fact that Nvidia isn't raising its estimate for the size of A
Morgan Stanley raised its price target to $78 but maintained an underweight rating on the stock. Micron is expected to report a sequential increase in revenue in the fiscal Q2 earnings report on Wedne
Micron Technology is beginning a cyclical upturn that could last for years.
The Micron (MU) stock price recently peaked above 2021 highs and could be showing resistance between $98 to $100. Gareth Soloway says that semiconductors are somewhat extended and that now could be th
AI utilizes powerful computers scanning vast amounts of data to draw conclusions or answer human's questions efficiently. Consequently, data storage companies will benefit tremendously from the prolif
Jay Woods, Freedom Capital Markets chief global strategist, joins 'Power Lunch' to discuss the technical support for Cloudflare, Micron Technology and Nike.
Barclays lifted its price target on Micron Technology Inc (NASDAQ:MU) stock to $120 from $95 ahead of this week's earnings report, anticipating "another strong beat and raise" from the company.
A pair of Wall Street analysts raised their price targets ahead of Micron's earnings report on Wednesday. Both analysts expect a "beat-and-raise" quarter.

Wall Street Awaits FOMC Report

11:46am, Monday, 18'th Mar 2024
Pre-market futures are into the green (a day after St. Patrick's Day) considerably at this hour, following a week of trading that was rather atypically erratic — at or near all-time highs one day, d
Micron Technology's (MU) Q2 performance is likely to have benefited from the strong demand for memory chips used for GPU-enabled AI servers, along with an improving supply-demand environment and highe
Micron Technology Inc. continues to establish itself as an artificial-intelligence play in the eyes of Wall Street.
The FOMC is expected to hold interest rates steady, but the Bank of Japan may hike. Plus, earnings reports from Micron Technology, FedEx, and Nike.
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