Latest news with #Micron
Globe and Mail
6 hours ago
- Business
- Globe and Mail
Why Did Micron Stock Drop Today?
Key Points Samsung says the market for HBM memory for artificial intelligence (AI) functions is getting oversupplied. Samsung will cut prices on the most powerful HBM3E product in an attempt to win market share. Wells Fargo says this is bad news for Micron. 10 stocks we like better than Micron Technology › Shares of computer memory -maker Micron Technology (NASDAQ: MU) tumbled 5.2% through 11:25 a.m. ET Thursday -- but as far as I can tell, it wasn't anything Micron did to deserve this. Instead, it was Samsung that's to blame. What Samsung said about high-bandwidth memory (HBM) As WCCFTech reports this morning, Samsung has just announced it's lowering prices on HBM3E (that's "High Bandwidth Memory 3 Enhanced," currently the most capable kind of HBM memory, designed for use in artificial intelligence and machine learning). Samsung explained that on the one hand, it hasn't been able to win as much HBM business from Nvidia (NASDAQ: NVDA) as it would like, while on the other hand, the HBM market seems oversupplied right now. And the solution to both problems -- to help Samsung move product -- is to lower prices. Is Micron stock a sell? For Micron, this poses a problem -- because Micron also wants to sell HBM3E memory, and now Samsung has effectively declared a price war in the HBM market. In order to fight it, Micron will have to lower its own prices (hurting Micron's revenue and profit), or else it will lose market share to Samsung (also hurting Micron's revenue and profit!) And if that sounds like a lose-lose proposition for Micron, that's because it is. In a note on The Fly this morning, Wells Fargo warned that Samsung's action will "impact market prices," drying up much of the premium in prices between HBM3E and plain-vanilla DRAM memory, perhaps as early as H2 2025 (i.e., now). Priced at just 20x trailing earnings, Micron stock may not look too expensive. But if profits are about to dry up as Samsung's price cuts take hold, Micron stock could look expensive in a hurry. Savvy investors might want to sell before that happens. Should you invest $1,000 in Micron Technology right now? Before you buy stock in Micron Technology, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Micron Technology wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $638,629!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,098,838!* Now, it's worth noting Stock Advisor's total average return is 1,049% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025
Yahoo
6 hours ago
- Business
- Yahoo
Micron Technology Stock: Analyst Estimates & Ratings
Boise, Idaho-based Micron Technology, Inc. (MU) is an industry leader in innovative memory and storage solutions, transforming how the world uses information to enrich life for all. With a market cap of $124.5 billion, Micron's operations span the Americas, Europe, and Indo-Pacific. While the tech giant has lagged behind the broader market over the past year, it has significantly outperformed in 2025. MU stock prices have soared 33% in 2025 and 3.8% over the past 52 weeks, compared to the S&P 500 Index's ($SPX) 8.3% gains in 2025 and 16.6% surge over the past year. More News from Barchart Here's What Happened the Last Time Novo Nordisk Stock Was This Oversold Tesla Just Signed a Chip Supply Deal with Samsung. What Does That Mean for TSLA Stock? Earnings Will Be 'Worse Than Expected' for UnitedHealth. How Should You Play UNH Stock Here? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Similarly, MU has outpaced the Technology Select Sector SPDR Fund's (XLK) 13.6% gains on a YTD basis, but underperformed XLK's 22.7% returns over the past 52 weeks. Despite beating analysts' expectations, Micron Technology's stock prices dipped nearly 1% in the trading session after the release of its Q3 results on Jun. 25. Driven by the solid demand for its products in end markets, the company observed a massive 36.5% year-over-year growth in revenues to $9.3 billion, surpassing the projections by 5.3%. Further, its non-GAAP net income skyrocketed 210.7% year-over-year to $1.8 billion, and non-GAAP EPS of $1.91 surpassed the estimates by an even larger margin. The drop could be a result of investors expecting an even better performance, as the stock had surged more than 30% in the three weeks prior to the release of the earnings report. For the full fiscal 2025, ending in August, analysts expect MU to deliver an EPS of $6.99, significantly up from $0.58 delivered in fiscal 2024. Further, the company has a solid earnings surprise. It has surpassed the Street's bottom-line estimate in each of the past four quarters. Micron maintains a consensus 'Strong Buy' rating overall. Of the 33 analysts covering the stock, opinions include 23 'Strong Buys,' four 'Moderate Buys,' five 'Holds,' and one 'Strong Sell.' On Jun. 27, Baird analyst Tristan Gerra maintained an 'Outperform' rating on MU, while raising the price target from $163 to $200. MU's mean price target of $149.88 suggests a significant 33.9% upside potential from current price levels. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Micron Announces Participation in Investor Event
BOISE, Idaho, July 29, 2025 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) announced today that company executives will participate at the KeyBanc Capital Markets Technology Leadership Forum in Deer Valley, Utah, on Monday, August 11, at 9:00 a.m. Mountain Time. Live webcasts and subsequent replays of presentations can be accessed from Micron's Investor Relations website at About Micron Technology, are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit © 2025 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners. Micron Media Relations ContactMark PlungyMicron Technology, Inc.+1 (408) 203-2910corpcomms@ Micron Investor Relations ContactSatya KumarMicron Technology, Inc.+1 (408) 450-6199satyakumar@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Micron Technology's Quarterly Earnings Preview: What You Need to Know
With a market cap of $124.5 billion, Micron Technology, Inc. (MU) is a global leader in innovative memory and storage solutions through its brands Micron, Crucial, and Ballistix. The company designs, manufactures, and markets high-performance DRAM, NAND, NOR Flash, and other advanced memory technologies serving data center, mobile, automotive, and consumer markets worldwide. Analysts expect the Boise, Idaho-based company to report an EPS of $2.32 in Q4 2025, a 134.3% growth from $0.99 in the year-ago quarter. It has exceeded Wall Street's earnings expectations in the past four quarters. More News from Barchart Tesla Just Signed a Chip Supply Deal with Samsung. What Does That Mean for TSLA Stock? Dear Microsoft Stock Fans, Mark Your Calendars for Aug. 1 Is Lucid Motors Stock a Buy, Sell, or Hold for July 2025? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For fiscal 2025, analysts forecast the memory giant to report EPS of $6.99, marking a significant increase from $0.58 in fiscal 2024. Shares of Micron Technology have risen 1.7% over the past 52 weeks, lagging behind the broader S&P 500 Index's ($SPX) 17.1% gain and the Technology Select Sector SPDR Fund's (XLK) 22.1% return over the same period. Micron reported a strong fiscal Q3 2025 report on Jun. 25 that beat Wall Street expectations, with revenue surging 37% year-over-year to $9.3 billion and adjusted EPS jumping 208% to $1.91. The surge was driven by explosive demand for high-bandwidth memory (HBM) used in AI accelerators, with HBM revenue growing 50% quarter-over-quarter and overall data center revenue more than doubling year-over-year. Investor optimism was further fueled by strong forward guidance, including Q4 revenue projected at $10.4 billion - $11 billion and adjusted EPS of $2.35 - $2.65. However, the stock fell nearly 1% the next day. Analysts' consensus view on MU stock remains bullish, with a "Strong Buy" rating overall. Out of 33 analysts covering the stock, 23 recommend a "Strong Buy," four have a "Moderate Buy," five "Holds," and one "Strong Sell." As of writing, the stock is trading below the average analyst price target of $149.88. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Tigermed Completes Acquisition of Japanese CRO Micron
HANGZHOU, China and TOKYO, July 29, 2025 /PRNewswire/ -- Tigermed ( / a leading global provider of clinical research solutions across the full lifecycle of global biopharmaceutical and medical device products, today announces the completion of its acquisition of CRO company Micron,Inc. Founded in 2005 and headquartered in Tokyo, Micron is a Japan-based Contract Research Organization (CRO) focusing in medical imaging and clinical trial services with over 160 employees. Micron brings nearly two decades of expertise in clinical research and the largest team of imaging experts in Asia, served more than 250 clients and contributed to the successful approval of over 40 drugs. As the first imaging CRO in Japan, Micron has built a strong reputation for technology excellence and pioneering practices in imaging biomarkers, AI-powered imaging support, and long-standing client trust. Following the acquisition, Micron will be integrated into Tigermed's global network as a key entity under Tigermed Japan. Leveraging mature service team and deep regional expertise from Micron, as well as its worldwide operational layout, Tigermed will enhance its coverage across Japan and Asia-Pacific in medical imaging capabilities. "It's a great honor to join Tigermed," said Mr. Hiroaki Suzuki, President and Co-founder of Micron. "Micron is committed to human health by supporting research activities in the medical field through utilizing imaging technologies. We believe our 20 years of medical imaging experience and expertise will become a strong support to Tigermed in this sector. And Tigermed's global presence and resources will open new vision for Micron for building a broader platform and opportunity for worldwide expansion." "We are delighted to welcome Micron to the Tigermed family," said Mr. Michael Wen, Co-President of Tigermed. "Micron's unique strengths in technology and proven track record will be of great value to Tigermed's business expansion in Japan and Asia-Pacific region. The integration of our technologies and talent will comprehensively enhance our competitiveness in medical imaging and clinical services, empowering us to make greater contributions to global medical research and development." About Micron Micron, Inc. was established in 2005 and is headquartered in Tokyo, with offices in Osaka and Nagoya. As an imaging CRO, Micron globally supports the development of pharmaceuticals, diagnostics, medical devices, biomarkers, and AI-guided SaMD through a range of clinical development services centered around medical imaging. Micron provides support across various aspects of clinical development, including monitoring, quality control, imaging core lab operations, image analysis, and centralized imaging review. The company also serves as an In Country Clinical Caretaker (ICCC), offering tailored assistance to foreign medtech and biotech companies conducting clinical trials in Japan. In addition, Micron supports niche areas such as theranostic clinical trials, contributing to the advancement of personalized medicine. Learn more at About Tigermed Tigermed (Stock code: is a leading global provider of integrated research and development solutions for biopharmaceutical and medical device industry. With a broad portfolio of services and a promise of quality, from preclinical development to clinical trial to commercialization, we are collaborating with over 3,600 customers and committed to moving their development journey efficiently and cost-effectively. Tigermed currently represents a worldwide network of more than 180 locations with over 10,000 employees across Asia Pacific, Europe, North America, Latin America and Africa. We are devoted to building an integrated platform that enables the boundless possibilities for the healthcare industry, embracing challenges to fulfill our commitment to serving unmet patients' needs, and ultimately saving lives. Learn more at （1）Source： View original content to download multimedia: SOURCE Tigermed
