|Bid||42.72 x 200|
|Ask||42.78 x 900|
|Day's range||42.65 - 44.20|
|52-week range||21.74 - 49.89|
|PE ratio (TTM)||6.68|
|Earnings date||21 Mar 2018 - 26 Mar 2018|
|Forward dividend & yield||0.00 (0.00%)|
|1y target est||58.89|
Paul Wick: Before I get into individual stocks, I’d like to give a quick industry overview. One of the things I come back to is that semiconductors are an inexpensive way to play a lot of the best secular trends in technology, including the cloud, the amount of compute power in the cloud, storage needed in cloud data centers, memory for virtualization, and higher-speed networks to reduce latency to the cloud.
Will the Market Force Be with Micron in Fiscal 2018? The increasing adoption of AI (artificial intelligence) and AR/VR (augmented/virtual reality) in Smartphones, industries, and gaming is driving memory content in the data center, mobile, embedded, and graphics spaces. The memory market is highly consolidated yet very competitive, keeping Micron Technology (MU) on its toes, ready to innovate and move to more advanced technologies.
Will the Market Force Be with Micron in Fiscal 2018? Micron Technology (MU) is a supplier of memory chips, and its customer base largely composed of PCs (personal computer) and data centers. With the advent of the mobile revolution, its customer base has expanded, reducing the cyclicity of the memory market.
Will the Market Force Be with Micron in Fiscal 2018? Micron Technology (MU) is a pure-play memory company that has always been given a low valuation because the cyclical nature of the memory market doesn’t encourage investors to hold it for the long term. Earlier, the memory market had ~13 suppliers.
The flash partnership between Micron (MU) and Intel (INTC) has ended, making it a hot discussion topic among analysts. At J.P. Morgan’s 16th Annual Technology Investor Forum, analyst Harlan Sur questioned Micron’s chief financial officer, Ernie Maddock, about the possible impact of the partnership termination. Intel funded Micron’s R&D (research and development) efforts in the NAND (negative AND) flash area.
In the latest update on Micron Technology (MU), Intel (INTC) ended its 12-year-old flash memory partnership with the memory chipmaker in order to focus its NAND (negative AND) technology in its data-centric business. The IMFT (Intel–Micron Flash Technologies) joint venture began in 2005, as the two companies made an extensive investment in building a plant in Lehi, Utah.
On December 5, 2017, Micron Technology (MU) filed a lawsuit against United Microelectronics Corporation (or UMC) and Fujian Jinhua Integrated Circuit Co. (or JHICC) in the United States District Court for the Northern District of California. The lawsuit alleges infringement on its DRAM (dynamic random access memory) patents and intellectual property rights. The lawsuit states that two former employees of Micron Technology shared the company’s DRAM technology with Taiwan-based UMC, which planned to partner with JHICC in technical cooperation.
In the previous part of this series, we saw that Micron Technology (MU) focused on developing value-added memory solutions like SSD (solid-state drives) and graphics memory in fiscal 2017. The advent of smart cities, smart homes, smart cars, and smart factories would require higher DRAM (dynamic random access memory) content to process large quantities of data at the edge. Apart from product technology, Micron is also developing manufacturing process technology.
Micron Technology (MU) enjoyed the best growth among all US-based semiconductor companies in 2017. For fiscal 2Q18, Micron expects its revenues to increase 3.0% sequentially and 51.0% YoY (year-over-year) to $7.0 billion at the midpoint. Fiscal 2Q is a seasonally low quarter for Micron as holiday season sales end.
Accenture (ACN) on this Monday announced the opening of its new innovation center in Boston, MA, which will add approximately 400 tech jobs by 2020.
SK Hynix and Micron Technology (MU) also made it to the top five. Among the US-based semiconductor companies, Micron reported the highest revenues and stock price growth in 2017. Micron stock rose 87.6% in 2017 and more than 350.0% in 18 months as the company enjoyed a continuous increase in memory prices. Not only did Micron report strong earnings, but it also outperformed analysts’ expectations by an increasingly large margin.
Netflix, Micron Technology, and Alphabet are crowding out all other tickers in this investor's real-money portfolio. Here's how, why, and what they're up to next.
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.
Jan 12 (Reuters) - United Microelectronics Corp : * SAYS IT FILES THREE PATENT INFRINGEMENT LAWSUITS AGAINST FIRMS INCLUDING XIAN AND SHANGHAI AFFILIATES OF MICRON TECHNOLOGY INC * UMC SAYS IT REQUESTS ...