The Latest Breaking News from Micron Technology Inc

Micron Technology Inc's (NASDAQ:MU) short percent of float has risen 7.21% since its last report. The company recently reported that it has 24.71 million shares sold short, which is 2.23% of all regular shares that are available for trading.

Quantum computing involves using quantum mechanics to solve significant problems. Because of its immense applications in finance, artificial intelligence, healthcare, cybersecurity, blockchain, and cryptocurrencies, we think adding quantum computing stocks Teradata Corp. (TDC), Micron Technology (MU), and Hewlett Packard Enterprise (HPE) to one's watchlist could be wise. Read on.

The CEOs of Intel Corp (NASDAQ:INTC) and Micron Technology Inc (NASDAQ:MU) will testify on March 23 before the U.S. Senate, Reuters reports. The hearing would focus on vulnerabilities in semiconductor supply chains and the sector's connection with American competitiveness. The PACCAR Inc (NASDAQ:PCAR) chief will also testify at the hearing. The U.S. presently accounted for 12% of…

Micron Technology Inc's (NASDAQ:MU) short percent of float has risen 5.7% since its last report. The company recently reported that it has 22.69 million shares sold short, which is 2.04% of all regular shares that are available for trading.

Micron Technology Inc (NASDAQ: MU) shares are trading higher Wednesday following bullish analyst coverage from Bernstein.

Citi analyst Christopher Danely reiterated the Buy rating and $120 price target on Micron Technology Inc (NASDAQ:MU). The price target implies an upside of 39%. Danely noted that dynamic random access memory pricing could be higher in the second half of the year. Danely added that PC demand remains "solid," though some data center customers…

Micron Technology Inc's (NASDAQ:MU) short percent of float has fallen 13.39% since its last report. The company recently reported that it has 21.51 million shares sold short, which is 1.94% of all regular shares that are available for trading.

Piper Sandler analysts Weston Twigg and Harsh Kumar jointly noted that inSpectrum released its January monthly memory contract pricing data, which indicated DRAM 8Gb DDR4 fell 8% month-over-month and that NAND 256Gb TLC dropped 1% on a month-over-month basis.  The analysts, who monitor the three-month rolling average year-over-year change to better gauge trends,…

Micron Technology Inc's (NASDAQ:MU) short percent of float has risen 3.7% since last its last report. The company recently reported that it has 24.89 million shares sold short, which is 2.24% of all regular shares that are available for trading.