The Latest Breaking News from Micron Technology

Micron is a chip maker that trades at a compelling valuation, given its accelerating revenue growth and widening profit margins.

Micron Technology delivered strong revenue, cash flow, and business outlook in its latest fiscal quarter and year-end. This came from heavy AI-related spending by its clients. As a result, MU stock looks cheap here.

The stock market rally extended its advance, with the S&P 500 hitting record highs, fueled by Micron and Chinese stimulus.

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up by +0.40%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.62%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.72%. Stocks rallied Thursday, with the S&P 500 posting a new all-time...

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.37%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.42%. Stocks are climbing today, with the S&P 500 posting a new...

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.63%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +1.15%. Stocks are climbing today, with the S&P 500 posting a new...

December Nasdaq 100 E-Mini futures (NQZ24) are trending up +1.33% this morning as market participants cheered forecast-beating quarterly results and guidance from semiconductor giant Micron, while also awaiting a flurry of U.S. economic data and remarks from Federal Reserve officials.

Memory-chip giant Micron Technology beat estimates for its fiscal fourth quarter and guided higher than views for the current period.

Micron stock trades 44% below all-time highs, trailing the broader markets and its semiconductor peers by a wide margin. Can the tech stock recover in the next 12 months?

This semiconductor stock has pulled back sharply from its June highs, but with a bullish consensus rating, solid dividends, and impressive upside potential, it looks like a buy-the-dip opportunity.

Despite Micron Technology’s mixed performance relative to the technology sector, Wall Street analysts remain cautiously optimistic about the stock’s outlook.