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The Latest Breaking News from Micron

Micron Loses $2.312 Billion as Demand for DRAM and 3D NAND Nosedives

Micron will further cut investments and reduce workforce due to short-term 3D NAND and DRAM demand uncertainties.

Tom’s Hardware

Galax's PCIe 5.0 SSD Arrives With Beefy Active Heatsink

Galax has announced the HOF Extreme 50 PCIe 5.0 SSD, which offers sequential read speeds up to 10 GB/s and features an active heatsink.

Tom’s Hardware

Hard disk drives could finally be out by Christmas if this trend continues

The average price of SSD building blocks is falling down and it’s good news

TechRadar

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Cadence Delivers Technical Details on GDDR7: 36 Gbps with PAM3 Encoding

When Samsung teased the ongoing development of GDDR7 memory last October, the company did not disclose any other technical details of the incoming specification. But Cadence recently introduced the industry's first verification solution for GDDR7 memory, and in the process has revealed a fair bit of additional details about the…

AnandTech

First PCIe Gen5 SSDs Finally Hit Shelves - But The Best Is Yet To Come

This week, consumer-grade PCIe 5.0 M.2 drives have finally hit the U.S. market, well over a year since the first client PC platforms supporting PCIe Gen5 became available. The new drives offer higher performance than the flagship PCIe 4 drives they supplant, albeit with some trade offs such as high…

AnandTech

Gov. Greg Abbott says Texas will revamp economic development program after property tax incentive expires

Abbott told business leaders in Arlington on Wednesday that Texas is already suffering from the end of the tax-break program, recently losing a “massive” computer chip factory to New York.

The Texas Tribune

The Best Semiconductor Stocks to Buy

When considering the best semiconductor stocks, there's Nvidia and then there's everyone else. Here, we look at the mega-cap chipmaker and a few of its peers.

Kiplinger

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Chip Inventories Swell as Consumers Buy Fewer Gadgets

The world is now awash in chips. The oversupply marks a sharp turnaround from a global shortage during two years of supercharged demand. Consumer appetite for electronics has weakened against a backdrop of rising interest rates, a falling stock market and recession fears.

Bangkok Post

Micron announces layoffs, cost cutting as chip demand drops

Micron will reduce its workforce by 10% next year and take other cost-cutting measures as the computer memory chip maker struggles to deal with too much supply amid a drop in demand

The Independent UK

NYC mayor takes supportive tone after governor signs bill restricting crypto mining

NEW YORK — New York City Mayor Eric Adams took a supportive if somewhat cryptic tone after New York Gov. Kathy Hochul signed legislation this week limiting some cryptocurrency mining in the state, casting the new law as an acceptable step toward smart tech policy.

Tribune News Service

Biden zeroes in on economic message as campaign winds down

President Joe Biden is zeroing in on a largely economic-focused message amid raging inflation and recession risks as he makes his closing argument for the November midterm elections

The Independent UK

Chip makers offer big investments as they jockey for federal aid

WASHINGTON — The world’s top semiconductor makers have announced in recent months long-term U.S. investments that could rise to more than $400 billion, citing support from a new federal aid program for which the rules have yet to be written.

Tribune News Service

Chipmakers offer big investments as they jockey for federal aid - Roll Call

The jockeying for federal money for semiconductor manufacturing has begun as global producers announce big investment plans.

Roll Call

3 Autonomous Vehicle Stocks to Buy on the Dip

Autonomous vehicles (AV) are the next major evolutionary step in transportation. However, there are many years before its full adoption. Here are 3 stocks that will benefit from this industry's growth and increasing adoption: Tesla (TSLA), Micron (MU) and ON Semiconductor (ON).

StockNews.com

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Reason

Biden's New Industrial Policy Will Fail, Just Like Industrial Policy Always Fails

While campaigning for the midterm election, the president is promoting a disastrous and expensive form of economic protectionism.

Benzinga

Nancy Pelosi Lost Money On 75% Of Recent Trades: Here's Where It Went Wrong

Speaker of the House Nancy Pelosi is one of the many members of Congress who has been targeted with talks of new legislation to ban members of office and their spouses from trading stocks and options. A new filing shows Pelosi and husband Paul Pelosi's recent trades.

Miami Herald

The Week Ahead: Seeing the bottom line of earnings deflation and economic apprehension

Amid the stock market's obsession over inflation and interest rates, investors may be asking themselves, “What about profits?” After all, the market is supposed to reflect corporate profit expectations, not just economic statistics.

The Independent UK

Micron to bring microchip plant to upstate New York

Micron, one of the world’s largest microchip manufacturers, is expected to open a semiconductor plant in New York, promising a $100 billion investment and a plant that could bring 50,000 jobs to the state

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Tribune News Service

Idaho's Mike Crapo defends record in US Senate as rivals try to tie him to federal dysfunction

U.S. Sen. Mike Crapo, R-Idaho, defended his lengthy record and role as an accomplished foil to Democratic President Joe Biden during a public debate Monday, as two political foes painted him as an uncompromising, career politician whose continued time in office prevents the state and nation from addressing some of…

Benzinga

Micron Technology Earnings Were 'Materially Worse' Than Expected: 6 Analysts Comment

Micron Technology Inc. (NASDAQ: MU) released fiscal fourth-quarter results after the closing bell on Thursday. The Boise, Idaho-based company reported downbeat revenues of $6.64 billion and adjusted earnings of $1.45 per share, ahead of the consensus estimate.

Benzinga

Top Financial Stories Tuesday, September 13: Elon Musk's Takeover Set To Get Twitter Shareholder Approval, Intel Slashes Mobileye IPO Valuation, Goldman Sachs To Layoff About 500 Jobs And More…

Wall Street Journal

StockNews.com

Buy This Pullback Stock Before It's Too Late

Leading chip-maker Micron (MU) is currently trading more than 40% below its 52-week high, beaten down by worsening chip demand, rampant inflation, and recession concerns. However, the company reported solid financials in its last quarter. Moreover, it is well-positioned to deliver strong performance owing to the solid long-term demand outlook…

StockNews.com

4 Semiconductor Stocks to Buy Right Now, Including Micron

Semiconductor industry continues to struggle with supply chain issues. However, despite such challenges, semiconductor sales increased year-over-year in July. Moreover, given the solid long-term prospects of the industry, it could be wise to add quality semiconductor stocks Broadcom (AVGO), QUALCOMM (QCOM), Micron Technology (MU), and Photronics (PLAB) to your portfolio.…

StockNews.com

3 Semiconductor Stocks to Buy on the Dip

Industries like cloud computing, autonomous driving, and AI continue to expand regardless of near-term road bumps. Companies selling to these industries will also prosper. Therefore, investors should target high-quality semiconductor stocks like Micron Computers (MU), ON Semiconductor (ON), and Broadcom (AVGO).

Tom’s Guide

Nvidia GeForce RTX 40 series: Price, specs and everything we know

The Nvidia GeForce RTX 40 series graphics cards are the company's most powerful GPUs yet — here's what you need to know.

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