South Korean stocks fell on Monday, dragged down by Samsung and SK Hynix, giving back some of Friday’s record gains and suggesting that concerns over elevated valuations continue to linger.However, U.S. memory stocks were lifted by a new statement from President Donald Trump signaling a renewed app…
Memory chipmaker Micron Technology (MU, Financials) mounted a dramatic comeback as traders defended a crucial technical support level.Shares bounced off the 100-day moving average near $727 and soared almost 18% to about $872 in midafternoon trading. That level also served as the bottom of a fallin…
Micron Technology NASDAQ:MU, a U.S. manufacturer of memory and storage chips, dropped approximately 4.2% in Friday's regular session despite Amazon NASDAQ:AMZN raising its planned 2026 capital expenditure to $220 billion. Micron had rallied approximately 18% Thursday as Microsoft's NASDAQ:MSFT clou…
Michael Burry (Trades, Portfolio) expanded several positions and increased his bearish exposure to artificial intelligence and semiconductor stocks in his latest portfolio update.Burry added to his Nvidia NASDAQ:NVDA put options and increased his short position in Micron Technology (MU). He also ex…
Chip stocks continued their rally for a second day, with fresh triggers coming from Amazon’s upbeat earnings and an unprecedented rebound in the South Korean market, which is heavily weighted towards Samsung and SK Hynix.Micron shares climbed 3.5% in early premarket trading on Friday, while SanDisk…
Micron (MU) says long-term AI supply deals could represent about half of future revenue. Analysts note a shift toward contract-backed sales that may stabilize revenue and improve v
U.S. stocks tumbled Wednesday, with the Dow Jones Industrial Average falling about 900 points as rising oil prices and renewed Middle East tensions weighed on investor sentiment ahead of the Federal Reserve's policy decision.The Dow dropped 1.6%, while the S&P 500 lost 1.1% and the Nasdaq Composite…
Micron Technology NASDAQ:MU Chief Executive Sanjay Mehrotra sold about $37.3 million worth of company shares last week under a prearranged trading plan.The filing showed Mehrotra disposed of more than 40,000 shares on July 24 through a Rule 10b5-1 trading plan, which allows corporate executives to…
Memory chip maker Micron Technology (MU, Financials) disclosed in two SEC Form 4 filings that CEO Sanjay Mehrotra sold 40,000 company shares for approximately $37.29 million under a pre-arranged trading plan.The first SEC filing reported the sale of 31,285 shares. The second SEC filing reported the…
Michael Burry (Trades, Portfolio) has increased his bearish bets against several major chip stocks while keeping his existing short positions in Tesla NASDAQ:TSLA and Palantir NASDAQ:PLTR.The Big Short investor said he sold short additional shares of Micron NASDAQ:MU at $933.86 and added to his Nvi…
"The Big Short" investor Michael Burry (Trades, Portfolio) has reshaped parts of his portfolio by increasing several bearish positions in semiconductor-related assets while leaving his existing short positions in Tesla NASDAQ:TSLA and Palantir Technologies NASDAQ:PLTR intact, according to comments…
Memory stocks fell on Friday, trimming this week’s gains, with shares of Micron Technology Inc. (MU), SK Hynix Inc. (SKHY), Seagate Technology Holdings (STX), Western Digital Corp. (WDC), SanDisk Corp. (SNDK), and others in the sector declining between 3% and 7%.The Roundhill Memory ETF (DRAM), whi…
What Happened? A number of stocks fell in the morning session after the U.S. government announced new tariffs of 10% to 12.5% on 60 trading partners over concerns related to forced labor. The targeted nations include the European Union, Japan, South Korea, and Taiwan—the fundamental pillars of the…
Micron Technology, Inc. posted its strongest one-day gain in nearly two months on Thursday, bucking a broad-based technology selloff and reinforcing optimism surrounding the red-hot memory-chip trade. The stock, however, gave back some of those gains in overnight trading, slipping nearly 3%.Thursda…
Memory-chip maker Micron Technology (MU, Financials), which supplies a large chunk of memory chips to Tesla, said the industry is facing tight availability and high prices.Tesla Chief Executive Elon Musk said Micron had offered the supply on reasonable terms, and agreed capacity for years to come…
Micron Technology NASDAQ:MU is back in focus after Bank of America reinforced its bullish outlook, arguing that the latest wave of open-source artificial intelligence models strengthens, rather than weakens, the long-term investment case for the memory-chip maker.The brokerage reiterated its Buy ra…
Bank of America has included memory chipmaker Micron Technology (MU, Financials) which serves data center, mobile and industrial industries to its U.S. 1 List, along with Keurig Dr Pepper.Micron shares jumped 6.5% in premarket trading after the announcement. Dr Pepper Keurig gained a bit.The U.S. 1…
What Happened? A number of stocks jumped in the morning session after dip buyers returned to the market to capitalize on more attractive valuations following the sector's steep selloff in the previous week, driven by continued optimism surrounding the long-term artificial intelligence investment cy…
Memory chip stocks advanced sharply in early premarket trading on Tuesday, extending gains from the previous session, in a sign investors are betting on upbeat results from tech majors over the next two weeks that could reinvigorate the AI trade.Micron stock gained 6.4%, while SanDisk shares rose n…
Leading memory chip stocks Micron and SanDisk rose on Monday, snapping a three-day losing streak and bucking a selloff in Korean equities that has often spilled over into U.S. semiconductor names.Micron stock gained 2%, while SanDisk and Western Digital rose 2.7% and 2.1%, respectively – all three…
