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Micron CEO Cautions AI Boom May Not Be Fully Sustainable, Flags Tariff-Driven Demand Pull-In
Thursday, June 26, 2025 - 6:26am | 622During Micron Technology Inc.’s (NASDAQ:MU) third quarter results, the company’s CEO, Sanjay Mehrotra, warned investors that not all of the AI-fueled demand surge may be sustainable. What Happened: On Wednesday, during the company’s third quarter earnings call, while highlighting...
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Jim Cramer Says 'Micron Looks Good' As CEO Sanjay Mehrotra Notes Record HBM Revenue, Stock Slides In Pre-Market Trading
Friday, March 21, 2025 - 5:36am | 516Jim Cramer expressed confidence in Micron Technology Inc. (NASDAQ:MU) on Thursday as the memory chip maker reported strong quarterly results and projected record revenue in the next quarter. What Happened: “Micron looks good. Let’s see what Sanjay says on the conference call,”...
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Taiwan's President Expresses Gratitude To Micron CEO For Ongoing Investment
Friday, July 12, 2024 - 9:10am | 481In an unusual public acknowledgment, Taiwan’s President, Lai Ching-te, has expressed his appreciation to Micron’s CEO, Sanjay Mehrotra, for his sustained investment and trust in Taiwan. What Happened: This public recognition is a rare event, considering Taiwan is home to the world...
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Micron CEO Says Generative AI Is Driving Increased Demand For Chips, Sees Acceleration In 2024 Leading To 'Strong' 2025
Thursday, December 21, 2023 - 6:50pm | 487Micron Technology, Inc. (NASDAQ: MU) stock got a lift Thursday on the heels of the company’s quarterly results. Following the report, Micron CEO Sanjay Mehrotra discussed the road ahead in an interview with CNBC’s Jim Cramer. What Happened: Micron reported mixed results late...
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Tesla, RH, Rumble, Stem, Viking Therapeutics: Why These 5 Stocks Are Drawing Investors' Attention Today
Wednesday, March 29, 2023 - 9:10pm | 508Major Wall Street indices closed at least 1% higher on Wednesday, led by upbeat outlook by companies including Micron Technology Inc. (NASDAQ:MU) that eased investor concerns about the economy. Micron President and CEO Sanjay Mehrotra told analysts on an earnings call that the memory chip industry...
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Micron Stock Is Sliding Today: What's Going On?
Thursday, December 22, 2022 - 10:06am | 477Micron Technology Inc (NASDAQ: MU) shares are trading lower Thursday after the company reported fiscal first-quarter financial results that came in below estimates. Q1 Results: Micron reported first-quarter revenue of $4.08 billion, which missed average analyst...
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Micron Stock Is Tumbling Today: What's Going On?
Wednesday, November 16, 2022 - 10:18am | 324Micron Technology Inc (NASDAQ: MU) shares are trading lower Wednesday after the company announced it's reducing DRAM and NAND wafer starts and working toward additional capex cuts. Micron said it will reduce DRAM and NAND starts by approximately 20% compared to ...
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What Micron Investors Need To Know About Q4 Results: Earnings Beat, Revenue Miss, Weak Guidance
Thursday, September 29, 2022 - 4:27pm | 352Micron Technology Inc (NASDAQ: MU) reported its fiscal fourth-quarter results Thursday after the bell. Here's a rundown of the report. What Happened: Micron reported fourth-quarter revenue of $6.64 billion, which missed average analyst estimates of $6.68 billion, according to...
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Why Micron Stock Is Moving Higher After Hours
Tuesday, March 29, 2022 - 4:22pm | 178Micron Technology Inc (NASDAQ: MU) is trading higher in Tuesday's after-hours session after the company reported better-than-expected financial results and issued third-quarter guidance above anlayst estimates. Micron reported fiscal second-quarter revenue of $7.79 billion, which beat the $7.52...
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Why Micron Shares Are Rising Today
Tuesday, December 21, 2021 - 9:55am | 363Micron Technology Inc (NASDAQ: MU) is trading higher Tuesday after the company announced better-than-expected fiscal first-quarter 2022 financial results and issued guidance above estimates. Micron reported adjusted quarterly earnings of $2.16 per share, which beat the estimate of $2.11 per...
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Analyst Remains Bullish On Micron And These 2 Semiconductor Stocks Following Mixed Earnings
Wednesday, September 29, 2021 - 12:43pm | 461Following Micron Technology Inc's (NASDAQ: MU) mixed financial results, Wells Fargo analyst Aaron Rakers maintained his long-term bullish outlook on the stock. He also sees upside in NVIDIA Corp (NASDAQ: NVDA) and Advanced Micro Devices Inc (NASDAQ: AMD). What Happened: Micron reported adjusted...
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Why Micron Shares Are Trading Lower Today
Wednesday, September 29, 2021 - 8:56am | 360Micron Technology Inc (NASDAQ: MU) is trading lower Wednesday after the company announced its fiscal fourth quarter financial results and issued guidance below estimates. Micron reported adjusted quarterly earnings of $2.42 per share, which beat the estimate of $2.33 per share. The company...
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Why Micron Technology Stock Is Trading Lower In Tuesday's After-Hours Session
Tuesday, September 28, 2021 - 4:59pm | 363Shares of Micron Technology Inc. (NASDAQ: MU) were trading sharply lower following the release of its Q4 earnings report and disappointing forward guidance for Q1 which missed estimates on both EPS and sales. The company issued lower than expected guidance with adjusted EPS in the range of $2....
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Paul Meeks Likes Micron To Lead The Way For Semiconductors
Wednesday, May 5, 2021 - 10:28am | 311Independent Solutions Wealth Management's Paul Meeks said he is "overweight" on semiconductors Wednesday on CNBC's "Squawk Box." The pace at which the world transitions from analog to digital was already happening quickly, but now it is "happening at hyper...
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Micron Trades Higher After Big Q3 Earnings Beat
Tuesday, June 25, 2019 - 4:19pm | 179Micron Technology, Inc (NASDAQ: MU) shares traded higher Tuesday afternoon after reporting a third-quarter earnings beat. Third-quarter adjusted earnings came in at $1.05, beating estimates by 22 cents. Sales came in at $4.788 billion, beating estimates by $18 million. "Micron's improved...