Micron Technology's shares fell about 13% before its fiscal Q3 2026 earnings report, driven by investor nervousness rather than fundamental issues. Analyst Kevin Cassidy highlights that Micron's focus on supply discipline and margin expansion, rather than market share growth, supports strong profitability in a supply-constrained memory market fueled by AI demand. Key metrics to watch include gross margin guidance potentially rising to 84%, which would confirm tight supply and robust demand. Investors await updates on new fab projects and capital returns to determine if the recent selloff is a buying opportunity or signals a deeper correction.
Asian semiconductor stocks experienced a significant decline following a sell-off in US chipmakers, with SK Hynix shares dropping over 9% in Seoul after an earlier 8% rally. The sell-off reflects concerns over AI spending and profit-taking after a st...
Jim Cramer expressed skepticism about the current impact of AI investments, noting that while AI infrastructure companies benefit, many corporate users have yet to show significant cost savings or revenue gains. He highlighted that banks, expected to...
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Sanjeev Sharma forecasts the S&P 500 will finish 2026 slightly below its starting point due to weak consumer fundamentals like stagnant wage growth, high inflation, elevated gas prices, and rising interest rates. His disposable income-based model hig...
Micron Technology announced that its executives will participate in the KeyBanc Capital Markets Technology Leadership Forum on August 10, 2026, in Deer Valley, Utah. The event presentation will be webcast live and available for replay on Micron's Inv...
