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.
Raspberry Pi Holdings PLC shares surged over 10% following strong quarterly results and optimistic guidance from US memory chipmaker Micron Technology. Micron's performance, driven by high demand for memory chips in AI applications, lifted semiconduc...
The Federal Reserve's annual bank stress test results show that banks are well prepared to handle a severe recession, receiving a clear all-clear signal. Following the test, major banks announced dividend increases, indicating a potential easing of r...
South Korean memory chip maker SK Hynix is preparing to raise nearly $30 billion through a U.S. listing on the Nasdaq, alongside its current listing in South Korea. This move will make SK Hynix shares more accessible to U.S. investors and could lead ...
Micron Technology reported an outstanding fiscal Q3 with revenue up 74% sequentially and 346% year-over-year, greatly exceeding market expectations. The company's forward price-to-earnings ratio remains low at 9.4 despite a 265% year-to-date stock pr...
Micron reported a record gross margin of 84.9% in its latest quarterly earnings, more than doubling from 39% a year ago and surpassing major tech companies like Nvidia and Meta. This surge is driven by strong demand for memory chips, especially from ...
