Someone with a lot of money to spend has taken a bearish stance on Micron Technology (NASDAQ:MU). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
When a company has too much to sell, it has little choice but to start discounting. But some, like off-price retailers TJX, Ross Stores, and Burlington Stores, could benefit from the trend.
Hundreds of top engineers and executives working for Chinese chip companies are facing a tough decision about whether they should stay in mainland China amid the United States’ sanctions. They incl…
CFD Gaming reveals its newest SSDs based on PCIe Gen 5 NVMe M.2 specifications with up to 10 GB/s transfer speeds.
The
Upgrades
According to this latest study, the 2021 growth of Static RAM will have significant change from previous year. By the most conservative estimates of
After six consecutive sessions of decline, investors rebelled and pushed indexes up sharply, with gains ranging from 2.3% for the Nasdaq 100 to 2.83% for the Dow Jones. The S&P 500 recovered 2.6%...
Shares of Micron Technology Inc. slid 1.79% to $52.75 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P...
Micron Technology’s (NASDAQ:MU) short percent of float has fallen 13.8% since its last report. The company recently reported that it has 27.74 million shares sold short, which is 2.56% of all regular shares that are available for trading.
Micron 7450 NVMe SSDs Deliver OCP 2.0 Support...
The chip industry is in the midst of a major downturn.
Micron will use the subsidy to bolster production capacity.
Taiwanese chipmaker TSMC cut its annual investment budget by at least 10% for 2022 and struck a more cautious note than usual on upcoming demand, flagging challenges from rising inflationary costs and predicting a chip downturn next year.
U.S. export restrictions on chip equipment to China are likely to lead to its “Sputnik” moment, prompting Chinese chipmakers to try creative engineering solutions and chart their own course even if it may not succeed commercially in the longer term, experts said.
The
Premarket Mover: Micron Technology, Inc. (MU) Up 1.32%
Newer restrictions on Chinese chipmakers could bolster Micron’s competitive position.
Micron Technology, Inc. (NASDAQ: MU) shares are trading higher by 4.8% to $53.85 Tuesday afternoon. The stock may be rebounding following recent weakness in semiconductor and chip names after the US announced export restrictions to China. What Happened?
Subscribe to get the Good Morning, CNY newsletter delivered to your email inbox weekday mornings.