Semiconductors

Micron Stock Is Sliding. The Outlook Disappointed.

Text size New Street Research analyst Pierre Ferragu says a recent weakness in Micron Technology stock represents an opportunity to buy. Dreamtime Micron Technology stock is trading lower after the memory-chip maker said financial results for the fiscal fourth quarter ending in August will come in well short of previous Street estimates. While analysts had …

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Opinion: The chip boom likely over, as Micron says it’s in a ‘downturn’

The semiconductor boom of the past two years appears to be ending. Memory-chip maker Micron Technology Inc. MU, -1.32% gave a downbeat forecast for its next fiscal quarter Thursday, predicting a massive revenue shortfall ranging from $1.5 billion to $2.3 billion, as COVID-19 restrictions in China and slower demand for consumer products hurt the sale …

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