Tag: $Micron Technology

Micron’s Outlook Tops Estimates. The Stock Is Still Down on Weak Earnings.

Micron Technology MU +0.40% shares were headed lower in late trading Wednesday after the memory chip company posted weak financial results for the latest quarter but provided revenue guidance that topped Wall Street estimates.

Chip stocks Infineon and Aixtron benefit from analyst study

FRANKFURT (dpa-AFX) – In a friendly market environment for European technology stocks, shares of Infineon and Aixtron stood out on Wednesday. While Infineon gained 3.2 percent to 37.60 euros, Aixtron rose 4.6 percent to 29.60 euros. They benefited from a positive analyst comment. The industry heavyweights STMicroelectronics and ASML also made significant gains.

Asian chip stocks rally after Micron’s bullish forecast signals easing supply glut

Shares of Asian chipmakers rallied on Thursday after Micron Technology’s bullish outlook overnight, which indicated the sector’s supply glut may finally be easing.

China was reducing Micron chip purchases years before ban

In the years before China declared U.S. firm Micron Technology’s products a national security risk, authorities were already scaling back purchases of its chips, opting instead for domestic or South Korean options, documents showed.

China fails Micron’s products in security review, bars some purchases

China’s cyberspace regulator said on Sunday that products made by U.S. memory chipmaker Micron Technology Inc (MU.O) had failed its network security review and it would bar operators of key infrastructure from buying from the company.