MU News

Nvidia's earnings will signal the strength of AI-driven demand critical to Micron's memory chip sales. Strong or weak results could directly impact Micron's recovery prospects and investor confidence.

Micron Technology (NASDAQ: MU) has gained 97% in the past year and 58% year-to-date, with bullish indicators and analyst upgrades driving investor optimism.

Over the past 3 months, 28 analysts have published their opinion on Micron Technology (NASDAQ:MU) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

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.

Someone with a lot of money to spend has taken a bullish 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.

Micron Technology (NASDAQ:MU) has outperformed the market over the past 10 years by 14.5% on an annualized basis producing an average annual return of 26.31%. Currently, Micron Technology has a market capitalization of $78.71 billion.

Shares of semiconductor stocks, including Micron Technology, Inc. (NASDAQ: MU), are trading higher in sympathy with QUALCOMM, Inc. (NASDAQ: QCOM), which reported better-than-expected second-quarter EPS and sales results.<

If history is any guide, there may be trouble ahead for shares of Micron Technology (NASDAQ:MU). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.