NasdaqGS - Nasdaq Real Time Price • USD Micron Technology, Inc. (MU) Follow Compare 102.50 +4.26 (+4.34%) At close: December 13 at 4:00:02 PM EST 102.78 +0.28 (+0.27%) After hours: December 13 at 7:59:56 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations The final Fed meeting of 2024 awaits: What to know this week Investors will be closely watching for any hints on how much further the Federal Reserve plans to lower interest rates in 2025. 1 Stock to Buy, 1 Stock to Sell This Week: Micron, Nike • Fed rate cut, FOMC dot-plot, Powell comments will be in focus this week. • Micron offers significant upside potential backed by robust earnings growth and strong demand for its AI-related products. • Nike faces mounting challenges, with declining revenues, a cautious outlook, and soft consumer demand suggesting further downside for its stock price. • Looking for more actionable trade ideas? Subscribe here for 55% off InvestingPro as part of our Cyber Week Extended sale! U.S. stocks closed most What Wall Street Analysts Think of Micron's Stock Ahead of Earnings Micron Technology is set to report earnings after the market closes Wednesday, with analysts overwhelmingly bullish on the chipmaker's stock. Micron, Nike, FedEx, and more stocks to watch this week The Christmas holiday is fast approaching, and the festive spirit is in full swing as people gear up for celebrations, shopping sprees, and family reunions. While only a few companies are set to release earnings reports this week, the stock market is bracing for a potentially pivotal moment. This week, the Federal Reserve is expected to announce whether it will lower interest rates—a decision that could significantly influence the economic and financial landscape heading into 2025. What To Expect in the Markets This Week Coming up: Fed interest rate decision, Powell remarks, PCE inflation report, earnings from Micron, Nike, FedEx, Carnival Jim Cramer Says ‘Both Micron Technology, Inc. (MU) and ADI Are Well Off Their High, So The Whole Thing Might Be A Bit Of A Comedown For Them’ We recently compiled a list of the Jim Cramer Discussed 18 Companies That Hit $100 Billion in Market Cap in 2024. In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against the other companies that hit $100 billion in market cap in 2024. Jim Cramer, the host of […] Nike earnings, Fed meeting, Nov. PCE: What to Watch Market Domination Overtime Hosts Julie Hyman and Josh Lipton detail the top market headlines to watch for next week. All eyes are on the Federal Reserve as the Federal Open Market Committee (FOMC) prepares for its December 17-18 meeting. Wall Street is closely monitoring the central bank's upcoming interest rate decision, with markets currently pricing in an expected 25 basis point cut. A slew of earnings reports are scheduled for release, featuring companies including Nike (NKE), Micron (MU), General Mills (GIS), Lennar (LEN), FedEx (FDX), and Accenture (ACN). On the economic calendar, two key releases are due: November's Personal Consumption Expenditures (PCE) index— the Fed's preferred measure of inflation —will be released on Friday, while Retail Sales data will be published earlier in the week. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith Stocks to watch next week: Nike, Micron, Accenture, FedEx and Birkenstock Earnings preview of key companies reporting next week and what to look out for. Micron (MU) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures Beyond analysts' top -and-bottom-line estimates for Micron (MU), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended November 2024. Micron to Report Q1 Earnings: How to Play MU Stock Ahead of Results MU's Q1 performance is likely to have benefited from an improving demand-supply environment and strong demand for memory chips used for GPU-enabled AI servers. Micron Technology, Inc. (NASDAQ:MU) is favoured by institutional owners who hold 78% of the company Key Insights Institutions' substantial holdings in Micron Technology implies that they have significant influence over... USCD finalises $6.2bn subsidy for Micron Technology The new funding includes $4.6bn for New York and $1.5bn for Idaho to support semiconductor production. Trump FTC Pick Boosts M&A Hopes. Why Markets Should Expect Big Tech Barriers and 5 Other Things to Know Today. Federal judge blocks Kroger-Albertsons deal, Micron Technology awarded funding for chips factories, and more news to know today. 2 Artificial Intelligence (AI) Stocks That Are Screaming Buys in December Market researcher IDC forecasts that global AI-related spending could hit $337 billion next year and jump to a whopping $749 billion by 2028. As a result, technology companies selling AI-related hardware and software should ideally witness healthy growth in their businesses next year. Micron Technology may not have set the stock market on fire this year as shares of the chipmaker have gained 18% in 2024, losing momentum in the second half of the year despite posting solid results of late, but that's good news for investors looking to buy an AI stock at a reasonable valuation. Micron Lands $6 Billion in Federal Grants To Make Chips in US Deal would create 20,000 new jobs in Idaho and New York Micron Receives $6.2 Billion in Chips Act Funding The U.S. government will support Micron Technology America’s largest maker of memory chips. On Tuesday, the Biden administration announced the Commerce Department has awarded $6.165 billion to Micron via direct funding from the Chips and Science Act. Micron is a leader in the markets for DRAM, or dynamic random-access memory, which is used in desktop computers and servers, and for flash memory, which is found in smartphones and solid-state hard drives. U.S. Finalizes $6.1 Billion Investment in Micron Technology for Semiconductor Manufacturing At least 20,000 jobs are expected to be created by the end of the decade. Micron Technology Awarded $6B in CHIPS Funding The company expects the funding to support its plan to invest $125 billion in New York and Idaho. TSMC sales rose 34% in Nov., while Micron gets $6.1B chip subsidy Taiwan Semiconductor Manufacturing Company (TSM) saw its sales rise by 34% in the month of November alone, as revenue rose by $8.5 billion (converted to US dollars from the New Taiwan dollar). Simultaneously, fellow AI chipmaker Micron Technology (MU) secured a $6.1 billion subsidy from the US Department of Commerce for the build-out of semiconductor manufacturing plants within the US. Morning Brief hosts Seana Smith and Brad Smith take a look at these two chip stocks and how they are moving on these respective headlines in Tuesday's pre-market trading. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Micron Scores $6.1 Billion Boost: The Future of U.S. Chipmaking Is Here Massive government funding and a key licensing deal position Micron as a leader in memory chip innovation. Performance Overview Trailing total returns as of 12/13/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return MU S&P 500 YTD +20.46% +26.86% 1-Year +31.71% +30.31% 3-Year +22.08% +28.42%