Micron Technology Inc. closed 40.28% short of its 52-week high of $157.54, which the company achieved on June 18th.
Sees Q3 gross margins lower by a few hundred bps sequentially, primarily due to higher mix of consumer-oriented mix in fiscal Q3, lower ...
Micron (MU) previously forecast EPS $1.43 +/- 10c and revenue $7.9B +/- $200M. Current consensus is $1.44 for EPS and $7.93B for revenue.
Micron CFO Mark Murphy mentioned various factors that could weigh on margins for next quarter, but he also said that period should mark the low point.
Micron Technology (NASDAQ: NASDAQ:MU) shares tumbled 5.4% after the company's Chief Financial Officer, Mark Murphy, spoke at the Wolfe Research Auto, Auto Tech, and Semiconductor Conference Fireside ...
According to a research report, "Semiconductor Industry Outlook, by Component (Sensors, Discrete, Optoelectronics, Integrated Circuit (Analog ...
The maker of computer memory said industry conditions are expected to hurt gross margins in the third quarter.