Databases are commonly used as dumb storage bins for CRUD application data. However, this doesn’t do them justice: database systems such as PostgreSQL are mu...
Wall Street's main indexes were set to open lower on Friday after the Trump administration's move to block semiconductor shipments to China's Huawei Technologies ratcheted up fears of trade hostilities between Washington and Beijing. In response, the Global Times editor-in-chief said China would activate the "unreliable entity list", restrict or investigate U.S. companies such as Qualcomm Inc, Cisco Systems Inc, Apple Inc and suspend the purchase of Boeing Co airplanes. The Global Times is published by the People's Daily, the official newspaper of China's ruling Communist Party.
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The investor does not like to own high-risk investments in his portfolio Continue reading...
What would you tell someone if they were to ask you, “Should I buy Micron (MU) right now?” For Rosenblatt's Hans Mosesmann the answer is quite clear — the 5-star analyst sees this stock as a flower that keeps blossoming. In fact, Mosesmann goes as far as to consider Micron “one of our top 3 picks for 2020.” Following a chat with Micron's MBU (mobile business unit) manager, Mosesmann cites some key takeaways which have only added to his bullish sentiment: * As 5G networks become more prevalent around the world, 5G phones will bring significant advances in performance (20x faster downloads), latency (10x lower), and density (10x more devices per kilometer), all driven by Micron tech. * With the 5G cycle taking its first steps, Micron projects sales of 5G phone units for 2021 to hit roughly 450 million and expand over the next few years. Accordingly, the company expects 5G 2020 bit growth for DRAM (memory) to hit 15% and NAND (storage) to increase by 30%. * Because of 5G backups from 4G phones, new game apps, and their ability to process hi-resolution content DRAM and NAND requirements will increase between 33% and 100% in 5G when compared to 4G.All of which leads Mosesmann to argue Micron is “leading the industry in key categories, and the MBU business is now cross-cycle profitable.” In summary, the analyst noted, “At a high level, Micron is making the case that even in one of the worst market segments to get hit by COVID-19 dynamics, 5G phone memory/storage content will grow meaningfully in 2020 and drive bit demand.”To this end, Mosesmann reiterates a Buy rating on Micron shares, with a $100 price target target in mind. Investors can expect upside of a massive 102%, should the analyst’s thesis play out over the coming months. (To watch Mosesmann’s track record, click here)As for the rest of the Street, the bulls have it. Micron's Moderate Buy consensus rating breaks down into 19 Buy ratings, 5 Holds and single Sell received in the last three months. The $62.66 average price target suggests shares could surge ~27% in the next year. (See Micron stock analysis on TipRanks)To find good ideas for tech stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
Micron is struggling on Friday with many other chip stocks. Here's how to trade the stock as it churns below key resistance.
For the quarter ending Thursday, Micron estimates revenue at $5.2 billion to $5.4 billion, up from the prior forecast of $4.6 billion to $5.2 billion.
BOISE, Idaho, May 18, 2020 -- Micron Technology, Inc. (Nasdaq: MU), today announced that Senior Vice President and General Manager of Micron’s Mobile Business Unit Raj Talluri.
Nvidia reports April-quarter financial results after the close of trading on Thursday, and expectations are growing for a strong quarter—and solid guidance.
Water splitting with an internal quantum efficiency of almost unity is achieved using a modified semiconductor photocatalyst that selectively promotes the hydrogen and oxygen evolution reactions on separate crystal facets.
Micron (MU) closed at $45.12 in the latest trading session, marking a -1.74% move from the prior day.
Firm's largest buys of the 1st quarter Continue reading...
Point72 ups stake in Micron, invests in AbbVie Continue reading...
Author Correction: The wide-binary origin of (2014) MU<sub>69</sub>-like Kuiper belt contact binaries
Mesh routing systems continue to gain traction, and though it lacks Wi-Fi 6, the Synology MR2200ac is a great mesh system when combined with the Synology RT2600ac for both the novice or the advanced user.
Me, myself, bye: regional alterations in glutamate and the experience of ego dissolution with psilocybin
TL;DR: TP-Link and eero mesh WiFi systems are on sale at Best Buy — save up to $100. Home improvement has been a major theme of this time at home for many of us (that is, the ones lucky enough to have the time, or even to be at home). And that can include fi…
Shares of Micron Technology Inc. spiked up 3.7% in afternoon trading Wednesday, after the memory chip maker raised its profit and revenue outlook for the fiscal third-quarter. The company disclosed that it now expects adjusted earnings per share of 75 cents to 80 cents, above the FactSet consensus of 56 cents, and revenue of $5.2 billion to $5.4 billion, which is above expectations of $4.93 billion. When the company reported fiscal second-quarter results on March 25, the company said it expected adjusted EPS of 55 cents, plus or minus 15 cents, and revenue of $4.6 billion to $5.2 billion. Just before the raised outlook, the stock was trading down 2.6%. It has now lost 6.0% over the past three months, while the PHLX Semiconductor Index has climbed 9.3% and the S&P 500 has advanced 1.1%.
The Asus Blue Cave AC2600 dual-band wireless router is down to $74.99 refurbished at Newegg. This deal is part of Newegg's Shell Shocker deals and is a very temporary price. The Asus Blue Cave can be found for around $130 new, but it actually sells for as muc…
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
TP-Link's Archer AX6000 is a chunky Wi-Fi 6 router packed with features and ports. Is it worth the relatively high price? Wi-Fi 6, also known as the 802.11ax standard, is set to take over from Wi-Fi 5 (802.11ac). It's already found in many modern devices, …
The reemergence of the US-China trade tussle could be bad news for several US companies.Chipmakers are particularly dependent on a good working relationship, deriving a large chunk of business from China. Micron (MU) is no different. In fact, before Chinese tech giant Huawei was added to the US Entity List, it accounted for 13% of sales, now the figure lands at just under 10%. With this in mind, a new US Commerce Department directive to halt the shipment of US semiconductors to Huawei could possibly add more fuel to the fire. However, following a virtual fireside chat with Micron's Director of Investor Relations, Needham analyst Rajvindra Gill reports “the current sanctions against Huawei won't materially impact its current relationship with the company.” The 5-star analyst further added, “Regardless of the changes, we believe Micron will still have the ability to qualify and ship new memory products to Huawei as well provide warranty support and sell products from its manufacturing plant in the U.S. (albeit very small portion)… Separately, we believe management is taking a cautious approach for the C2H20 as visibility into key end markets, such as mobile, consumer and data center remain limited.” That said, despite the uncertainty, Gill believes there are enough tailwinds working in Micron’s favor. First of all, with the company on track to move a considerable amount of its NAND capacity to second-generation Replacement Gate, NAND gross margins should inflect and recover in FY21, which begins November 2020. Elsewhere, considering the current “semi-permanent nature of the stay-at-home economy,” hyperscaler, server and graphics demand trends remain healthy with no signs of deceleration. Additionally, Gill argues earnings volatility is likely to reduce as Micron’s current inventory situation is better than it was a year ago. Lastly, and importantly, Gil maintains that Micron is undervalued. “Net, the shares are trading at approximately 1.4x its current tangible book value, still well below its median 1.7x-2x multiple range, making the shares relatively inexpensive at current levels,” he stated. Accordingly, Gill keeps a Buy rating on Micron shares and attaches a $63 price target. What can investors expect should Gill’s model materialize? Upside of 35%. (To watch Gill’s track record, click here) Looking at the consensus breakdown, Micron has a Moderate Buy consensus rating, based on 19 Buys, 5 Holds and 1 Sell. The analysts see share price appreciation ahead, as the average price target of $62.53, implies upside potential of 34%. (See Micron price targets and analyst ratings on TipRanks)
Best Buy has a 3-pack of the black Linksys Velop tri-band mesh networking Wi-Fi system on sale for $279.99 today. As part of the Deals of the Day, this is a very temporary price. The 2-pack version of this system sells for $300 at most retailers, including B&…
Futures contracts for the S&P 500 were largely flat on Thursday as investors weighed hopes of an economic recovery against underlying tensions between the United States and China. Chipmakers, which are sensitive to China's growth, were under pressure, with Intel Corp and Advanced Micro Devices Inc dropping about 1% each in premarket trade. President Donald Trump has promised action over China's new national security legislation for Hong Kong by the end of the week.
Water splitting with an internal quantum efficiency of almost unity is achieved using a modified semiconductor photocatalyst that selectively promotes the hydrogen and oxygen evolution reactions on separate crystal facets.
Best Buy has Netgear's Orbi mesh Wi-Fi system on sale for just $249.99 today only. The discounted set includes one router and two satellites that give you a wide-reaching Wi-Fi signal through your whole home. You'd regularly pay over $300 for the 3-piece syst…
Yemen has reported its first two deaths from the novel coronavirus, its health minister told Yemen TV late on Wednesday. Yemeni authorities also reported mu...
Text-to-speech systems across the industry typically rely on GPUs or specialized hardware to generate state-of-the-art speech in real-time production. We...
In 2017, Sanjay Mehrotra was appointed CEO of Micron Technology, Inc. (NASDAQ:MU). This analysis aims first to...
The Investor Relations website contains information about Micron Technology 's business for stockholders, potential investors, and financial analysts.
BOISE, Idaho, May 27, 2020 -- Micron Technology, Inc. (Nasdaq: MU), announced today that it will hold its fiscal third quarter earnings conference call on Monday, June 29,.
Micron Technology stock spiked Wednesday after the memory chip company raised its outlook for the quarter ending May 28, citing strong pricing trends for both NAND and DRAM memory chips and improved supply chain conditions.
Along with memory-chip usage in data centers, a 5G-related jump in phone sales and memory content are the main reasons behind Micron’s Buy rating at Needham & Co., which sees 40% upside for the stock (ticker: MU). Top-of-the line 5G phones will have fast-working DRAM memory and NAND long-term storage chips that rival those of some desktop computers. Talking to analysts just before the holiday weekend, Micron said it expects that fast 5G wireless networks will drive an upgrade cycle among handset users.
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U.S. stock index futures slipped on Friday after the Trump administration moved to block shipments of semiconductors to China's Huawei Technologies from global chipmakers, a move that could ramp up trade tensions between Washington and Beijing. This comes after President Donald Trump on Thursday signaled a further deterioration of his relationship with China over the virus outbreak, going so far as to suggest he could even cut ties with the world's second largest economy. Trade-sensitive chipmakers Qualcomm Inc, Micron Technology Inc and Texas Instruments Inc fell between 2.7% and 3.1% premarket.
(Bloomberg) -- Since its founding more than three decades ago, Taiwan Semiconductor Manufacturing Co. has built its business by working behind the scenes to make customers like Apple Inc. and Qualcomm Inc. shine. Now the low-profile chipmaker has landed squarely in the middle of the U.S.-China trade war, an incalculably valuable asset that both sides are vying to control.The Trump administration opened up a new front in the conflict on Friday by barring any chipmaker using American equipment from supplying China’s Huawei Technologies Co. without U.S. government approval. That means TSMC and rivals will have to cut off Huawei unless they get waivers from the U.S. Commerce Dept. TSMC has already stopped accepting new orders from Huawei, the Nikkei newspaper reported Monday.The move threatens to wreak havoc throughout the complex ecosystem that produces technology for consumers and companies around the world. An attack on Huawei threatens not just its workers and its standing as a world leader in making smartphones and telecom equipment, but also hundreds of suppliers. The Chinese government has vowed to protect its national champion, with threats of retribution against U.S. companies that depend on China like Apple Inc. and Boeing Co.“China likely will retaliate, and investors should brace themselves for a possible trade war escalation,” Sanford C. Bernstein & Co. analysts led by Mark Li wrote in a research note on Friday.Read more: U.S. Tightens Rules to Crack Down on Huawei’s Chip Supply Huawei suppliers across Asia fell on Monday, with AAC Technologies Holdings Inc., Q Technology Group Co., Sunwoda Electronic and Lens Technology all sliding 5% or more. TSMC, which gets an estimated 14% of its revenue from Huawei, dropped as much as 2.5%.The U.S. already blacklisted Huawei last year, preventing American companies from supplying the Chinese company unless they got a license. The latest move tightens those restrictions to prevent chipmakers -- American or foreign -- from working with Huawei and its secretive chip-design unit HiSilicon on the cutting-edge semiconductors they need to make smartphones and communications equipment. The Trump administration sees Huawei as a dire security threat, an allegation the company denies.“We must amend our rules exploited by Huawei and HiSilicon and prevent U.S. technologies from enabling malign activities contrary to U.S. national security and foreign policy interests,” Commerce Secretary Wilbur Ross said in a tweet.Huawei countered by accusing the U.S. of ulterior motives.“The so-called cybersecurity reasons are merely an excuse,” Richard Yu, head of the Chinese tech giant’s consumer electronics unit wrote in a post to his account on messaging app WeChat. “The key is the threat to the technology hegemony of the U.S” posed by Huawei, he added.The U.S. decision is likely to hurt not just Huawei and TSMC, but also a clutch of American players including gear-makers Applied Materials Inc., KLA and Lam Research Corp. themselves, Morgan Stanley analysts wrote. Disruptions to Huawei’s production will also hurt U.S. customers from Micron Technology Inc. and Qorvo Inc. to Texas Instruments Inc., they said. But “it bears repeating that any escalation of trade tensions is negative for the stocks overall,” they wrote in a research report.It would have been impossible to imagine TSMC becoming such a coveted chit between the world’s great powers when it was founded in 1987. Morris Chang, born in China and trained in the U.S., started the company as a so-called foundry, manufacturing semiconductors for any customer that didn’t want to construct its own fabrication facility, or fab.At the time, the business wasn’t nearly as glamorous as making chips yourself. Dominating the industry at the time were companies like Intel Corp. and Advanced Micro Devices Inc., which made processors for personal computers. “Real men have fabs,” AMD co-founder Jerry Sanders would say, making clear that was an insult.But in the intervening years, the foundry industry has become far more strategic for the technology industry. Customers from Apple and Huawei to Qualcomm and Nvidia Corp. have found they can innovate more quickly if they focus on chip designs and then turn to foundries like TSMC to produce them. Innovators in emerging technologies like artificial intelligence or the internet of things also depend on foundries to crack open new markets.Today, many of the chips for mobile phones, autonomous vehicles, artificial intelligence and any other key technology are made at foundries. TSMC has become the leading foundry in the world by investing heavily in ever more advanced fabs, with annual capital spending of about $16 billion this year.It can now manufacture at 5 nanometers, about twice the width of human DNA, while China’s top foundry, Semiconductor Manufacturing International Corp., or SMIC, is at 14 nanometers. That makes TSMC’s chips far more powerful and energy efficient.Huawei and HiSilicon will have few good options if they are cut off from TSMC. One possibility is to procure off-the-shelf chips from Taiwan’s MediaTek Inc. and South Korea’s Samsung Electronics Co., an option Huawei’s rotating Chairman Eric Xu mentioned in late March. But even that may no longer be viable under the new Commerce restrictions.SMIC itself is keen on moving up the technology ladder, eyeing a secondary share listing that could raise more than $3 billion on top of a large capital infusion from the state.Read more: China Injects $2.2 Billion Into Local Chip Firm Amid U.S. CurbsBut that’s a longer-term endeavor and Huawei’s products meanwhile are likely to suffer, putting them at risk of falling behind those of rivals like Apple or Xiaomi Corp.For TSMC, it’s growing ever more difficult to remain neutral amid the growing tensions between the U.S. and China. The company brands itself “everybody’s foundry,” effectively the Switzerland of the tech industry. It supplies Chinese customers like Huawei and the American military, while relying on U.S. producers of semiconductor-making equipment like Applied Materials and Lam Research.TSMC did take one step closer to the U.S. last week, saying it would build a $12 billion chip plant in Arizona. The Department of Defense has expressed concern that overseas fabs may be vulnerable to cyberattacks and domestic manufacturing would assure a more reliable supply of chips.The proposal appears to be carefully calculated to address such security issues without too much damage to profits or its political balancing act. Suppliers to the military, such as Xilinx Inc., would be able to use the U.S. fab, but the facility would likely account for less than 5% of revenue so margins won’t be compromised.It’s not clear if the plans for a U.S. plant will win TSMC leniency in supplying Huawei, however.“TSMC will not be granted or granted a license based on their intent to build a 5 nanometer fab here in the United States. That’s not part of it at all,” Keith Krach, undersecretary for economic growth, energy and the environment at the State Department, told reporters on a call. “There’s no assurance on that and we don’t anticipate that.”Meanwhile, China appears to be preparing to retaliate for the new restrictions on Huawei. On Friday, the Global Times -- a Chinese tabloid run by the flagship newspaper of the Communist Party -- reported Beijing was ready to initiate countermeasures, including imposing restrictions on Apple, suspending the purchase of Boeing airplanes and putting U.S. companies on an ‘unreliable entity list.’The list will cover “foreign entities that cause actual or potential damage to Chinese companies and industries,” the newspaper said.(Updates with Nikkei report in second paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Best Buy has Netgear's Orbi mesh Wi-Fi system on sale for just $249.99 today only. The discounted set includes one router and two satellites that give you a wide-reaching Wi-Fi signal through your whole home. You'd regularly pay over $300 for the 3-piece syst…