The Latest Breaking News from Micron Technology Inc

Micron Technology Inc (NASDAQ: MU) is trading higher in Tuesday's after-hours session after the company reported better-than-expected financial results and issued third-quarter guidance above anlayst estimates.

The CEOs of Intel Corp (NASDAQ:INTC) and Micron Technology Inc (NASDAQ:MU) will testify on March 23 before the U.S. Senate, Reuters reports. The hearing would focus on vulnerabilities in semiconductor supply chains and the sector's connection with American competitiveness. The PACCAR Inc (NASDAQ:PCAR) chief will also testify at the hearing. The U.S. presently accounted for 12% of…

Piper Sandler analysts Weston Twigg and Harsh Kumar jointly noted that inSpectrum released its January monthly memory contract pricing data, which indicated DRAM 8Gb DDR4 fell 8% month-over-month and that NAND 256Gb TLC dropped 1% on a month-over-month basis.  The analysts, who monitor the three-month rolling average year-over-year change to better gauge trends,…

Micron Technology Inc's (NASDAQ:MU) short percent of float has risen 3.7% since last its last report. The company recently reported that it has 24.89 million shares sold short, which is 2.24% of all regular shares that are available for trading.

U.S. memory chip giant Micron Technology Inc (NASDAQ:MU) has confirmed it will close its DRAM design operations in Shanghai by 2022 end, SCMP reports. Micron looks to ask ~150 Chinese engineers to relocate to the U.S. or India. Micron, which employs about 43,000 people globally, did not provide a reason for the decision.…

Shares of companies in the semiconductor space, including NVIDIA Corp (NASDAQ: NVDA) and Micron Technology Inc (NASDAQ: MU), are trading higher Wednesday, rebounding from recent weakness amid a rise in