{ }
Symbol MU
Name Micron Technology, Inc.
Currency USD
Sector Information Technology
IndustryGroup Semiconductors & Semiconductor Equipment
Industry Semiconductors & Semiconductor Equipment
Market NASDAQ Global Select
Country United States
State ID
City Boise
Zipcode 83716-9632
Website http://www.micron.com
The global artificial intelligence in healthcare market is projected to grow from US$ 13,248.65 million in 2022 to US$ 187,704.75 million by 2031, achieving a CAGR of 41.1% from 2024 to 2031. Key players include Intel, Microsoft, and Philips, focusing on innovations in diagnostics and patient care. The report provides a comprehensive analysis of market trends, regional insights, and competitive strategies shaping the industry.
Nvidia shares fell 3.21% in premarket trading after the company reported third-quarter earnings that, despite beating expectations with $35.08 billion in revenue (up 94% year-on-year), indicated a slowdown in growth compared to previous quarters. This decline affected other chipmakers, with Intel, Qualcomm, and AMD also experiencing losses. Analysts remain optimistic about Nvidia's future, particularly with the anticipated launch of its next-generation chip, Blackwell, amid strong demand.
The U.S. Commerce Department has finalized a $6.6 billion subsidy for Taiwan Semiconductor Manufacturing Co. (TSMC) to boost semiconductor production in Phoenix, Arizona, marking a significant step under the $52.7 billion Chips and Science Act. TSMC plans to invest an additional $25 billion, expanding its total investment to $65 billion, and will produce advanced 2 nanometer technology by 2028. The agreement includes provisions for profit sharing with the U.S. government and a commitment to halt stock buybacks for five years.
On November 13, 2024, major analyst calls were made regarding several prominent companies, including Apple, Micron, Tesla, Instacart, Spotify, Netflix, Cava, and Target. These insights are crucial for investors and market watchers looking to navigate the current economic landscape.
U.S. markets retreated after a week of postelection gains, with the S&P 500 down 0.29% and the Dow Jones Industrial Average falling 0.86%. While some stocks, like Tesla, continue to rise, early winners from the "Trump trade" are losing momentum, reflecting a potential shift in investor sentiment as economic data looms. Bitcoin briefly reached $90,000 but retreated to around $87,942.05, while Netflix's ad-supported tier gained 70 million users globally.
Kamala Harris criticized House Speaker Mike Johnson for advocating the repeal of a $280 billion semiconductor funding package aimed at enhancing research and domestic manufacturing. This dispute intensifies the rivalry between Harris and Donald Trump as they target blue-collar voters ahead of the election. Johnson's comments came during a campaign event in a New York district set to receive significant investment from Micron Technology Inc.
House Speaker Mike Johnson suggested that Republicans might seek to repeal the CHIPS and Science Act, which has been credited with significant investments and job creation in the semiconductor industry. He quickly retracted this statement, indicating a desire to streamline the legislation instead. The comments drew sharp criticism from Democrats, who warned that such actions could jeopardize thousands of jobs and economic growth, particularly in regions reliant on manufacturing.
The Philadelphia Semiconductor Index (SOX), valued at $7500 billion, is heavily reliant on Nvidia, which accounts for 47% of the index's market cap at $3520 billion. Recent performance has been weak, and a potential correction in Nvidia could significantly impact the SOX index, indicating a fragile market position.
IG
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.