{
Sanjay Mehrotra

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mark liu joins micron to enhance artificial intelligence initiatives

Mark Liu, the former chairman of TSMC, has joined Micron Technology's board to enhance its AI initiatives. Micron's CEO, Sanjay Mehrotra, emphasized Liu's extensive semiconductor expertise as vital for advancing AI in data centers and edge computing. Liu's career spans over 30 years at TSMC, where he played a key role in its growth and development of advanced fabrication facilities.
Tech in Asia
Micron Technology Inc. USA TWN Sanjay Mehrotra Mark Liu
Business & Industry, News Article
06:30 08.03.2025

dow ends losing streak as stocks react to fed rate cuts

Stocks opened strong but couldn't maintain gains after the Federal Reserve's hawkish rate cut, with the Dow Jones Industrial Average rising 0.04% to end its longest losing streak since 1974. GDP growth for Q3 was revised up to 3.1%, indicating robust domestic demand, while the 10-year Treasury yield climbed to 4.572%. Micron Technology's stock fell 16.2% after missing second-quarter guidance despite beating earnings estimates for Q1.
Kiplinger.com
United States Dollar Micron Technology, Inc. USA Steve Englander Matt Bryson Guy Berger Jerome Powell Ye Xie John Authers Sanjay Mehrotra Jonathan Millar Josh Brownhill Show more
Finance & Economy, Market Report
22:09 19.12.2024

market insights microns outlook falters as fed rate cuts impact stocks

Micron's stock plummeted over 11% after it reported strong earnings but lowered its outlook, particularly citing weak demand for NAND memory chips. The Federal Reserve's interest rate cuts are impacting homebuilders like Lennar, which reported earnings below expectations due to affordability issues. Meanwhile, the S&P 500 Short Range Oscillator indicates the market is oversold, and speculative sectors are under scrutiny as the Dow faces its worst losing streak since 1974.
CNBC
United States Dollar Nextracker Inc. Danaher Corporation Bank of America Corporation Micron Technology, Inc. Lennar Corporation Affirm Holdings, Inc. Bristol-Myers Squibb Company SoFi Technologies, Inc. USA Donald Trump Sanjay Mehrotra Show more
Finance & Economy, Market Report
14:59 19.12.2024

stocks decline as s and p 500 set to end winning streak

Stocks turned lower in late-morning trading, with the S&P 500 and Nasdaq Composite down 0.1% and 0.2%, respectively, while the Dow Jones Industrial Average remained flat. Broadcom's strong earnings initially boosted chip stocks, but major tech companies like Apple and Microsoft saw losses. As the market anticipates a Federal Reserve rate cut next week, the yield on 10-year Treasurys rose to 4.38%.
Investopedia
United States Dollar Microsoft Corporation Amazon.com, Inc. Arm Holdings plc Meta Platforms, Inc. Apple Inc. NVIDIA Corporation Tesla, Inc. Marvell Technology, Inc. Micron Technology, Inc. Alphabet Inc. Broadcom Inc. USA Mark Zuckerberg Satya Nadella Jensen Huang Sundar Pichai Simon Segars Sanjay Mehrotra Tim Cook Hock E. Tan Andy Jassy Elon Musk Show more
Finance & Economy, Market Report
14:22 13.12.2024
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