Micron Technology (MU) reported Q1 income of $13.64B (up 57% yr over yr) and non-GAAP EPS of $4.78 beating estimates by 21%. Looking forward, Micron set Q2 steering at $18.70B income and $8.42 EPS, pushed by sold-out HBM merchandise commanding premium pricing and 68% non-GAAP gross margins. Middle East geopolitical tensions and revenue taking are…
Sandisk (SNDK) introduced a $1 billion strategic fairness funding in Nanya Technology, a transfer aimed toward securing long-term reminiscence sourcing in a supply-constrained sector. Bulls view the funding as a sensible long-term enlargement play. Bears query whether or not the $1 billion capital outlay represents an overextension given the near-term stress on Sandisk inventory. Have…
Shutterstock · Shutterstock Vanguard Information Technology ETF (VGT) is barely budging regardless of software program shares struggling. VGT’s broad 400-plus holding construction throughout semiconductors, cloud infrastructure, and rising AI applied sciences has compounded at 626.5% over the previous decade. Have You learn The New Report Shaking Up Retirement Plans? Americans are answering three questions and…