Micron Slides After Memory-Chip Maker Delivers Weak Forecast

Bloomberg2021-09-29

(Bloomberg) -- Micron Technology Inc., the largest U.S. maker of memory chips, plunged in late trading after giving a lackluster forecast, a sign that booming demand for its computer and phone ...

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精彩评论

SilentWarrio
2021-09-30
SilentWarrio
Sliding more....sad...
koolgal
2021-09-29
koolgal
Micron is up against tough competitors like Samsung Electronics but the demand for memory chips will always be there. Micron to the moon 👍😊🚀🚀🚀🌛🌛🌛
- 滚股怪:
  Good
- koolgal:
  Thanks 👍😊
Deonc
2021-09-29
Deonc
Please like and comment
- Dcagency:
  Done
- Deonc:
  thanks
Investoro
2021-09-29
Investoro
Need to monitor zzz
小虎一飞冲天
2021-09-29
小虎一飞冲天
Like pls. Thanks.
CookieMon12
2021-09-29
CookieMon12
😔
- in8888:
  Oh oh...
- CookieMon12:
  Yea oh no

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That compares with an average analyst estimate of $8.57 billion, according to data compiled by Bloomberg. Excluding certain items, profit will be $2 to $2.10 a share, compared with a projection of $2.56.\nThe dimmer outlook suggests that slowing demand among personal-computer makers is taking a toll. The memory chip industry is known for its dramatic boom-and-bust cycles, which make earnings hard to predict. But Micron Chief Executive Officer Sanjay Mehrotra has argued that the wild swings between shortages and gluts have moderated because a wider variety of devices use the company’s chips now.\nThe stock fell as much as 7% to $67.99 in extended trading following the announcement. It had been down 2.8% this year, compared with a 19% advance by the Philadelphia Stock Exchange Semiconductor Index.\nEven before Tuesday’s news, Micron’s shares have lagged behind an overall run-up on chip stocks. 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The shift to working from home spurred the need for technology, and production has also been disrupted by new flare-ups of Covid-19, which has caused factory shutdowns in hubs such as Malaysia.\nMicron competes with South Korea’s Samsung Electronics Co.  and SK Hynix Inc., and Japan’s Kioxia Holdings Corp. in a memory-chip market that has consolidated over the past decade. Samsung dominates production of both major types of chips, making it the world’s second-largest overall chipmaker, behind Intel Corp. DRAM chips hold data temporarily, helping processors crunch data. 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Micron to the moon 👍😊🚀🚀🚀🌛🌛🌛","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/862592121","repostId":2171604569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6035171,"gmtCreate":1632894810178,"gmtModify":1634782631029,"authorId":4091089381144950,"author":{"id":4091089381144950,"idStr":"4091089381144950","authorId":4091089381144950,"name":"滚股怪","avatar":"https://static.tigerbbs.com/b67621b4133ca0db91bff9766152a448","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":862592121,"type":1,"supId":0,"prevId":0,"content":"Good","text":"Good","html":"Good"},{"id":6035542,"gmtCreate":1632899703926,"gmtModify":1632899703926,"authorId":3559581955535845,"author":{"id":3559581955535845,"idStr":"3559581955535845","authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":862592121,"type":1,"supId":6035171,"prevId":0,"content":"Thanks 👍😊","text":"Thanks 👍😊","html":"Thanks 👍😊"}],"langContent":"CN"},{"id":862507611,"gmtCreate":1632887265481,"gmtModify":1632887269235,"author":{"id":"3569316529855154","authorId":"3569316529855154","name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3569316529855154","authorIdStr":"3569316529855154"},"htmlText":"Please like and comment","listText":"Please like and comment","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/862507611","repostId":2171604569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6035003,"gmtCreate":1632893294552,"gmtModify":1634782645867,"authorId":3557142354281361,"author":{"id":3557142354281361,"idStr":"3557142354281361","authorId":3557142354281361,"name":"Dcagency","avatar":"https://static.tigerbbs.com/811d507c3458decd0eacd9028472dcf4","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":862507611,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"},{"id":6037138,"gmtCreate":1632914230674,"gmtModify":1634782503529,"authorId":3569316529855154,"author":{"id":3569316529855154,"idStr":"3569316529855154","authorId":3569316529855154,"name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":862507611,"type":1,"supId":6035003,"prevId":0,"content":"thanks","text":"thanks","html":"thanks"}],"langContent":"CN"},{"id":862271489,"gmtCreate":1632885750726,"gmtModify":1632892475080,"author":{"id":"4094120438063010","authorId":"4094120438063010","name":"Investoro","avatar":"https://static.tigerbbs.com/a97d6c6ec600046a0c37bf13019d3f98","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4094120438063010","authorIdStr":"4094120438063010"},"htmlText":"Need to monitor zzz","listText":"Need to monitor zzz","text":"Need to monitor zzz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/862271489","repostId":2171604569,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":862242397,"gmtCreate":1632885252186,"gmtModify":1632885253681,"author":{"id":"3582098623642517","authorId":"3582098623642517","name":"小虎一飞冲天","avatar":"https://static.tigerbbs.com/1a55a61195830e019abf5d3cc69681b9","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3582098623642517","authorIdStr":"3582098623642517"},"htmlText":"Like pls. Thanks.","listText":"Like pls. Thanks.","text":"Like pls. 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