Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Micron Technology, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about the demand for its products, particularly in the consumer market for NAND products [1][2]. Group 1 - The class period for the allegations is from September 28, 2023, to December 18, 2024 [1]. - Allegations include that demand for Micron's products, especially NAND products, significantly deteriorated, and the company overstated the recovery and sustainability of this demand [1]. - The lawsuit claims that Micron's public statements were materially false and misleading throughout the relevant period [1]. Group 2 - Shareholders are encouraged to register for the class action by March 10, 2025, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. Group 3 - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].

Company Overview - Invest Heroes LLC is a CIS-based research firm established in 2018, providing equity and fixed income research services that have gained local recognition among professional investors and private clients [1] - The firm covers over 120 Russian, US, and Chinese stocks, as well as more than 200 Russian bonds, including corporate and state-owned enterprises [1] - The research services are offered as a paid service to institutional clients, asset managers, and approximately 3000 private clients [1] Team and Recognition - The team consists of 2 strategists and 9 analysts specializing in equity and fixed income markets, achieving global professional recognition [1] - Within the first three years, the firm gained entry into Refinitiv and Factset, participated in Refinitiv consensus, and became recognized as the best analysts in the Refinitiv rating for several Russian companies [1] - The firm is in the process of signing with S&P Market Intelligence, indicating further growth and recognition in the industry [1] Research Methodology - The forecasts provided by the firm are often ahead of the market due to a detailed business model built for each company [1]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Micron Technology, Inc. common stock during the specified Class Period of the upcoming lead plaintiff deadline on March 10, 2025 [1] Group 1: Class Action Details - Investors who bought Micron common stock between September 28, 2023, and December 18, 2024, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by March 10, 2025 [3] - Investors are encouraged to select qualified legal counsel with a successful track record in securities class actions [4] Group 2: Case Allegations - The lawsuit alleges that Micron's management made false and misleading statements regarding the demand for its products, particularly NAND products, which are essential for high-capacity storage [5] - It is claimed that the defendants overstated the recovery and sustainability of demand for Micron's products, leading to materially false public statements [5] - The lawsuit asserts that when the true details became known, investors suffered damages due to the misleading information [5]

Stock Performance and Analyst Sentiment - Micron Technology shares have gained 30% in 2025, outperforming the PHLX Semiconductor Sector index's 8% gain [1] - The stock has a 12-month median price target of $145, representing a potential upside of 32% from recent levels [1] - 83% of analysts covering the stock recommend buying it [1] AI-Driven Memory Demand - AI-driven memory demand is expected to be a major growth driver for Micron [3] - The company's PC business is expected to improve significantly in the second half of 2025 due to the advent of AI-enabled PCs [6] - Entry-level AI PCs will have at least 16GB of DRAM, while more advanced models will have over 24GB, a significant increase from the 12GB average in 2024 [7] - Gartner expects AI PC shipments to jump 165% in 2025 to 114 million units [7] Financial Performance and Guidance - Micron's fiscal 2025 Q1 revenue increased 84% year-over-year to $8.7 billion [11] - The company posted an adjusted profit of $1.79 per share in Q1 2025, compared to a loss of $0.95 per share in the same quarter last year [11] - Q2 2025 revenue guidance of $7.7 billion to $8.1 billion missed the consensus estimate of $8.97 billion [4] - Q2 2025 EPS guidance of $1.33 to $1.53 was lower than the Wall Street estimate of $1.77 [4] - Despite the guidance miss, Q2 2025 revenue guidance still represents a 36% year-over-year increase [12] HBM Market and Data Center Growth - Micron's high-bandwidth memory (HBM) chips have been selected by Nvidia for its Blackwell AI GPUs and consumer-grade graphics cards [9] - The company has started volume shipments of HBM to a second customer and expects to begin shipments to a third customer in Q1 2025 [10] - The HBM market is expected to generate $30 billion in revenue in 2025, up from $16 billion in 2024, with a projected $100 billion market by 2030 [10] - Data center revenue increased 400% year-over-year in fiscal Q1 2025 [8] Valuation and Growth Prospects - Micron is trading at 30 times trailing earnings, with a forward earnings multiple of 14 [13] - Analysts expect earnings to jump 584% in the current fiscal year, followed by a 44% increase in the next fiscal year [13] - The company's attractive valuation and rapid growth make it a solid buy despite its recent run-up [12][13]

Company Performance - Micron's stock closed at $103.19, reflecting a -1.57% change from the previous day, underperforming the S&P 500, which fell by 0.29% [1] - Over the past month, Micron's stock has increased by 16.72%, contributing to a 1.8% gain in the Computer and Technology sector and a 2.52% gain in the S&P 500 [1] Upcoming Earnings - Micron is expected to report an EPS of $1.43, representing a significant increase of 240.48% year-over-year [2] - The consensus estimate for quarterly revenue is $7.9 billion, which is a 35.6% increase compared to the same period last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $6.90 per share, indicating a 430.77% increase from the prior year, with revenue expected to reach $35.31 billion, a 40.63% increase [3] - Recent changes in analyst estimates for Micron suggest a positive outlook on the company's business performance and profit potential [3] Valuation Metrics - Micron is currently trading at a Forward P/E ratio of 15.2, which is lower than the industry average of 18.24, indicating that Micron is trading at a discount [6] - The Computer - Integrated Systems industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 171, placing it in the bottom 32% of over 250 industries [6] Analyst Ratings - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Micron as 3 (Hold) [5] - There has been a 0.59% increase in the Zacks Consensus EPS estimate over the past month, reflecting analysts' confidence in Micron's performance [5]

SK Hynix continues to see strong demand for HBM solutions thanks to AI accelerators.In today's video, I discuss the recent updates impacting Nvidia (NVDA -1.45%) and Micron Technology (MU -1.14%)after SK Hynix reported earnings. To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of Jan. 22, 2025. The video was published on Jan. 22, 2025. ...

Shares of Micron Technology (MU) were slipping Thursday. The firm's stock is down 2.9% as of 1:25 p.m. ET, but lost as much as 5.4% earlier in the day. The move down comes as the S&P 500 (^GSPC) gained 0.3% and the Nasdaq Composite (^IXIC) fell 0.1%.Despite news of a new artificial intelligence (AI) initiative from the Trump administration, Micron shares were hurt by its rivals' recent earnings report.Losing memoryMicron is a semiconductor firm specializing in memory, supplying Nvidia with the high-bandwidt ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Micron To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Micron between September 23, 2023 and December 18, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, Jan. 23, 2025 /PRNewswire/ -- Faruqi & Far ...

SAN DIEGO, Jan. 23, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Micron Technology, Inc. (NASDAQ: MU) common stock between September 28, 2023 and December 18, 2024, both dates inclusive (the "Class Period"), have until March 10, 2025 to seek appointment as lead plaintiff of the Micron class action lawsuit. Captioned Klein v. Micron Technology, Inc., No. 25-cv-80040 (S.D. Fla.), the Micron class action lawsuit charges Micron as well as certain of Micron's to ...

Micron seems well positioned to ride several AI tailwinds in 2025.Artificial intelligence (AI) has been one of the hottest investment themes on Wall Street in 2024. Although the euphoria surrounding AI seems to have lessened by now, the allure of high-quality and fundamentally strong AI-powered stocks is still strong -- on the back of strong demand for AI solutions across industries and functions. With AI technologies increasingly becoming a critical component of the current technology infrastructure, inves ...