About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

The primary goal of the Cash Flow Kingdom Income Portfolio is to produce an overall yield in the 7-10% range. We accomplish this by combining several different income streams to form an attractive, steady portfolio payout. The portfolio's price can fluctuate, but the income stream remains consistent. Start your free two-week trial today!Micron Technology, Inc. (NASDAQ: MU ) reported its most recent quarterly earnings results on Wednesday afternoon. While the numbers for the past quarter were far from bad, M ...

Key TakeawaysMicron shares traded sharply lower in extended trading on Wednesday after the memory chip maker and Nvidia partner issued a weaker-than-expected current-quarter outlook. The stock looks set to stage a decisive breakdown below a trading range on Thursday, increasing the potential for further earnings-driven selling. Investors should monitor key price levels on Micron's chart around $85, $78, and $72, while also watching an important overhead area near $97. Micron Technology (MU) shares traded sh ...

Financial Data and Key Metrics - Gross margin declined by 100 basis points in Q2, primarily due to NAND-related challenges, including pricing and lower shipments [8] - DRAM pricing is expected to improve sequentially in Q2, driven by positive mix impacts, HVM, and server DRAM, partially offset by weak commodity pricing [8] - Data center revenue remains robust, with a 40% sequential growth in F Q1 and over 50% of total revenue now coming from the data center segment [34] Business Line Data and Key Metrics - Data center SSD business has seen significant growth, with market share increasing from 3-5% in 2021 to 10-12% by the end of last year, and further to 14% in Q3 [14] - The company expects a restart of bit shipment growth for data center SSD in F Q3, driven by strong data center CapEx from end customers [17] - HBM growth continues on a strong trajectory, with the company expecting to reach its natural bit share in the second half of calendar 2025 [113] Market Data and Key Metrics - The company anticipates a delay in the PC refresh cycle, with flat year-over-year PC shipment forecasts for calendar 2024 [40] - Inventories are expected to improve by spring, with a resumption of shipment growth in both DRAM and NAND starting in F Q3 [45] - DRAM supply remains tight, with HBM continuing to pressure non-HBM availability [47] Company Strategy and Industry Competition - The company is focusing on high-margin products like HBM, high-capacity DIMMs, and LPDRAM, which are expected to support margin expansion beyond Q3 [25] - Micron is the pioneering memory supplier for LP in the data center, with significant innovations in reliability, availability, and serviceability for data center environments [30] - The company is reducing NAND wafer starts to align supply with demand, while maintaining DRAM bit growth in line with industry demand [66] Management Commentary on Operating Environment and Future Outlook - Management highlighted near-term challenges, including seasonality and NAND-related issues, but remains optimistic about the long-term growth trajectory of the data center segment [11] - The company expects a strong ramp in HBM revenue, with a $30 billion-plus TAM for calendar 2025, and is working to increase capacity to meet demand [112] - The delay in the PC refresh cycle is seen as temporary, with a recovery expected in 2025, driven by higher memory content in PCs [40] Other Important Information - The company is investing heavily in HBM-related CapEx, which is the largest portion of its capital expenditure for the fiscal year [60] - DRAM inventories are expected to be below target levels by the end of the fiscal year, while NAND inventories will improve sequentially through the year [27] Q&A Session Summary Question: What is driving the decline in gross margin in Q2? - The decline is primarily due to NAND-related challenges, including pricing and lower shipments, with DRAM pricing expected to improve sequentially [8][9] Question: What is the outlook for data center SSD growth? - The company expects a restart of bit shipment growth in F Q3, driven by strong data center CapEx from end customers [17] Question: How is the company managing NAND supply? - The company is reducing NAND wafer starts to align supply with demand, while maintaining DRAM bit growth in line with industry demand [66] Question: What is the outlook for HBM growth? - The company expects a strong ramp in HBM revenue, with a $30 billion-plus TAM for calendar 2025, and is working to increase capacity to meet demand [112] Question: How is the company addressing inventory levels? - Inventories are expected to improve by spring, with a resumption of shipment growth in both DRAM and NAND starting in F Q3 [45]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 28, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-10658 Micron Technology, Inc. (Exact name of registrant as specified in its charter) Delaware 75-1618004 (State or other jurisd ...

Financial results FQ1 2025 micron Safe harbor statement During the course of this meeting, we may make projections or other forward-looking statements regarding market demand and supply, market and pricing trends and drivers, the impact of technologies such as AI, cost reductions, expected product volume production, our market position, expected product announcements, capabilities of our future products, future events or the future financial performance or expected financial projections of the company and t ...

After peaking mid-summer around $150, shares of Micron Technology, Inc. (NASDAQ: MU ) have had a whiplash over the past two quarters, largely missing out on the post-election rally. The memory supplier just postedWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha ...

Micron (MU) came out with quarterly earnings of $1.79 per share, beating the Zacks Consensus Estimate of $1.75 per share. This compares to loss of $0.95 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.29%. A quarter ago, it was expected that this chipmaker would post earnings of $1.10 per share when it actually produced earnings of $1.18, delivering a surprise of 7.27%.Over the last four quarters, the company has surpassed c ...

Group 1 - Micron Technology, Inc. reported fiscal Q1 earnings amidst concerns of potential oversupply in DRAM and NAND markets despite strong growth in AI applications [1] - The company is facing fears that the memory market may be approaching oversupply territory, which could impact future earnings [1] Group 2 - The article emphasizes the importance of conducting due diligence before making investment decisions, highlighting that past performance does not guarantee future results [2]

Sanjay Mehrotra, CEO of Micron Technology Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 26, 2024.Micron shares plunged 13% in extended trading on Wednesday after the chipmaker issued weak second-quarter guidance despite an earnings beat for the latest period. Here's how the company did compared to analysts' expectations surveyed by LSEG:Earnings per share: $1.79, adjusted vs. $1.75 expectedRevenue: $8.71 billion vs. $8.71 billion ...