March 28, 2019
Comments Off on Micron quarterly earnings drop. Next quarter’s worse.
As expected, Micron’s second-quarter earnings showed a drop in earnings from previous performances, which had been on a fairly steady climb since 2016, though slightly better than predicted. But next quarter isn’t good. Jim Handy, a veteran Micron analyst and ...
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January 23, 2019
Comments Off on Micron to buy out Intel plant in Lehi, Utah
The other shoe dropped earlier this month when Micron announced it was acquiring the assets of an Intel partnership that ended in October for $1.5 billion. The Boise company said it would purchase Intel’s interest in the parties’ joint venture, ...
Tagged with: intel jim handy micron
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December 4, 2018
Comments Off on Micron announces lowered expectations
For the first quarter of 2019, which ended Nov. 30, Micron said it expects its revenue to be on the low end of its previously announced guidance range of $7.9 billion to $8.3 billion. In addition, the company said it ...
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November 2, 2018
Comments Off on Federal government gets involved in ongoing Micron-China case
A recent federal indictment against three employees of two Chinese companies, alleging that they stole intellectual property from Boise chip manufacturer Micron, is another in a series of ongoing espionage claims and counterclaims between the two countries. “It’s not too ...
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October 18, 2018
Comments Off on What’s in store for Micron’s next 40 years?
Micron Technology, the grande dame of Idaho’s technology industry, is celebrating the 40th anniversary of its founding this week, and, by all accounts, appears to be ready to stay in Idaho for at least another 40 years. The Boise-based company ...
Tagged with: jim handy karen metz micron steve appleton
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July 11, 2018
Comments Off on Micron served with Chinese DRAM injunction
Micron said it has received a preliminary injunction regarding computer chips it sells in China, but said it should not affect its earnings much. The preliminary injunction enjoins the company’s Chinese subsidiaries from manufacturing, selling, or importing certain Crucial and Ballistix-branded ...
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June 27, 2018
Comments Off on Micron results are good news for Boise
To no one’s surprise, Micron Technology issued barnburning results on June 20. Total revenue was $7.8 billion, up 6 percent from the previous quarter and 40 percent from the prior year. Non-GAAP gross margins expanded to a record 61 percent, ...
Tagged with: alex labeau iaci jim handy micron
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May 23, 2018
Comments Off on Micron raises quarterly expectations, announces stock buyback
Micron stock has been going up since the company made a three-pronged announcement on May 21 that it was raising its quarterly earnings expectations, making some deals with computer hardware vendor Intel, and initiating a $10 billion stock buyback program. ...
Tagged with: jim handy micron sanjay mehrotra
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