Micron Following NVidia Guides Lower Again on Weakness from China, Smartphones and PCs

Memory chip maker Micron closed down at 59.15 ▼ 2.30 (-3.74%) after it warned Q4 revenue may come in at or below the low end of the revenue guidance range. $MU announced also a $40 billion investment in leading-edge memory manufacturing in the US as the US approved the CHIPS Act. This latest warning comes just over a month after the company reported earnings that were drastically hurt by China weakness which is 30% of the company’s revenue. The warnings comes just … Continue reading “Micron Following NVidia Guides Lower Again on Weakness from China, Smartphones and PCs”

Micron Guides Lower on Weakness from China, Smartphones and PCs

Memory chip maker Micron reported earnings after the close Thursday and as expected they were drastically hurt by China weakness which is 30% of the company’s revenue. MU reported inline Q3 results and as expected guided Q4 lower, revenue by 20% and EPS by 38%. Weakness in smartphones/PCs also hurt. Strength again came from hyperscalers demand in the datacenter. Caution here with inventories above pre-COVID levels, which creates more uncertainty. These results will have a strong bearing on others in … Continue reading “Micron Guides Lower on Weakness from China, Smartphones and PCs”

Micron Earnings Boosted by Data Center Sales and DRAM Shipments for the Cloud.

Memory chip maker Micron reported better than expected earnings after the close Monday boosted by data-center sales growing over 70% year over year from cloud demand and the resurgence of enterprise IT investment. Strong DRAM bit shipments for the cloud, graphics, PC and notebook, 5G and automotive markets continued. Micron DRAM memory density Micron Technology, Inc. NASDAQ: MU Reported Earnings After Close Monday $2.16 Beat $2.10 EPS Forecast and $7.69 Beat $7.68 billion forecast in revenue Earnings Q1 2022 results … Continue reading “Micron Earnings Boosted by Data Center Sales and DRAM Shipments for the Cloud.”

Traders Talk Stock Market Technical Analysis & Macro Overview December 19 2021

The week that was and the week ahead in global stock markets. In developing our trading plan we walk through the KnovaWave Structure and shape in all the major indices and key stocks; AAPL, AMZN, SMH, NVDA and ARKK. Key earnings and influences with alternative outcomes. With a big week for Central Bankers we take a look at Bonds also Enjoy our technical analysts on youtube discuss Ichimoku, Gann, patterns and other indicators – feel free to like and share … Continue reading “Traders Talk Stock Market Technical Analysis & Macro Overview December 19 2021”

Traders Talk Stock Market Technical Analysis Overview December 12 2021

The week that was and the week ahead in global stock markets. In developing our trading plan we walk through the KnovaWave Structure and shape in all the major indices and key stocks; AAPL, AMZN, SMH, NVDA and ARKK. Key earnings and influences with alternative outcomes. With a big week for Central Bankers we take a look at Bonds also Enjoy our technical analysts on youtube discuss Ichimoku, Gann, patterns and other indicators – feel free to like and share … Continue reading “Traders Talk Stock Market Technical Analysis Overview December 12 2021”

Traders Talk Stock Market Technical Analysis Overview December 4 2021

The week that was and the week ahead in global stock markets. In developing our trading plan we walk through the KnovaWave Structure and shape in all the major indices and key stocks; AAPL, AMZN, SMH, NVDA and ARKK. Key earnings and influences with alternative outcomes. Listen in Conjunction with: Traders Market Weekly: When The Rubber Meets The Road December 4 – 9 2021 Enjoy our technical analysts on youtube discuss Ichimoku, Gann, patterns and other indicators – feel free … Continue reading “Traders Talk Stock Market Technical Analysis Overview December 4 2021”

Nvidia Record Quarterly Revenue in Gaming, Data Center, and Professional Visualization

NVidia beat both earnings and revenue expectations in the third quarter of 2021. Revenue for the third quarter was a record $7.10 billion, up 50 percent from a year earlier. Record quarterly revenue was achieved in Gaming, Data Center, and Professional Visualization. Gaming revenue was up 42 percent from a year ago and up 5 percent sequentially Q3 2021 Earnings NVDA reported adjusted earnings per share of $1.17 and revenue of $7.1 billion. Analysts expected $1.11 earnings per share and … Continue reading “Nvidia Record Quarterly Revenue in Gaming, Data Center, and Professional Visualization”

Micron Earnings Beat on DRAM Bit Shipments But Lowers Guidance on Chip and China Headwinds

Memory chip maker Micron reported better than expected earnings after the close Tuesday but lowered guidance sending $MU 4% lower. Strong DRAM bit shipments for the cloud, graphics, PC and notebook, 5G and automotive markets was anticipated.

NVIDIA Ramps up Self-driving With Acquisition of DeepMap For High-Fidelity 3D Mapping

NVidia continues its expansion of dynamic future segments. Self-driving is the latest, after announcing its acquisition of DeepMap who produce detailed and accurate high-fidelity 3D maps. $NVDA has been dominating Gaming and Big Data chips markets.

Micron Earnings Higher From DRAM and NAND Memory Chips, To Invest about $9 billion in Capex in 2021

Memory chip maker Micron reported stronger earnings after the close Wednesday. Both business lines, DRAM and NAND memory chips exceeded forecasts. $AMD has been trying to recover from near their six months lows with the technology selloff.