MU Jan 2024 100.000 put
| Previous Close | 42.65 |
| Open | 42.62 |
| Bid | 39.05 |
| Ask | 41.15 |
| Strike | 100.00 |
| Expire Date | 2024-01-19 |
| Day's Range | 42.62 - 42.65 |
| Contract Range | N/A |
| Volume | |
| Open Interest | N/A |
- Reuters
US semiconductor index hits highest in nearly a year on hopes for industry turn
The Philadelphia semiconductor index hit its highest level in nearly a year on Thursday, as optimism grows that a sales downturn in the industry has reached its nadir, in part due to a surge in artificial intelligence (AI) technology. The index climbed 1.6%, adding to a gain of more than 3% on Wednesday, and it is now on track for its biggest two-day percentage gain in nearly two months, hitting its highest level since April 6 after a flurry of updates from several chipmakers including Intel, Micron Technology and Germany's Infineon. Micron forecast a sharp drop in third-quarter revenue from the year-ago period on Tuesday, but CEO Sanjay Mehrotra said he was confident about the long-term and said the memory chip industry would see a record calendar year 2025 in terms of market size as AI will help boost sales.
- Motley Fool
Is Micron Technology Stock a Buy Now?
Stock for the memory specialist gained some traction in 2023, and it is expected to keep delivering upside.
- Motley Fool
Why Intel, Micron Technology, Qualcomm, and Other Semiconductor Companies Rallied on Wednesday Morning
While Micron Technology projected a year-over-year decline in revenue of over 50% for the upcoming quarter, it did offer optimistic long-term perspectives on several semiconductor sectors.
