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MU Mar 2024 70.000 put

OPR - OPR Delayed Price. Currency in USD
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0.0500+0.0200 (+66.67%)
As of 03:42PM EST. Market open.
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Previous Close0.0300
Expire Date2024-03-15
Day's Range0.0400 - 0.0500
Contract RangeN/A
Open Interest3.96k
  • Yahoo Finance Video

    Semiconductors: A key sector for AI’s continued growth?

    Chip giant Nvidia (NVDA) has been at the center of the market rally, reaching record highs in February. However, as more investment is poured into AI, some fear the potential for a bubble to form. Citi Head of US Semiconductor Research Chris Danely joins Yahoo Finance to share his perspective about the AI sector's continued room for growth, despite the fact that AI hardware like semiconductors historically experiences cyclical growth. Danely is particularly bullish on semiconductors, sharing his top pick within the sector: "We've all identified Nvidia as the clear AI leader. I guess in this sort of instantaneous market, they're almost yesterday's news in terms of AI. What we think is going to be the next group of semiconductors or product of semiconductors that's going to have the AI mentioning is going to be memory and specifically DRAM. So, clearly, there's a lot of graphics chips going into it, clearly there's a lot of ethernet chips that Broadcom (AVGO) makes...We think that's the next positive catalyst for the AI market, but you're just starting to see memory come into play as, wow, we need more of this, this is in shortage, and Micron (MU) is the top pick on the DRAM space for us. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

  • Zacks

    Wall Street Bulls Look Optimistic About Micron (MU): Should You Buy?

    The average brokerage recommendation (ABR) for Micron (MU) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

  • Reuters

    UPDATE 2-Micron's New York chips project under US environmental review

    The U.S. Army Corps of Engineers is conducting an environmental review of Micron's plans for a manufacturing mega campus to make dynamic random-access memory chips in central New York state, the agency said on Friday. Micron intends to invest up to $100 billion over the next 20-plus years to construct the 1,400-acre (570-hectare) campus in Clay, New York, with $20 billion planned by 2030. The company has applied for funding under the Commerce Department's $39 billion "Chips and Science" semiconductor subsidy program, and an environmental review is required if the project receives government funding, the agency said.