10 Best Semiconductor Stocks To Invest In Right Now: Micron Technology Inc.(MU)
Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Its products include dynamic random access memory (DRAM) products that provide data storage and retrieval, which include DDR2 and DDR3; and other specialty DRAM memory products, including DDR, SDRAM, DDR and DDR2 mobile low power DRAM, pseudo-static RAM, and reduced latency DRAM. The company also offers NAND flash memory products, which are electrically re-writeable and non-volatile semiconductor devices that retain content when power is turned off. In addition, it provides NOR flash memory products that are electrically re-writeable and non-volatile semiconductor memory devices; phase change memory products; and image sensor products. Micron Technology?s products are used in a range of electronic applications, including personal computers, workstations, network servers, mobile phones, flash memory cards, USB storage devices, digital still c ameras, MP3/4 players, and in automotive applications. It sells its products to original equipment manufacturers and retailers through internal sales force, independent sales representatives, and distributors, as well as through a Web-based customer direct sales channel. The company was founded in 1978 and is headquartered in Boise, Idaho.
Advisors' Opinion:- [By Selena Maranjian]
Finally, Renaissance's biggest closed positions included Appleand Cisco Systems. Other closed positions of interest include Micron Technology (NASDAQ: MU ) , which is trading near its 52-week high and has a forward P/E ratio near 20. The struggling PC market has hurt the company, but bulls are hopeful about growth in tablets and smartphonesdriving demandfor memory chips. Its second-quarter earnings report featured lower costs and rising margins that hinted at a return to profitability soon. Micron's purchase of Japanese ! manufacturer Elpida also seems promising, boosting its capacity and its relationship withApple. Micron has been losing market share, though, and some worry about the commoditization of memory, recent net losses, and Micron's debt levels.
- [By Piyush Arora]
This supply shortage pushed DRAM even higher, boosting the profit margins of Micron (NASDAQ: MU ) , SK Hynix, and Samsung (NASDAQOTH: SSNLF ) . However, in light of some recent developments, there is reason to believe that this pricing advantage enjoyed by DRAM manufacturers could be short lived.
- [By Jon C. Ogg]
Stern Agee reports that there is potential for a minor DRAM-NAND disruption in Hynix Quxi supply, which would be a positive for both SanDisk Corp. (NASDAQ: SNDK) and Micron Technology Inc. (NASDAQ: MU). The report is based mostly on unconfirmed news of smoke at the Hynix’s Wuxi China fab.
source from Top Penny Stocks:http://www.seekpennystocks.com/10-best-semiconductor-stocks-to-invest-in-right-now.html
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