|Day Low/High||41.71 / 41.71|
|52 Wk Low/High||21.50 / 41.71|
Micron is motivating more positive outlook on the semiconductor sector's road ahead.
Intel investors had a bad flashback on Friday.
The tech giant makes up such a large part of the Korean stock index that its woes can't help but be a drag on the market as a whole.
While investors are concerned about when memory prices will bottom, Micron is still cheap relative to its peers.
While it is in the best interests of all producers to cut the supply glut for prices, that's not always the way things shake out.
Western Digital guides toward stronger second-half sales, alongside wider company cost cuts, following weaker-than-expected second quarter earnings.
This week's reports should provide color about near-term chip and chip equipment sales trends as the industry contends with a downturn.
Apple suppliers' shares are approaching a 30% slide since the start of 2018.
Global stocks extended declines Wednesday, with tech and auto sector shares leading to the downside, as investors exited risk markets all over the world amid persistent signals of slowing economic growth and questions of the fate of U.S. China trade talks.
Lam Research is showing Applied Materials that China is still open for business.
Micron's morning slide is indicative of a larger problematic trend.
Recent reports from chip and chip equipment makers suggest smartphone chip demand is pretty weak. But they paint a rosier picture for many other segments.
Samsung joined the growing chorus of handset giants to warn on waning smartphone demand, but Apple's biggest rival still posted record first quarter profits of $14.4 billion.
Apple's European and Asian suppliers are echoing increasing concern that waning smartphone demand will hit chip sales as the world's biggest tech company prepares for a pivotal second quarter earnings report.
A handful of less-than-stellar results from Apple suppliers sends the company's stock plunging.
It sounds like the record got stuck. But stocks are climbing to fresh highs in Asia in a combined push into uncharted territory. Sony and Samsung set today's pace.
Bain Capital, which is buying the unit along side Apple and other investors, has stated that Western Digital remains a valued partner and will seek a resolution that mutually benefits both sides.
The company now appears ready to plough billions into its memory and display suppliers to guarantee supplies and keep its costs down.
U.S. stock futures point to a weaker start for Wall Street on Thursday, ahead of a reading on the growth of the U.S. economy and as investors react to early tax reform proposals from the Trump administration.
Toshiba's on-again, off-again memory unit sale still faces a legal challenge from Western Digital
Here are some strong investments with exposure outside of Apple, too.
It's not all smooth sailing for the tech giant's signature product.
The sale of Toshiba's chip unit is a test case for Japanese corporate reform. The electronics maker faces pressure from its banks, investors and bidders, the Japanese government looking on.
Markets are likely to cheer the end of 7 months of political turmoil in tech- and export-driven South Korea.
Rising wages and a push to spur consumption have made China less attractive as a production site. Manufacturers are looking South and East as a result, as investors should note.
Samsung's fourth-quarter comeback looks based on chips and displays sales, but intensifying competition raises sustainability questions.
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