Tag: memory chips
Micron stock was trending upward in premarket trading today. The upside came after it got an upgrade from Goldman Sachs just a week before its earnings.
From June 20 to September 16, memory stocks Micron and Western Digital rose 47% and 59%, respectively. Bullish analysts expect these memory stocks to rise.
Micron has been in a rough patch for some time. It's been suffering due to the US-China trade war, a semiconductor downcycle, and a recessionary scenario.
Apple’s iPhone business could be impacted as the dispute between Japan and South Korea threatens to disrupt the global semiconductor supply chain.