micron
Key PointsNew rounds of international investment have been rolled out in the semiconductor and chip manufacturing sector, with Intel and Micron announcing their latest figures.Micron is ready to deploy nearly $2 billion into a single area by choosing a region with significant tailwinds and undergoing the current fiscal stimulus.Analysts may need to pay more attention to the true potential in the stock, as Micron reported lackluster quarterly results. However, these valuation multiples may be a replay behind NVIDIA’s rise as broader investor votes weigh into a potential rally.5 stocks we like b...
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OANDA – Stocks bounce back, Biden briefing, Nike and Micron crush earnings, Oil rallies, Gold drifts, Bitcoin recovers Q3 2021 hedge fund letters, conferences and more US stocks rebounded on hopes that Biden’s $2 trillion economic agenda could still get done in January. Investors want to be optimistic leading up to the holidays and lawmakers on Capitol Hill will not want to be painted the villain, so all the rhetoric will likely be upbeat for the rest of the week. Before President Biden’s speech, it was reported that 500 million tests could be sent for free to Americans that want them. To assi...
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Despite low smartphone sales, Samsung Electronics Co Ltd (KRX:005930) expects a 53% increase in Q2 operating profit, surpassing market estimates. Should predictions be fulfilled by the end of July, it would be its biggest second-quarter profit since 2018. [soros] Q2 2021 hedge fund letters, conferences and more Samsung wants to become the world’s largest chip manufacturerThe outcome anticipated by the Korean giant is up 33% from its Q1 results and is rooted in consumers’ and data centers’ sky-high demand for chips that has drained supply chain capacity during the pandemic. According to Reuters...
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