Micron Technology - Boden gefunden? (Seite 51)

[JeremyWendell]

Gibt es eine Übersicht über die Produktionsfabriken von Micron? Mir geht es darum, wie diese Fabriken weltweit verteilt sind.

[short_squeeze]

Die Zahlen waren besser als erwartet, 10 % nachbörstlicher Aufschlag

---

Micron Reports Impressive Fiscal 2017 Q2 Results

Micron Technology (NASDAQ:MU) reported results for its fiscal 2017 Q2 that exceeded expectations. Revenue grew 58% y/y to $4.65 billion. Gross margin improved to 36.6%, which was considerably better than the guidance range that CFO Ernie Maddock offered during the fiscal Q1 conference call in December.

Operating income was $1.044 billion compared to the year-ago loss of $5 million. Net income was $894 million with diluted earnings per share of $0.77. On a non-GAAP basis, EPS was $0.90, above the analyst consensus of $0.85 according to Yahoo Finance.

Investors responded very positively to the report, pushing the share price up over 10% after hours to $29. The stock clearly has momentum, but what are Micron's long-term growth prospects?

SA contributor Brian Gilmartin had some sage observations about Micron in a recent article:

Micron has made some strategic acquisitions the last 3 years, which might help a little, but I still think those who cry "It's different this time" don't understand the economics of a business with a high degree of operating leverage...

There is a lot of bullish sentiment now baked into the stock, and it could well last another quarter or two. Just be careful with Micron and know what you own.

Gilmartin is long Micron, and I don't doubt he bought in at a very advantageous level. He regards Micron as highly cyclical, and the stock's price has oscillated between $10 and $35 since 2013 as shown in the chart above.

[short_squeeze]

vorbörslich schon wieder im Plus... wird wahrscheinlich ein ziemlich starkes Jahr für MU

[short_squeeze]

Micron Technology-Aktie: beste Aufstellung in der Unternehmensgeschichte! - Aktienanalyse
Rosenblatt Securities

New York (www.aktiencheck.de) - Micron Technology-Aktienanalyse des Analysten Hans Mosesmann von Rosenblatt Securities:

Laut einer Aktienanalyse empfiehlt Aktienanalyst Hans Mosesmann von Rosenblatt Securities im Rahmen einer Ersteinschätzung die Aktien von Micron Technology Inc. (ISIN: US5951121038, WKN: 869020, Ticker-Symbol: MTE, Nasdaq-Symbol: MU) zum Kauf.

Micron Technology Inc. befindet sich nach Ansicht der Analysten von Rosenblatt Securities im Hinblick auf eine operative Effizienz, das Produktportfolio und neue Speichertechnologien in einer Position die noch nie besser gewesen sei.

Zusammen mit der besten Finanzstruktur in der Unternehmensgeschichte könne in einem Abwärtszyklus ein positiver Free Cash flow gewährleistet werden, so9 die Einschätzung des Analysten Hans Mosesmann.

Die Aktienanalysten von Rosenblatt Securities beginnen ihrer Micron Technology-Aktienanalyse die Coverage des Titels mit einem "buy"-Rating und veranschlagen ein Kursziel von 34,00 USD.


http://www.aktiencheck.de/exklusiv/Artikel-Micron_Technology…

[short_squeeze]

Der Analyst Mizuho hat das Kursziel für Micron Technology Inc. von 27 auf 30 USD angehoben, aber die Einstufung auf "Buy" belassen.

[short_squeeze]

am 2.1. um 17 Uhr kommen Zahlen

[short_squeeze]

* Memory chips in tight supply due to supply bottlenecks
* Global memory chip sales seen up 57 pct in 2017 - Nomura
* Distributors report big shipment delays due to shortages

By Se Young Lee
SEOUL, Jan 27 (Reuters) - The global memory chip industry is
heading into what's been dubbed an ultra-super-cycle, as the
challenge of making chips smaller yet more efficient has created
supply bottlenecks, while there is soaring demand for data
storage - from smartphones and artificial intelligence to
autonomous driving and the Internet of Things.
Chipmakers and analysts predict the price rally - the
average price of benchmark memory chips rose 26-31 percent last
year - will continue this year as supplies remain tight.
"We expect an ultra-super-cycle instead of just a
super-cycle in the 2017 DRAM industry," said CW Chung, an
analyst at Nomura, referring to memory chips used in smartphones
and computers for short-term data processing and storage.
That's left gadget makers scurrying to secure stable
supplies, and distributors reporting shipment delays, while
chipmakers enjoy bumper earnings.
For example, Samsung Electronics <005930.KS>, the world's
biggest memory chipmaker, this week reported record quarterly
operating profit of 4.95 trillion won ($4.26 billion) at its
chip business, and its stock price has risen 77 percent over 12
months, a period that includes one of the consumer electronics
industry's most damaging product faults.
"As of the end of the fourth quarter, our DRAM inventory in
particular has gotten tight compared to the previous period
after we actively responded to demand," Chun Se-won, Samsung
Electronics senior vice president, said after the earnings.
Samsung did not detail its inventory levels, but some
analysts reckon its DRAM inventory level fell to less than a
week at end-December, from nearer a month a year ago.
BNP estimates the industry-wide inventory of NAND flash
memory chips, used for longer-term data storage, is also less
than one week.
Toshiba <6502.T>, which may sell part of its core chip
business for unrelated financial reasons, [nT9N1F103J] said it
is receiving orders beyond its capacity for NAND chips, and SK
Hynix <000660.KS>, while meeting orders for now, warned that an
industry-wide shortage of NAND chips will likely persist this
year.
Leading Chinese smartphone makers such as Huawei [HWT.UL]
and ZTE <000063.SZ> declined to comment on chip supplies.
Alibaba-backed <BABA.N> Meizu said it has no problems in its
smartphone launch or shipment plans. "We have a long-term
agreement with our suppliers that ... guarantees more than 3
months of supply at any given moment," global branding manager
Ard Boudeling told Reuters.
Distributors, however, say tight supplies mean there are
some severe shipping delays.
"So much so that many are active in the secondary market to
procure the needed supply, often at large premiums to contract
pricing," said Tobey Gonnerman, executive vice president at
U.S.-based component distributor Fusion Worldwide.
He said there are delivery delays of 8-12 weeks for certain
chips, and, in some extreme cases, no delivery date
confirmations at all.
That's likely to push up prices further, with Nomura
predicting global memory chip market revenue will grow 56.7
percent this year to a record $116 billion.
SK Hynix Vice President Sean Kim said customers resisted the
price hikes in contract negotiations for the first half, "but
ultimately, negotiations were concluded at much higher prices."
"I think they expected prices wouldn't fall significantly
even in the second half, and decided to build their inventory in
advance," he added.

DEEP POCKETS
Samsung appears best placed to benefit from the market cycle
given its early and heavy investment in new technology,
particularly in 3D NAND chips, which are in demand from high-end
storage products used in data servers.
SK Hynix says it is still a year behind Samsung in this
technology, but hopes to close the gap this year. Toshiba said
it is still months behind Samsung in producing 3D NAND chips.
"The advantage Samsung has over everyone is simply their
investment," said a person at one of the South Korean giant's
competitors, who declined to be named as he was not authorised
to speak to the media. "Their projected investment in 3D NAND
this year, according to analysts, is bigger than our entire
capex plan for the year."
Samsung spent 10.6 trillion won on memory chip capex last
year, and has yet to announce spending plans for this year.
The shift to next-generation technologies is not just
costly, it has also created production bottlenecks.
BNP estimates memory capital spending in 2016-17 will be 80
percent more than was spent four years ago, but returns on those
investments are diminishing: $1 billion spent this year will
grow shipments by around only a third of what chipmakers would
have recouped from the same amount in 2012-13, BNP said.
Samsung expects global NAND chip supply will grow by around
30 percent, while Nomura expects demand to rise by 42 percent.
"They (chipmakers) are now in the enviable position to
choose what to make and who to sell to, and raise pricing levels
even further," said Fusion Worldwide's Gonnerman.
"They seem to have the luxury of choosing where to focus
their production, and wherever they choose will result in
growing the shortages on other product families."
($1 = 1,163.1000 won)

[short_squeeze]

Ich finde die Mircon interessant und gut aufgestellt.

Ich bin persönlich auch ein Fan der Crucial-Serie. Die Nachfrage nach DRAM-Speichermodulen ist ungebrochen hoch und die Preise steigen sogar für technisch überholte Module.

Kingston hätte ich favorisiert, aber die sind leider nicht börsennotiert

[Sanoko]

Dram/NAND Nachfrage hoch (c. 10%+ seit Dez 16), Angebot ist eng; sehr gutes Geschäftsumfeld für Micron. Letzte Zahlen sahen auch besser aus, als die von Samsung. 2017 müsste richtig gut werden, wenn nicht die Trump/China Geschichte dazwischenfunkt. ...

[Innov70]

Micron Technology

Bin dabei