옵션 체인은 다양한 행사가격과 만기일에 대한 Micron Technology의 주식 옵션 주요 데이터를 보여줍니다. 트레이더들은 이 정보를 사용하여 잠재적 거래를 분석하고 Micron Technology에 대한 시장 심리를 평가합니다..

Micron Technology (NASDAQ:MU) 주식, 옵션 체인

Micron Technology

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

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엔비디아(NASDAQ:NVDA)의 CEO인 젠슨 황이 SK하이닉스(OTC:HXSCF)에게 차세대 고대역폭 메모리 칩 공급을 6개월 앞당겨 줄 것을 요청했다. 무슨 일이 (What Happened): 이 요청은 황과 SK 그룹 회장 최태원 간의 미팅 중에 전달되었다고, 로이터가 월요일 보도했다. SK하이닉스는 이전에 2025년 하반기에 칩을 고객에게 제공할 계획이라고 발표했으며, 이는 원래 목표보다도 앞선 일정이었다.

엔비디아의 속도 요구: 젠슨 황, SK하이닉스에 메모리 칩 조기 납품 요청

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전 대통령 도널드 트럼프는 이전에 백악관에서 4년 동안 재직한 경험이 있기 때문에, 그가 2024년 대선에서 승리하여 두 번째 임기를 수행할 경우 어떤 주식과 섹터가 혜택을 볼 수 있을지 투자자들이 파악하는 데 도움이 될 수 있다.

트럼프 대통령 시기인 2017년 S&amp;P 500에서 가장 우수한 성과를 거둔 10개 주식: 역사가 반복될까?

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엔비디아(NASDAQ:NVDA)는 인공지능(AI) 분야에서 뱅크 오브 아메리카(Bank of America)의 최고의 주식 선택으로 계속 남아 있으며, 분석가 비벡 아리아(Vivek Arya)는 이 회사를 &#34;세대의 기회(generational opportunity)&#34;라고 평가했다.

AI가 &#39;세기적인 기회&#39;를 창출: 엔비디아의 주가가 $190에 도달할 것이라고 말하는 이유

Micron Technology Inc

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Whales with a lot of money to spend have taken a noticeably bearish stance on Micron Technology.
Looking at options history for Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) we detected 64 trades.
If we consider the specifics of each trade, it is accurate to state that 39% of the investors opened trades with bullish expectations and 46% with bearish.
From the overall spotted trades, 25 are puts, for a total amount of $1,792,812 and 39, calls, for a total amount of $2,409,004.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $50.0 and $135.0 for Micron Technology, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Micron Technology options trades today is 3466.68 with a total volume of 24,532.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Micron Technology's big money trades within a strike price range of $50.0 to $135.0 over the last 30 days.
<h3>Micron Technology Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730743231_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$7.1</td>
<td>$7.1</td>
<td>$7.1</td>
<td>$110.00</td>
<td>$213.0K</td>
<td>13.4K</td>
<td>505</td>
</tr>
<tr>
<td>MU</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/29/24</td>
<td>$5.2</td>
<td>$5.1</td>
<td>$5.15</td>
<td>$104.00</td>
<td>$200.8K</td>
<td>445</td>
<td>400</td>
</tr>
<tr>
<td>MU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$18.0</td>
<td>$17.8</td>
<td>$17.86</td>
<td>$110.00</td>
<td>$178.6K</td>
<td>4.0K</td>
<td>1.2K</td>
</tr>
<tr>
<td>MU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$17.45</td>
<td>$17.4</td>
<td>$17.45</td>
<td>$110.00</td>
<td>$174.5K</td>
<td>4.0K</td>
<td>231</td>
</tr>
<tr>
<td>MU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$17.45</td>
<td>$17.4</td>
<td>$17.45</td>
<td>$110.00</td>
<td>$174.5K</td>
<td>4.0K</td>
<td>131</td>
</tr>
</tbody>
</table>

<h3>About Micron Technology</h3>
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
After a thorough review of the options trading surrounding Micron Technology, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of Micron Technology</h3>
<ul>
<li>Trading volume stands at 7,412,736, with MU's price up by 2.91%, positioned at $102.63.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 44 days.</li>
</ul>
<h3>What Analysts Are Saying About Micron Technology</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $135.0.
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&#x2A; An analyst from Keybanc has decided to maintain their Overweight rating on Micron Technology, which currently sits at a price target of $135. 
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Options

What the Options Market Tells Us About Micron Technology

Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) has outperformed the market over the past 20 years by 3.31% on an annualized basis producing an average annual return of 11.51%. Currently, Micron Technology has a market capitalization of $114.06 billion. 
Buying $1000 In MU: If an investor had bought $1000 of MU stock 20 years ago, it would be worth $8,944.35 today based on a price of $102.86 for MU at the time of writing.
<h3>Micron Technology's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730739616_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Micron Technology Stock In The Last 20 Years

Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang has requested SK Hynix Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HXSCF#OTC">HXSCF</a>) to expedite the supply of its next-generation high-bandwidth memory chips by six months.
What Happened: The request was made during a meeting between Huang and SK Group Chairman Chey Tae-won, reported Reuters on Monday. SK Hynix had previously announced its plan to provide the chips to clients in the second half of 2025, a timeline that was already ahead of the initial target.
The demand for high-capacity, energy-efficient chips for Nvidia&#8217;s graphic processing units, used in AI technology development, has been on the rise. Nvidia currently holds over 80% of the global AI chip market.
SK Hynix, a leading player in the global race to meet the surging demand for HBM chips, is facing intensified competition from companies like Samsung Electronics (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) and Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>). 
The company is also planning to supply the latest 12-layer HBM3E to an undisclosed customer this year and intends to ship samples of the more advanced 18-layer HBM3E early next year.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41678522/jim-cramer-warns-apple-stock-should-have-never-been-up-that-much-after-q3-earnings-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Jim Cramer Warns Apple Stock Should Have &#8216;Never Been Up That Much&#8217; After Q3 Earnings Even As This Analyst Defends iPhone 16 Launch</a>
Why It Matters: The demand for AI technology has been a significant driver of growth for SK Hynix. The company reported a <a href="https://www.benzinga.com/markets/equities/24/10/41509305/nvidia-supplier-sk-hynix-reports-record-breaking-quarterly-profit-as-ai-demand-drives-7-revenue-">record-breaking quarterly profit</a> in October, with a 7% revenue surge, largely attributed to the rising demand for AI technology.
Despite <a href="https://www.benzinga.com/markets/asia/24/10/41645191/samsung-profits-soar-but-companys-nvidia-ai-chip-race-lag-allows-sk-hynix-micron-to-take-the-lead-in">Samsung&#8217;s soaring profits</a>, its delays in Nvidia&#8217;s certification for AI memory chips have allowed competitors like SK Hynix and Micron Technology to take the lead in high-bandwidth memory. 
SK Hynix&#8217;s <a href="https://www.benzinga.com/markets/asia/24/09/41038506/nvidia-supplier-sk-hynix-soars-9-as-mass-production-of-advanced-hbm3e-chips-begins-amid-burgeoning-a">commencement of mass production</a> of their latest high-bandwidth memory chips in September positioned the company ahead in the competitive race to meet the growing demand driven by artificial intelligence advancements.
SK Hynix <a href="https://www.benzinga.com/news/24/07/39984461/nvidia-supplier-sk-hynix-pledges-6-8b-for-new-chip-plant-in-south-korea">plans to invest $6.8 billion</a> in a new production facility in South Korea, as part of a larger commitment to invest 120 trillion won in the construction of four fabs in the Yongin cluster.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/11/41689712/whats-going-on-with-rivian-stock-today?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">What&#8217;s Going On With Rivian Stock Today?</a></li>
</ul>
Image Via Shutterstock 
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Nvidia's Need For Speed: Jensen Huang Pushes SK Hynix For Earlier Memory Chip Delivery

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/08/24</td>
<td>$40.00</td>
<td>$50.3K</td>
<td>9.4K</td>
<td>5.2K</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$200.00</td>
<td>$42.5K</td>
<td>5.8K</td>
<td>1.8K</td>
</tr>
<tr>
<td>ALAB</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$75.00</td>
<td>$29.0K</td>
<td>3.9K</td>
<td>1.2K</td>
</tr>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$15.00</td>
<td>$246.2K</td>
<td>90</td>
<td>405</td>
</tr>
<tr>
<td>CFLT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$20.00</td>
<td>$83.7K</td>
<td>539</td>
<td>287</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$135.00</td>
<td>$55.0K</td>
<td>4.0K</td>
<td>254</td>
</tr>
<tr>
<td>TWLO</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$85.00</td>
<td>$30.1K</td>
<td>1.4K</td>
<td>228</td>
</tr>
<tr>
<td>ON</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$65.00</td>
<td>$107.9K</td>
<td>1.7K</td>
<td>170</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/06/24</td>
<td>$21.00</td>
<td>$27.5K</td>
<td>21</td>
<td>142</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/18/26</td>
<td>$240.00</td>
<td>$32.9K</td>
<td>3.8K</td>
<td>139</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we notice a put option trade that happens to be bullish, expiring in 7 day(s) on November 8, 2024. This event was a transfer of 283 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $50.3K, with a price of $178.0 per contract. There were 9454 open contracts at this strike prior to today, and today 5220 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a put option trade with bearish sentiment. It expires in 14 day(s) on November 15, 2024. Parties traded 50 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $42.5K, with a price of $850.0 per contract. There were 5859 open contracts at this strike prior to today, and today 1865 contract(s) were bought and sold. 
• For ALAB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>), we notice a call option sweep that happens to be bearish, expiring in 14 day(s) on November 15, 2024. This event was a transfer of 50 contract(s) at a $75.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $29.0K, with a price of $580.0 per contract. There were 3958 open contracts at this strike prior to today, and today 1263 contract(s) were bought and sold. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option trade that happens to be bearish, expiring in 441 day(s) on January 16, 2026. This event was a transfer of 20 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $246.2K, with a price of $12310.0 per contract. There were 90 open contracts at this strike prior to today, and today 405 contract(s) were bought and sold. 
• For CFLT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CFLT#NASDAQ">CFLT</a>), we notice a call option sweep that happens to be bullish, expiring in 77 day(s) on January 17, 2025. This event was a transfer of 125 contract(s) at a $20.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $83.7K, with a price of $670.0 per contract. There were 539 open contracts at this strike prior to today, and today 287 contract(s) were bought and sold. 
• For MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we notice a call option trade that happens to be bullish, expiring in 231 day(s) on June 20, 2025. This event was a transfer of 100 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $55.0K, with a price of $550.0 per contract. There were 4039 open contracts at this strike prior to today, and today 254 contract(s) were bought and sold. 
• For TWLO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NYSE">TWLO</a>), we notice a call option trade that happens to be neutral, expiring in 77 day(s) on January 17, 2025. This event was a transfer of 60 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $30.1K, with a price of $503.0 per contract. There were 1486 open contracts at this strike prior to today, and today 228 contract(s) were bought and sold. 
• Regarding ON (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>), we observe a put option trade with bullish sentiment. It expires in 231 day(s) on June 20, 2025. Parties traded 170 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $107.9K, with a price of $635.0 per contract. There were 1757 open contracts at this strike prior to today, and today 170 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a call option trade with neutral sentiment. It expires in 35 day(s) on December 6, 2024. Parties traded 100 contract(s) at a $21.00 strike. The total cost received by the writing party (or parties) was $27.5K, with a price of $275.0 per contract. There were 21 open contracts at this strike prior to today, and today 142 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option trade that happens to be bullish, expiring in 777 day(s) on December 18, 2026. This event was a transfer of 10 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $32.9K, with a price of $3295.0 per contract. There were 3870 open contracts at this strike prior to today, and today 139 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ALAB

CFLT

INTC

MSTR

PLTR

TWLO

10 Information Technology Stocks Whale Activity In Today's Session

WIIM

AMAT

ENTG

KLAC

LRCX

MCHP

MRVL

NXPI

QCOM

SWKS

Shares of semiconductor stocks are trading lower. The sector may be under pressure following recent earnings from multiple companies in the sector.

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer said Vertex Pharmaceuticals Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTX#NASDAQ">VRTX</a>) is a buy. &#8220;This company is<a href="https://www.benzinga.com/quote/VRTX/analyst-ratings"> doing the lord's work,&#8221; he added.</a>
On Wednesday, Oppenheimer analyst Hartaj Singh maintained Vertex Pharmaceuticals with an Outperform and lowered the price target from $550 to $540.
CME Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CME#NASDAQ">CME</a>) is a &#8220;strong buy,&#8221; Cramer said. &#8220;It is one of the most consistent, great companies.&#8221;
On Oct. 23, CME reported quarterly earnings of $2.68 per share which beat the analyst consensus estimate of $2.65 per share. The company reported quarterly sales of $1.584 billion which beat the analyst consensus estimate of $1.579 billion.
The Mad Money host recommended buying T. Rowe Price Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>). &#8220;I think it's such a great company,&#8221; he added.
On Oct. 16, T. Rowe Price announced the appointment of Ben Riley to Head of Insurance.
&#8220;Enough with the selling&#8221; of Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), Cramer said.
Micron announced changes to its Board of Directors on Wednesday. Micron said Robert (Bob) Switz, its current Board Chair, will retire on Jan. 16, 2025, while the board approved the appointment of Micron&#8217;s President and CEO, Sanjay Mehrotra, to serve as Board Chair.
Price Action:
<ul>
<li>Vertex Pharmaceuticals shares gained 1% to settle at $475.08 on Wednesday.</li>
<li>CME Group shares rose 0.1% to close at $227.26 on Wednesday.</li>
<li>T. Rowe Price shares fell 0.5% to settle at $111.81 during the session.</li>
<li>Micron fell 3.8% to settle at $104.08 on Wednesday.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41622545/wall-streets-most-accurate-analysts-spotlight-on-3-risk-off-stocks-delivering-high-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Spotlight On 3 Risk Off Stocks Delivering High-Dividend Yields</a></li>
</ul>
Image: Shutterstock

Media

TROW

Jim Cramer: This Financial Stock Is 'One Of The Most Consistent, Great Companies'

Samsung Electronics (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>), South Korea's largest company, reported a net income of 9.78 trillion won ($7.1 billion) for the September quarter, with its chip division earning 3.86 trillion won ($2.8 billion) in operating profit.
Artificial intelligence and data center server demand remained strong, though mobile chip sales dipped due to inventory adjustments. 
Samsung&#8217;s delays in NVIDIA Corp&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) certification for AI memory chips have allowed competitors SK Hynix (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HXSCF#OTC">HXSCF</a>) and Micron Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) to lead in <a href="https://www.benzinga.com/markets/equities/24/10/41220202/samsung-warns-of-q3-profit-drop-amid-shipment-delays-of-ai-chip-approved-by-nvidia">high-bandwidth memory</a>. 
SK Hynix recently posted a record 7.03 trillion won in profit, <a href="https://www.benzinga.com/markets/equities/24/10/41509305/nvidia-supplier-sk-hynix-reports-record-breaking-quarterly-profit-as-ai-demand-drives-7-revenue-">intensifying pressure on Samsung</a> in a rapidly evolving memory chip market.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/10/41642497/microsofts-ai-momentum-could-propel-4-trillion-market-cap-in-6-9-months-amid-robust-q1-earnings-">Microsoft&#8217;s AI Momentum Could Propel $4 Trillion Market Cap In 6-9 Months Amid &#8216;Robust&#8217; Q1 Earnings, Says Dan Ives: &#8216;This Is a Company Firing on All Cylinders&#8217;</a></li>
</ul>
Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Asia

Global

Samsung Profits Soar, But Company's Nvidia AI Chip Race Lag Allows SK Hynix, Micron To Take The Lead In High-Bandwidth Memory

Management

Micron Announces Board Chair Transition: Robert Switz To Retire In January 2025, CEO Sanjay Mehrotra To Assume Board Chair Role, Lynn Dugle Named Lead Independent Director

Deep-pocketed investors have adopted a bearish approach towards Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MU usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 36 extraordinary options activities for Micron Technology. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 27% leaning bullish and 66% bearish. Among these notable options, 8 are puts, totaling $386,191, and 28 are calls, amounting to $1,631,443.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $80.0 to $250.0 for Micron Technology during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Micron Technology's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Micron Technology's whale trades within a strike price range from $80.0 to $250.0 in the last 30 days. 
<h3>Micron Technology 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730315756_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$5.1</td>
<td>$5.0</td>
<td>$5.0</td>
<td>$120.00</td>
<td>$287.5K</td>
<td>11.2K</td>
<td style="text-align: right;">711</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$6.15</td>
<td>$5.85</td>
<td>$5.85</td>
<td>$250.00</td>
<td>$117.0K</td>
<td>331</td>
<td style="text-align: right;">200</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$11.5</td>
<td>$10.45</td>
<td>$10.55</td>
<td>$96.00</td>
<td>$105.5K</td>
<td>336</td>
<td style="text-align: right;">200</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/01/24</td>
<td>$9.75</td>
<td>$9.6</td>
<td>$9.68</td>
<td>$96.00</td>
<td>$97.4K</td>
<td>336</td>
<td style="text-align: right;">302</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$9.7</td>
<td>$9.45</td>
<td>$9.53</td>
<td>$96.00</td>
<td>$95.2K</td>
<td>336</td>
<td style="text-align: right;">100</td>
</tr>
</tbody>
</table>

<h3>About Micron Technology</h3>
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
Having examined the options trading patterns of Micron Technology, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Micron Technology's Current Market Status</h3>
<ul>
<li>Trading volume stands at 9,339,049, with MU's price down by -3.16%, positioned at $104.76.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 49 days.</li>
</ul>
<h3>What Analysts Are Saying About Micron Technology</h3>
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $142.5.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Keybanc keeps a Overweight rating on Micron Technology with a target price of $135. 
&#x2A; An analyst from Cantor Fitzgerald has revised its rating downward to Overweight, adjusting the price target to $150. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Micron Technology with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Looking At Micron Technology's Recent Unusual Options Activity

LSCC

RMBS

SIMO

TSEM

Shares of chip stocks are trading lower. The sector may be under pressure after AMD and Qorvo fell on their respective earnings reports and outlook. Additionally, SMCI may be causing sector uncertainty after its independent auditor resigned.

Chip stocks led by Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), Marvell Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), ON Semiconductor Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>), Micron Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) are trading lower Wednesday in sympathy with Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>).
AMD stock maintained its downward trajectory since Tuesday after its <a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41612007/amd-q3-earnings-revenue-beat-eps-in-line-data-center-up-122-significant-growth-opportunities-ahead-" rel="noreferrer noopener">quarterly print failed</a> to impress the Street.
AMD reported third-quarter revenue of $6.8 billion, up by 18%, topping analyst estimates&nbsp;of $6.71 billion. The third-quarter EPS of 92 cents was in line with analyst estimates.
Also Read: <a href="https://www.benzinga.com/news/24/09/40800539/amazon-and-oracle-partnership-unlocks-major-cloud-growth-opportunity-analyst-suggests" target="_blank" rel="noreferrer noopener">Amazon and Oracle Partnership Unlocks Major Cloud Growth Opportunity, Analyst Suggests</a>
Data Center revenue rose 122%, and Client segment revenue increased 29%. Gaming revenue fell 69%, and Embedded revenue declined 25% year-over-year to $927 million.
AMD expects fourth-quarter revenue of $7.2 billion-$7.8 billion, versus the analyst consensus of $7.54 billion.
The chip sector benefited from the artificial intelligence frenzy. However, the U.S.&#8217;s geopolitical tensions with China and the sustainability of capital-intensive AI technology prospects have kept analysts cautious.
Meanwhile, the sector noted changing dynamics among semiconductor companies, with tech giants forging partnerships to reduce dependence on Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>).
Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Databricks forged a five-year deal for affordable AI-building services leveraging <a href="https://www.benzinga.com/news/24/10/41337034/amazon-strikes-at-nvidias-stronghold-through-databricks-deal-cutting-ai-costs-by-40" target="_blank" rel="noreferrer noopener">Amazon&#8217;s Trainium chips</a>. ChatGPT parent OpenAI added AMD as <a href="https://www.benzinga.com/news/24/10/41609022/openai-chooses-broadcom-for-ai-interface-chip-development" target="_blank" rel="noreferrer noopener">an additional supplier</a> in addition to Nvidia. OpenAI also tapped Broadcom and Taiwan Semiconductor to build its in-house chip.
<a href="https://www.benzinga.com/government/24/10/41579507/nvidia-taps-indias-growing-ai-market-partnering-with-tech-giants-and-scaling-data-centers" target="_blank" rel="noreferrer noopener">Last week, Nvidia</a> briefly claimed the title of the world&#8217;s most valuable company, with its market cap hitting $3.53 trillion, just above Apple Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) $3.52 trillion driven by unprecedented demand for its AI supercomputing chips. 
Russ Mould, AJ Bell&#8217;s investment director, said that Nvidia&#8217;s chip demand remains strong as more companies integrate AI into their daily operations.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41583865/what-to-expect-from-apples-fq4-earnings" target="_blank" rel="noreferrer noopener">What To Expect From Apple&#8217;s FQ4 Earnings?</a></li>
</ul>
Photo: Shutterstock

AMZN

What's Going On With Chip Stocks Nvidia, Broadcom, Taiwan Semi, Micron And Others Wednesday?

Republican presidential candidate Donald Trump went after Taiwan Semiconductor Manufacturing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) for the second time. On the Joe Rogan podcast over the weekend, he accused Taiwan of undermining America's chip industry.
He criticized the U.S. CHIPS Act and pledged to impose tariffs on Taiwanese chips if he wins the presidency, which could significantly affect Taiwan Semi, a major global chip supplier for companies like Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), CNBC <a target="_blank" href="https://www.cnbc.com/2024/10/28/trump-accuses-taiwan-of-stealing-us-chip-business-on-joe-rogan-podcast.html" rel="noreferrer noopener">reports</a>.
Shares of Taiwan Semiconductor dropped 4.3% on Monday following Trump's remarks.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/24/10/41573440/whats-going-on-with-taiwan-semiconductor-stock-on-monday" rel="noreferrer noopener">TSMC Halts Chip Shipments to China's Sophgo Amid Huawei Connection Investigation</a>
Previously, <a target="_blank" href="https://www.benzinga.com/government/24/07/39857131/ai-chip-stocks-nvidia-amd-taiwan-semi-saw-a-selloff-this-week-whats-going-on" rel="noreferrer noopener">Trump questioned the</a> U.S. defense commitment to Taiwan, pointing out the absence of a formal defense treaty, unlike agreements with South Korea and Japan.
Nearly every major tech company producing in-house chips, such as Amazon.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, and Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), relies heavily on Taiwan Semiconductor.
UBS analysts told CNBC that Taiwan Semiconductor manufactures over 90% of the world's advanced chips.
With rising concerns about Taiwan's geopolitical vulnerability, especially with China, U.S. companies face increasing pressure to build alternative chip production within the U.S.
Taiwan Semiconductor is on the path to receive nearly $7 billion from the U.S. Commerce Department to support its Arizona foundry, with production scaling in 2025.
Trump argued against foreign companies using U.S. government funds for chip plants, calling the CHIPS Act "a bad deal" and criticizing funds allocated to wealthy firms.
Analysts at Mizuho warned CNBC that a Trump victory could hurt Taiwan Semiconductor, while Citi analysts told CNBC tariffs could complicate costs across the chip supply chain.
Tariffs against China, as seen under Trump's previous term, could prompt China to retaliate, as it did with Micron Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>).
Experts caution that even under a Kamala Harris presidency, stringent export controls on China would continue affecting U.S. chip sales; for instance, Nvidia's revenue from China dropped below 10% due to these restrictions.
Price Action: TSM stock is up 0.91% at $196.44 at the last check on Tuesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41582312/apples-introduces-imac-m4-chip-brings-faster-speeds-and-smarter-ai-features" target="_blank" rel="noreferrer noopener">Apple Unveils New iMac: M4 Chip Brings Faster Speeds and Smarter AI Features</a></li>
</ul>
Photo by wakamatsu.h via Shutterstock

Government

Regulations

GOOG

GOOGL

Trump Goes After Taiwan Semiconductor On Joe Rogan Podcast

Former President Donald Trump previously spent four years in the White House, which could help investors know which stocks and sectors could benefit under a second term if he wins the<a href="https://www.benzinga.com/topic/2024-election"> 2024 presidential election.</a>
Here's a look back at the top performing stocks in 2017, Trump's first year in the White House.
Top Performing 2017 Stocks: The stock markets saw impressive gains in 2017, which were among the best ever for a president's <a href="https://www.benzinga.com/markets/futures/18/01/11066769/the-stock-markets-rally-under-trump-among-the-best-ever-heres-how-his">first year in the White House.</a>
The S&amp;P 500, which is tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), gained 21.7% in 2017, an impressive gain to the +12.0% increase in 2016, as presidential election years have historically produced outperformance to other years.
With the potential for Trump to be re-elected in 2024, here's a look back at the top 10 performing stocks in the S&amp;P 500 from 2017, as reported previously by <a href="https://www.marketwatch.com/story/biggest-sp-500-winners-and-losers-of-2017-tech-health-care-and-home-builders-lead-2017-12-29">Marketwatch</a>.
<ol>
<li>NRG Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>): +132%, utilities</li>
<li>Align Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGN#NASDAQ">ALGN</a>): +131%, health care</li>
<li>Vertex Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTX#NASDAQ">VRTX</a>): +103%, health care</li>
<li>Wynn Resorts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>): +95%, consumer discretionary</li>
<li>Boeing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>): +89%, industrials</li>
<li>Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>): +88%, technology</li>
<li>D.R. Horton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>): +87%, consumer discretionary, homebuilders</li>
<li>PayPal Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>): +87%, technology</li>
<li>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>): +81%, technology</li>
<li>Pulte Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHM#NYSE">PHM</a>): 81%, consumer discretionary, homebuilders</li>
</ol>
The top 10 stocks in 2017 likely saw gains related to reasons that didn't have to do with Trump being president, but there are also some common themes and some potential connections to the former president.
The results show that health care, consumer discretionary and technology stocks were among the top-performing sectors.
Of particular note is Micron and Nvidia, both ranking in the top 10, a potential positive for the semiconductor sector under a Trump presidency.
Another key trend could be two homebuilders ranking among the top 10 best-performing stocks in 2017. Homebuilders have been a popular sector to watch under a possible Kamala Harris win with the current vice president and Trump running on a platform of <a href="https://www.benzinga.com/general/politics/24/08/40424431/harris-warns-trump-tax-plan-will-devastate-americans-vows-to-go-after-bad-actors-behind-food-pri">building more homes</a> for the middle class.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent102824">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Why It's Important: While past results don't guarantee future results, sometimes market trends can show patterns and signs of what to come.
Based on the top-performing stocks in 2017, investors may want to prepare for some <a href="https://www.benzinga.com/markets/equities/24/10/41213583/what-a-trump-win-could-mean-for-financial-energy-stocks-lessons-from-2016">exposure to health care</a>, utilities, semiconductors and homebuilders if Trump wins the 2024 election.
With less than two weeks until the 2024 election, investors are likely positioning their portfolios based on a Trump or Harris win in some regards. With a close election predicted, investors may want to look to sectors that could benefit under either candidate.
Freedom Capital Markets Chief Global Strategist Jay Woods previously shared some <a href="https://www.benzinga.com/etfs/sector-etfs/24/08/40515453/exclusive-trump-or-harris-12-stocks-2-etfs-could-win-no-matter-whos-president-says-market-strate">sectors and stocks to watch</a> with Benzinga that could benefit regardless of whether Trump or Harris wins the 2024 election.
Woods named defense stocks and cybersecurity stocks as two of the top sectors to watch ahead of the 2024 election.
"I think you've got to watch this sector closely," Woods said of the defense sector.
Woods said defense stocks could continue to benefit from geopolitical concerns and a lot of bad things happening in the world.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/sports-betting/24/10/41534317/if-trump-wins-2024-election-in-landslide-bettors-could-make-5x-20x-their-bets-at-uk-sports">If Trump Wins 2024 Election In Landslide, Bettors Could Make 5X, 20X Their Bets At UK Sportsbook</a></li>
</ul>
Photo: Shutterstock

These 10 Stocks Were The Best S&P 500 Performers In 2017 When Trump Was President: Will History Repeat Itself?

Bank of America analyst Vivek Arya believes that investments from major cloud service providers in order to meet rising demand for AI will lead to the surge in hyperscale investments in 2025.
Arya&#8217;s picks for semiconductor and AI companies which he expects will best capitalize on this growth, include NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), Marvell Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) and Arm Holdings Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>).
The analyst specifically refers to cloud service providers including Google parent Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Amazon.Com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>).
Arya believes that the hyperscale investments will involve both defensive and offensive spending. Defensive spending is focused on maintaining competitiveness in the market and typically includes projects related to infrastructure, security, and reliability improvements. In contrast, offensive spending aims at company growth and usually involves expanding data center capacity or enhancing artificial intelligence capabilities.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41549147/goldman-sachs-analyst-remains-bullish-on-boeing-despite-weak-q3-long-term-deep-valu">Goldman Sachs Analyst Remains Bullish On Boeing Despite Weak Q3: &#8216;Long-Term Deep-Value Opportunity&#8217;</a>
Price Action: At the time of writing, NVDIA shares are trading 1.03% higher at $141.86, Micron stock is moving 1.15% higher at $108.08, Marvell shares are flat at $81.90 and Arm stock is trading 2.13% higher at $144.05 according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Photo via Shutterstock

Movers

Ahead of Q3 Earnings, Bank of America Names Beneficiaries of Surge in Hyperscale Spending

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/25/24</td>
<td>$142.00</td>
<td>$27.3K</td>
<td>147.0K</td>
<td>238.4K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/25/24</td>
<td>$232.50</td>
<td>$33.2K</td>
<td>11.8K</td>
<td>40.3K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/25/24</td>
<td>$220.00</td>
<td>$36.6K</td>
<td>21.1K</td>
<td>18.3K</td>
</tr>
<tr>
<td>LRCX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$96.00</td>
<td>$27.1K</td>
<td>1.1K</td>
<td>2.0K</td>
</tr>
<tr>
<td>AVGO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$170.00</td>
<td>$26.2K</td>
<td>3.3K</td>
<td>1.2K</td>
</tr>
<tr>
<td>DOCU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$68.00</td>
<td>$40.1K</td>
<td>67</td>
<td>900</td>
</tr>
<tr>
<td>ON</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$75.00</td>
<td>$184.9K</td>
<td>701</td>
<td>835</td>
</tr>
<tr>
<td>MU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$115.00</td>
<td>$37.1K</td>
<td>3.3K</td>
<td>783</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$20.00</td>
<td>$35.6K</td>
<td>2.5K</td>
<td>724</td>
</tr>
<tr>
<td>IONQ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$15.00</td>
<td>$31.5K</td>
<td>3.2K</td>
<td>647</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 225 contract(s) at a $142.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $27.3K, with a price of $122.0 per contract. There were 147077 open contracts at this strike prior to today, and today 238406 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 335 contract(s) at a $232.50 strike. This particular put needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $33.2K, with a price of $99.0 per contract. There were 11862 open contracts at this strike prior to today, and today 40377 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 16 contract(s) at a $220.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $36.6K, with a price of $2290.0 per contract. There were 21118 open contracts at this strike prior to today, and today 18308 contract(s) were bought and sold. 
• Regarding LRCX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>), we observe a call option sweep with bullish sentiment. It expires in 84 day(s) on January 17, 2025. Parties traded 206 contract(s) at a $96.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $27.1K, with a price of $132.0 per contract. There were 1186 open contracts at this strike prior to today, and today 2022 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a put option trade that happens to be bearish, expiring in 7 day(s) on November 1, 2024. This event was a transfer of 150 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $26.2K, with a price of $175.0 per contract. There were 3308 open contracts at this strike prior to today, and today 1232 contract(s) were bought and sold. 
• For DOCU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOCU#NASDAQ">DOCU</a>), we notice a put option sweep that happens to be bearish, expiring in 7 day(s) on November 1, 2024. This event was a transfer of 893 contract(s) at a $68.00 strike. This particular put needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $40.1K, with a price of $45.0 per contract. There were 67 open contracts at this strike prior to today, and today 900 contract(s) were bought and sold. 
• Regarding ON (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>), we observe a call option sweep with bullish sentiment. It expires in 21 day(s) on November 15, 2024. Parties traded 575 contract(s) at a $75.00 strike. This particular call needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $184.9K, with a price of $325.0 per contract. There were 701 open contracts at this strike prior to today, and today 835 contract(s) were bought and sold. 
• For MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we notice a put option sweep that happens to be bearish, expiring in 238 day(s) on June 20, 2025. This event was a transfer of 21 contract(s) at a $115.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $37.1K, with a price of $1770.0 per contract. There were 3331 open contracts at this strike prior to today, and today 783 contract(s) were bought and sold. 
• For MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we notice a call option sweep that happens to be bearish, expiring in 238 day(s) on June 20, 2025. This event was a transfer of 75 contract(s) at a $20.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $35.6K, with a price of $475.0 per contract. There were 2529 open contracts at this strike prior to today, and today 724 contract(s) were bought and sold. 
• For IONQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>), we notice a call option sweep that happens to be bearish, expiring in 56 day(s) on December 20, 2024. This event was a transfer of 90 contract(s) at a $15.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $31.5K, with a price of $350.0 per contract. There were 3275 open contracts at this strike prior to today, and today 647 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

DOCU

IONQ

MARA

Shares of semiconductor and chip stocks are trading higher. Strength may be in sympathy with Western Digital, which reported a Q1 earnings beat. Additionally, tech stocks may be up amid a drop in yields.

Chip stocks, including Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Micron Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), Monolithic Power Systems, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>), Marvell Technology, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) and ON Semiconductor Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>), are trading higher Friday.
The move is in sympathy with Western Digital Corp&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>) rally following its upbeat quarterly print.
On Thursday, Western Digital reported <a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41531805/western-digital-shares-rally-after-q1-results-eps-beat-revenues-miss" rel="noreferrer noopener">first-quarter EPS</a> of $1.78, which beat the analyst consensus of $1.73. Quarterly revenue of $4.09 billion trailed the consensus estimate of $4.12 billion compared to $2.75 billion a year ago.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41339315/nvidia-and-intel-competition-threaten-amds-growth-analyst-says" rel="noreferrer noopener">Nvidia and Intel Competition Threaten AMD&#8217;s Growth, Analyst Says</a>
Western Digital expects second-quarter revenue of $4.2 billion-$4.4 billion, versus the $4.35 billion estimate, and adjusted EPS of $1.75-$2.05, versus the $1.95 estimate.
KeyBanc analyst John Vinh <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41235547/nvidia-amd-lead-the-pack-broadcom-stable-intel-falters-analysts-latest-take" rel="noreferrer noopener">recently flagged mixed performance</a> in the semiconductor supply chain, revising several estimates and price targets. Despite weak analog markets, he cited signs of recovery in automotive and robust demand in traditional servers and AI, with Nvidia&#8217;s Blackwell launch on track for the fourth quarter.
Vinh downgraded Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) and Synaptics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYNA#NASDAQ">SYNA</a>) to Sector Weight, pointing to Qualcomm&#8217;s market share loss to MediaTek due to price competition and Synaptics&#8217; challenges in IoT against local competitor HiSilicon.
He highlighted Nvidia and AMD positively for their robust AI and server demand, whereas Micron, Monolithic Power, Marvell, and Intel face headwinds from market share losses and intensifying competition.
<h2 class="wp-block-heading">Western Digital Stock Prediction For 2024</h2>
Equity research can be a valuable source of information for learning about a company's fundamentals. Analysts create financial models based on the fundamentals and expected future earnings of a company to arrive at a price target and recommendation for the stock.
Shares of Western Digital have an average 1-year price target of $92.07, representing an expected upside of 27.01%.
Because of differences in assumptions, analysts can arrive at very different price targets and recommendations. No analysts have bearish recommendations on Western Digital, while 12 analysts have bullish ratings. The street high price target from Rosenblatt is $115.0, while the street low from Susquehanna is $75.0.
Price Actions: At last check Friday, NVDA stock was up 2.13% at $143.33. AMD stock is up 3.09%, AVGO stock is up 2.47%, MU is up 2.80%, TSM is up 2.64%, ON is up 3.17%, and INTC stock is up 3.69%.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41357485/intel-partners-with-amd-to-counter-arms-rising-dominance-in-computing" target="_blank" rel="noreferrer noopener">Intel Partners With AMD To Counter Arm&#8217;s Rising Dominance in Computing</a></li>
</ul>
Photo via Shutterstock

MPWR

SYNA

What's Going On With Nvidia, AMD And Other Chip Stocks On Friday?

Disclosed on October 23, Michael Bokan, SVP at Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: Bokan's decision to sell 10,000 shares of Micron Technology was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000723125/000156218024007438//Archives/edgar/data/723125/000156218024007438/0001562180-24-007438-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value of the sale is $1,090,300.
The latest update on Thursday morning shows Micron Technology shares up by 1.75%, trading at $106.89.
<h3>Delving into Micron Technology's Background</h3>
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
<h3>Financial Insights: Micron Technology</h3>
Revenue Growth: Micron Technology displayed positive results in 3 months. As of 31 August, 2024, the company achieved a solid revenue growth rate of approximately 93.27%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company shows a low gross margin of 35.32%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Micron Technology's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.8.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.31.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a higher-than-average P/E ratio of 150.07, Micron Technology's stock is perceived as being overvalued in the market.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 4.68, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Micron Technology's EV/EBITDA ratio at 12.77 suggests potential undervaluation, falling below industry averages.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
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<h3>Why Insider Transactions Are Important</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Navigating the World of Insider Transaction Codes</h3>
Surveying the realm of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000723125">Check Out The Full List Of Micron Technology's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Insider Decision: Michael Bokan Offloads $1.09M Worth Of Micron Technology Stock

Amidst today's fast-paced and highly competitive business environment, it is crucial for investors and industry enthusiasts to conduct comprehensive company evaluations. In this article, we will delve into an extensive industry comparison, evaluating Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) in comparison to its major competitors within the Semiconductors &amp; Semiconductor Equipment industry. By analyzing critical financial metrics, market position, and growth potential, our objective is to provide valuable insights for investors and offer a deeper understanding of company's performance in the industry.
<h3>Micron Technology Background</h3>
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
<table>
<thead>
<tr>
<th>Company</th>
<th>P/E</th>
<th>P/B</th>
<th>P/S</th>
<th>ROE</th>
<th>EBITDA (in billions)</th>
<th>Gross Profit (in billions)</th>
<th>Revenue Growth</th>
</tr>
</thead>
<tbody>
<tr>
<td>Micron Technology Inc</td>
<td>150.07</td>
<td>2.58</td>
<td>4.68</td>
<td>1.99%</td>
<td>$3.63</td>
<td>$2.74</td>
<td>93.27%</td>
</tr>
<tr>
<td>NVIDIA Corp</td>
<td>65.43</td>
<td>58.86</td>
<td>36.08</td>
<td>30.94%</td>
<td>$19.71</td>
<td>$22.57</td>
<td>122.4%</td>
</tr>
<tr>
<td>Taiwan Semiconductor Manufacturing Co Ltd</td>
<td>35.69</td>
<td>8.37</td>
<td>13.70</td>
<td>8.36%</td>
<td>$360.77</td>
<td>$439.35</td>
<td>38.95%</td>
</tr>
<tr>
<td>Broadcom Inc</td>
<td>140.15</td>
<td>12.34</td>
<td>17.18</td>
<td>-2.77%</td>
<td>$6.39</td>
<td>$8.36</td>
<td>47.27%</td>
</tr>
<tr>
<td>Advanced Micro Devices Inc</td>
<td>182.04</td>
<td>4.38</td>
<td>10.76</td>
<td>0.47%</td>
<td>$1.12</td>
<td>$2.86</td>
<td>8.88%</td>
</tr>
<tr>
<td>Qualcomm Inc</td>
<td>21.30</td>
<td>7.52</td>
<td>5.04</td>
<td>8.67%</td>
<td>$2.87</td>
<td>$5.22</td>
<td>11.15%</td>
</tr>
<tr>
<td>Texas Instruments Inc</td>
<td>34.96</td>
<td>10.66</td>
<td>11.50</td>
<td>6.59%</td>
<td>$1.76</td>
<td>$2.21</td>
<td>-15.65%</td>
</tr>
<tr>
<td>ARM Holdings PLC</td>
<td>351.99</td>
<td>26.35</td>
<td>42.68</td>
<td>4.07%</td>
<td>$0.23</td>
<td>$0.91</td>
<td>39.11%</td>
</tr>
<tr>
<td>Analog Devices Inc</td>
<td>68.33</td>
<td>3.20</td>
<td>11.67</td>
<td>1.11%</td>
<td>$1.04</td>
<td>$1.31</td>
<td>-24.84%</td>
</tr>
<tr>
<td>Intel Corp</td>
<td>91.58</td>
<td>0.82</td>
<td>1.70</td>
<td>-1.46%</td>
<td>$0.86</td>
<td>$4.55</td>
<td>-0.9%</td>
</tr>
<tr>
<td>Monolithic Power Systems Inc</td>
<td>105.20</td>
<td>19.62</td>
<td>22.81</td>
<td>4.66%</td>
<td>$0.13</td>
<td>$0.28</td>
<td>15.03%</td>
</tr>
<tr>
<td>Microchip Technology Inc</td>
<td>29.99</td>
<td>6.30</td>
<td>6.24</td>
<td>1.98%</td>
<td>$0.41</td>
<td>$0.74</td>
<td>-45.76%</td>
</tr>
<tr>
<td>ON Semiconductor Corp</td>
<td>15.48</td>
<td>3.49</td>
<td>3.84</td>
<td>4.11%</td>
<td>$0.58</td>
<td>$0.78</td>
<td>-17.15%</td>
</tr>
<tr>
<td>STMicroelectronics NV</td>
<td>7.34</td>
<td>1.41</td>
<td>1.71</td>
<td>3.51%</td>
<td>$1.31</td>
<td>$1.15</td>
<td>-25.29%</td>
</tr>
<tr>
<td>ASE Technology Holding Co Ltd</td>
<td>20.36</td>
<td>2.33</td>
<td>1.21</td>
<td>2.62%</td>
<td>$26.08</td>
<td>$23.07</td>
<td>2.91%</td>
</tr>
<tr>
<td>GLOBALFOUNDRIES Inc</td>
<td>26.28</td>
<td>1.88</td>
<td>3.10</td>
<td>1.38%</td>
<td>$0.56</td>
<td>$0.4</td>
<td>-11.54%</td>
</tr>
<tr>
<td>First Solar Inc</td>
<td>17.18</td>
<td>2.84</td>
<td>5.49</td>
<td>4.94%</td>
<td>$0.48</td>
<td>$0.5</td>
<td>24.65%</td>
</tr>
<tr>
<td>United Microelectronics Corp</td>
<td>11.71</td>
<td>1.74</td>
<td>2.74</td>
<td>3.76%</td>
<td>$27.9</td>
<td>$19.98</td>
<td>0.89%</td>
</tr>
<tr>
<td>Skyworks Solutions Inc</td>
<td>19.62</td>
<td>2.39</td>
<td>3.50</td>
<td>1.9%</td>
<td>$0.25</td>
<td>$0.36</td>
<td>-15.47%</td>
</tr>
<tr>
<td>Universal Display Corp</td>
<td>43.10</td>
<td>6.24</td>
<td>15.35</td>
<td>3.47%</td>
<td>$0.07</td>
<td>$0.12</td>
<td>8.15%</td>
</tr>
<tr>
<td>MACOM Technology Solutions Holdings Inc</td>
<td>116.74</td>
<td>7.72</td>
<td>12.40</td>
<td>1.88%</td>
<td>$0.04</td>
<td>$0.1</td>
<td>28.25%</td>
</tr>
<tr>
<td>Lattice Semiconductor Corp</td>
<td>39.02</td>
<td>10.46</td>
<td>11.76</td>
<td>3.28%</td>
<td>$0.04</td>
<td>$0.08</td>
<td>-34.72%</td>
</tr>
<tr>
<td>Average</td>
<td>68.74</td>
<td>9.47</td>
<td>11.45</td>
<td>4.45%</td>
<td>$21.55</td>
<td>$25.47</td>
<td>7.44%</td>
</tr>
</tbody>
</table>
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 </style>By conducting a comprehensive analysis of Micron Technology, the following trends become evident: 
<ul>
<li>
The current Price to Earnings ratio of 150.07 is 2.18x higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment.
</li>
<li>
The current Price to Book ratio of 2.58, which is 0.27x the industry average, is substantially lower than the industry average, indicating potential undervaluation.
</li>
<li>
Based on its sales performance, the stock could be deemed undervalued with a Price to Sales ratio of 4.68, which is 0.41x the industry average.
</li>
<li>
With a Return on Equity (ROE) of 1.99% that is 2.46% below the industry average, it appears that the company exhibits potential inefficiency in utilizing equity to generate profits.
</li>
<li>
With lower Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $3.63 Billion, which is 0.17x below the industry average, the company may face lower profitability or financial challenges.
</li>
<li>
The company has lower gross profit of $2.74 Billion, which indicates 0.11x below the industry average. This potentially indicates lower revenue after accounting for production costs.
</li>
<li>
The company is experiencing remarkable revenue growth, with a rate of 93.27%, outperforming the industry average of 7.44%.
</li>
</ul>
<h3>Debt To Equity Ratio</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729782042_0.png" alt="debt to equity" />
The debt-to-equity (D/E) ratio assesses the extent to which a company relies on borrowed funds compared to its equity.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
By analyzing Micron Technology in relation to its top 4 peers based on the Debt-to-Equity ratio, the following insights can be derived:
<ul>
<li>
Micron Technology has a stronger financial position compared to its top 4 peers, as evidenced by its lower debt-to-equity ratio of 0.31.
</li>
<li>
This suggests that the company has a more favorable balance between debt and equity, which can be perceived as a positive indicator by investors.
</li>
</ul>
<h3>Key Takeaways</h3>
For Micron Technology, the PE ratio is high compared to its peers, indicating potential overvaluation. The PB ratio is low, suggesting the stock may be undervalued based on its book value. The PS ratio is also low, indicating a favorable valuation based on sales. In terms of ROE, EBITDA, gross profit, and revenue growth, Micron Technology lags behind its industry peers, signaling weaker financial performance and growth prospects.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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