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Rafferty Asset Management LLC reduced its holdings in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 1.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,180,371 shares of the semiconductor manufacturer’s stock after selling 40,517 shares during the quarter. Micron Technology makes […]
Chip stocks led by Nvidia Corp (NASDAQ:NVDA), Advanced Micro Devices, Inc (NASDAQ:AMD), Qualcomm Inc (NASDAQ:QCOM), Micron Technology, Inc (NASDAQ:MU) and Arm Holdings Plc (NASDAQ:ARM) were trading lower Tuesday amid reports of Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) plans to boost the price of its AI chip production services. TSMC stock also traded lower on Tuesday. U.S. Big Tech stocks harboring AI ambitions are also trading lower Tuesday, including Microsoft Corp (NASDAQ:MSFT), Met
Crestline Management LP reduced its stake in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 51.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 60,000 shares of the semiconductor manufacturer’s stock after selling 63,000 shares during the period. Crestline Management LP’s holdings in Micron Technology were worth $5,120,000 at the end of […]
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The Dow and S&P 500 were lower at midday Monday, June 3, 2024 amid concerns about the economy as a report showed the manufacturing sector contracted in May.
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Nvidia shares gained Monday after the chipmaker unveiled its next-generation artificial intelligence platform, leading analysts to lift their price target for Nvidia stock, citing even stronger growth opportunities ahead.