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Yahoo
3 days ago
- Business
- Yahoo
UBS Raises Price Target on Micron (MU), Keeps Buy Rating
Micron Technology, Inc. (NASDAQ:MU) is one of the 10 Best American Semiconductor Stocks to Buy Now. On June 5, UBS analysts increased the price target for Micron Technology, Inc. (NASDAQ:MU) from $92 to $120 and kept a 'Buy' rating. This decision came after a round of industry checks that showed a more stable demand environment for DDR across various end markets. This stability is supported by not only smartphones and PCs, but also by increased demand for server DDR5 from hyperscalers. UBS analysts expect the average selling price of DDR to increase by 7% in the second quarter and by 3% in the third quarter. The analysts did not change the price expectations for NAND, but they pointed out that if suppliers keep their supply disciplined, it could have a positive impact. A close-up view of a computer motherboard with integrated semiconductor chips. Additionally, UBS adjusted its forecast for High Bandwidth Memory (HBM) demand while noting that the ramp-up of AI chips like Google's TPU v6e/v7 and AWS's Trainium 3 is slower than expected. UBS analysts expect industry demand of about 16.3 billion gigabits of HBM in 2025 and 25.4 billion gigabits in 2026. Micron Technology, Inc. (NASDAQ:MU) is expected to ship its HBM3E 12-Hi to NVIDIA in June, which is later than the previously expected time of April or May. UBS analysts believe this delay will only have a limited impact on the company's topline. However, they think Micron Technology, Inc. (NASDAQ:MU) could grow if the market becomes more confident in the company's earnings potential for 2026 and later. Micron Technology, Inc. (NASDAQ:MU) is a leading semiconductor technology company that is known for its innovative memory and storage solutions. While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
UBS Raises Price Target on Micron (MU), Keeps Buy Rating
Micron Technology, Inc. (NASDAQ:MU) is one of the 10 Best American Semiconductor Stocks to Buy Now. On June 5, UBS analysts increased the price target for Micron Technology, Inc. (NASDAQ:MU) from $92 to $120 and kept a 'Buy' rating. This decision came after a round of industry checks that showed a more stable demand environment for DDR across various end markets. This stability is supported by not only smartphones and PCs, but also by increased demand for server DDR5 from hyperscalers. UBS analysts expect the average selling price of DDR to increase by 7% in the second quarter and by 3% in the third quarter. The analysts did not change the price expectations for NAND, but they pointed out that if suppliers keep their supply disciplined, it could have a positive impact. A close-up view of a computer motherboard with integrated semiconductor chips. Additionally, UBS adjusted its forecast for High Bandwidth Memory (HBM) demand while noting that the ramp-up of AI chips like Google's TPU v6e/v7 and AWS's Trainium 3 is slower than expected. UBS analysts expect industry demand of about 16.3 billion gigabits of HBM in 2025 and 25.4 billion gigabits in 2026. Micron Technology, Inc. (NASDAQ:MU) is expected to ship its HBM3E 12-Hi to NVIDIA in June, which is later than the previously expected time of April or May. UBS analysts believe this delay will only have a limited impact on the company's topline. However, they think Micron Technology, Inc. (NASDAQ:MU) could grow if the market becomes more confident in the company's earnings potential for 2026 and later. Micron Technology, Inc. (NASDAQ:MU) is a leading semiconductor technology company that is known for its innovative memory and storage solutions. While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Hindustan Times
08-06-2025
- Business
- Hindustan Times
Farmers first: Rules framed to check wily loan sharks
MUMBAI: Given Maharashtra's history of suicides among farmers – approximately 2700 to 2800 each year for the last seven to eight years – and growing complaints of extra interest rates being levied on farm loans followed by land grabs, the state government has devised a method to keep private money lenders in check. The state's co-operation department has made it mandatory for the 12,000-odd private money lenders to display the details of their licence numbers and the interest charged on loans on a board outside their offices or shops, and has warned of strict action should they fail to comply. There are more than 12,000 private money lenders registered under Maharashtra Money Lending (Regulation) Act 2014, who disburse a corpus of annual lending to farmers and people from the lower strata adding up to ₹1000 crore, annually. Loans are given for both agricultural and non-agricultural reasons, such as construction of houses, marriages of children etc, at varying interest rates. Money lent to farmers at 9% interest comes with mortgaged land while without mortgage the loan is disbursed at 12% interest rate. According to the Act, non-farmers, such as labourers and small business holders, are charged 3% more than the rate applicable to farmers, which stands at 15% to 18% for mortgaged and non-mortgaged loans respectively. Despite defined rules, the state government has routinely received complaints of exploitation of farmers by private money lenders, who purportedly loot them taking advantage of their illiteracy. Therefore, the co-operation department has issued the circular for money lenders to follow on June 2. 'The money lenders have been mandated to display the lending rates and licence numbers outside their offices on specified sized boards no later than June 15. The deputy district registrars (DDR) of the co-operation department have been asked to take action against the violations by the lenders,' said Praveen Darade, principal secretary, co-operation department. DDRs have been asked to submit reports of compliance by the lenders in their district with photographic evidence. 'The DDR will not renew the licences, which is mandatory every year, unless lenders adhere to the rules,' said another official from the department. Money lenders who fail to comply by the rules or unregistered money lenders in business will face action. 'The lending by anybody not holding a licence is illegal and will attract action under the Act. We have been getting complaints of land grabbing by such entities when farmers fail to repay their loans. Since the Act came into force in 2014, the government has given over 750 hectares of farm land back to the farmers grabbed by the lenders,' said another officer from the department. The state government is also tweaking its order to delegate power at lower levels for effective action against the illegal lenders. 'All districts have committees comprising collector, superintendent of police (SP) and DDR constituted to take stock of the complaints against the illegal lenders. Since the collectors and SPs are overburdened, we are asking them to delegate powers to their deputies such as additional collectors or additional SPs, and make them a part of the committees. It would help us in effective and speedy action against the illegal leaders,' the officer added.


Hindustan Times
02-06-2025
- Hindustan Times
Chandigarh: High court orders FIR in case of missing law intern
Following directions from the Punjab and Haryana high court, the Chandigarh Police have registered an FIR into the disappearance of a 21-year-old law intern who went missing from the Punjab and Haryana high court premises on March 17. The order to register an FIR in the case was passed by justice Rajesh Bhardwaj on May 22, following a petition filed by Hardik Sharma's father, Inderjeet Kumar. Inderjeet Kumar, a New Chandigarh resident and professional photographer, reported his son's disappearance after Hardik, who was undergoing apprenticeship training at the high court, failed to return on the afternoon of March 17. A Daily Diary Report (DDR) was initially filed at Sector 3 police station on March 18, but no significant progress was made until the court intervened. In his complaint, Inderjeet shared details of a threatening call he received on the day of Hardik's disappearance. The caller, identifying himself as Sunil Kumar, claimed to be the father of a girl named Sania and accused Hardik of eloping with his daughter. The caller issued severe threats, saying he would 'kill him and drown him in a river'. Another individual, identified as Harvinder Singh alias Harry of Sector 127, Mohali, also allegedly threatened Hardik and warned him to stay away from Sania. Inderjeet believes that both Sunil Kumar, from Dharamshala, Himachal Pradesh, and Harvinder Singh are involved in detaining his son at an undisclosed location. Upon the court's order, the Chandigarh Police have registered a case under Section 140(3) of the Bharatiya Nyaya Sanhita. Authorities are actively pursuing leads and making efforts to locate Hardik and hold those responsible accountable.

30-05-2025
- Entertainment
Don Darryl Rivera talks bringing 'Aladdin' to life on Broadway
Known as DDR, the actor who originated the role of Iago talks about playing the iconic villain in Disney's Broadway hit, "Aladdin."