Problem is that internal deman

Like
Comment
Favorite

StockPredictor
2023-05-24

Problem is that internal demand is very weak now..

Micron Stock Sinks on China Sales Ban. Why Intel, Nvidia, AMD Look Safe for Now

Micron Technology shares fell on Monday following news it faces a ban on selling chips to some Chine

Micron Stock Sinks on China Sales Ban. Why Intel, Nvidia, AMD Look Safe for Now

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

No comments yet

Most Discussed

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":9970440826,"tweetId":"9970440826","gmtCreate":1684859999966,"gmtModify":1684860004125,"author":{"id":3581752092884229,"idStr":"3581752092884229","authorId":3581752092884229,"authorIdStr":"3581752092884229","name":"StockPredictor","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.80%","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":3,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>Problem is that&nbsp; internal demand is very weak now..</p></body></html>","htmlText":"<html><head></head><body><p>Problem is that&nbsp; internal demand is very weak now..</p></body></html>","text":"Problem is that internal demand is very weak now..","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9970440826","repostId":2337644771,"repostType":4,"repost":{"id":"2337644771","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1684757316,"share":"https://ttm.financial/m/news/2337644771?lang=en_US&edition=fundamental","pubTime":"2023-05-22 20:08","market":"us","language":"en","title":"Micron Stock Sinks on China Sales Ban. Why Intel, Nvidia, AMD Look Safe for Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2337644771","media":"Dow Jones","summary":"Micron Technology shares fell on Monday following news it faces a ban on selling chips to some Chine","content":"<html><head></head><body><p>Micron Technology shares fell on Monday following news it faces a ban on selling chips to some Chinese companies. It&#39;s could be seen as one of the biggest retaliations so far by China against U.S. efforts to restrict exports of advanced semiconductor technology to the country.</p><p>China&#39;s Cyberspace Administration told companies involved in the country&#39;s critical information systems to stop buying chips from U.S.-based Micron (ticker: MU), saying they pose a &#34;major security risk, &#34; without elaborating. The ban is needed to protect national security, the agency said on an English-language version of its website.</p><p>The move could be a serious hit to business for the largest American chip maker, which generated 25% of its $30.8 billion in revenue from mainland China and Hong Kong in 2022.</p><p>Micron shares were down 5.7% in premarket trading on Monday. The stock is up 36% this year so far.</p><p>Back in March, Chinese authorities said they were reviewing Micron, which knocked the shares down by close to 10% at the time. However, Micron&#39;s shares have subsequently recovered on expectations that its South Korean rivals Samsung Electronics (005930.Korea) and SK Hynix (000660.Korea) will cut production of their memory chips, easing a supply glut in the industry.</p><p>Micron is a relatively easy target for retaliation in exchange for U.S. restrictions on advanced semiconductor exports to China due to the availability of other memory-chip suppliers. However, replacements for chips of the type provided by U.S. companies Intel <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a>, Advanced Micro Devices <a href=\"https://laohu8.com/S/AMD\">$(AMD)$</a> and Nvidia <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a> are likely to be harder to find.</p><p>Chinese chip manufacturer Ingenic Semiconductor (300223.China) closed up 2.8% in Shenzhen on Monday after the news of the Micron decision, while Semiconductor Manufacturing International Corp (0981.H.K.), or SMIC, was up 1.2% in Hong Kong.</p><p>Micron said it was evaluating the decision and assessing its next steps, and looked forward to engaging in talks with Chinese authorities, reported The Wall Street Journal. Micron didn&#39;t immediately respond to a request for comment from Barron&#39;s early on Monday.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Micron Stock Sinks on China Sales Ban. Why Intel, Nvidia, AMD Look Safe for Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicron Stock Sinks on China Sales Ban. Why Intel, Nvidia, AMD Look Safe for Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-05-22 20:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Micron Technology shares fell on Monday following news it faces a ban on selling chips to some Chinese companies. It&#39;s could be seen as one of the biggest retaliations so far by China against U.S. efforts to restrict exports of advanced semiconductor technology to the country.</p><p>China&#39;s Cyberspace Administration told companies involved in the country&#39;s critical information systems to stop buying chips from U.S.-based Micron (ticker: MU), saying they pose a &#34;major security risk, &#34; without elaborating. The ban is needed to protect national security, the agency said on an English-language version of its website.</p><p>The move could be a serious hit to business for the largest American chip maker, which generated 25% of its $30.8 billion in revenue from mainland China and Hong Kong in 2022.</p><p>Micron shares were down 5.7% in premarket trading on Monday. The stock is up 36% this year so far.</p><p>Back in March, Chinese authorities said they were reviewing Micron, which knocked the shares down by close to 10% at the time. However, Micron&#39;s shares have subsequently recovered on expectations that its South Korean rivals Samsung Electronics (005930.Korea) and SK Hynix (000660.Korea) will cut production of their memory chips, easing a supply glut in the industry.</p><p>Micron is a relatively easy target for retaliation in exchange for U.S. restrictions on advanced semiconductor exports to China due to the availability of other memory-chip suppliers. However, replacements for chips of the type provided by U.S. companies Intel <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a>, Advanced Micro Devices <a href=\"https://laohu8.com/S/AMD\">$(AMD)$</a> and Nvidia <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a> are likely to be harder to find.</p><p>Chinese chip manufacturer Ingenic Semiconductor (300223.China) closed up 2.8% in Shenzhen on Monday after the news of the Micron decision, while Semiconductor Manufacturing International Corp (0981.H.K.), or SMIC, was up 1.2% in Hong Kong.</p><p>Micron said it was evaluating the decision and assessing its next steps, and looked forward to engaging in talks with Chinese authorities, reported The Wall Street Journal. Micron didn&#39;t immediately respond to a request for comment from Barron&#39;s early on Monday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","INTC":"英特尔","MU":"美光科技","NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2337644771","content_text":"Micron Technology shares fell on Monday following news it faces a ban on selling chips to some Chinese companies. It's could be seen as one of the biggest retaliations so far by China against U.S. efforts to restrict exports of advanced semiconductor technology to the country.China's Cyberspace Administration told companies involved in the country's critical information systems to stop buying chips from U.S.-based Micron (ticker: MU), saying they pose a \"major security risk, \" without elaborating. The ban is needed to protect national security, the agency said on an English-language version of its website.The move could be a serious hit to business for the largest American chip maker, which generated 25% of its $30.8 billion in revenue from mainland China and Hong Kong in 2022.Micron shares were down 5.7% in premarket trading on Monday. The stock is up 36% this year so far.Back in March, Chinese authorities said they were reviewing Micron, which knocked the shares down by close to 10% at the time. However, Micron's shares have subsequently recovered on expectations that its South Korean rivals Samsung Electronics (005930.Korea) and SK Hynix (000660.Korea) will cut production of their memory chips, easing a supply glut in the industry.Micron is a relatively easy target for retaliation in exchange for U.S. restrictions on advanced semiconductor exports to China due to the availability of other memory-chip suppliers. However, replacements for chips of the type provided by U.S. companies Intel $(INTC)$, Advanced Micro Devices $(AMD)$ and Nvidia $(NVDA)$ are likely to be harder to find.Chinese chip manufacturer Ingenic Semiconductor (300223.China) closed up 2.8% in Shenzhen on Monday after the news of the Micron decision, while Semiconductor Manufacturing International Corp (0981.H.K.), or SMIC, was up 1.2% in Hong Kong.Micron said it was evaluating the decision and assessing its next steps, and looked forward to engaging in talks with Chinese authorities, reported The Wall Street Journal. Micron didn't immediately respond to a request for comment from Barron's early on Monday.","news_type":1,"symbols_score_info":{"AMD":1,"INTC":1,"NVDA":1,"MU":0.9}},"isVote":1,"tweetType":1,"viewCount":1877,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":42,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}