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Why China’s DUV Push Hit ASML (ASML) and Micron (MU) for Different Reasons
Insider Monkey18d agoneutral
Why China’s DUV Push Hit ASML (ASML) and Micron (MU) for Different Reasons

China has started producing domestic immersion deep-ultraviolet lithography tools, Reuters reported on July 28. State-backed Shanghai Aishengna Electronic Technology Group plans to deliver machines to Semiconductor Manufacturing International, Hua Hong Semiconductor and memory producer ChangXin Memory Technologies. Production is expected to remain small, at roughly five systems in 2026 and about 20 in 2027. The […]

Micron (MU) Stock Looks Above Fair Value On Cash Flow But Below Fair Value On Earnings
Simply Wall St.18d agoneutral
Micron (MU) Stock Looks Above Fair Value On Cash Flow But Below Fair Value On Earnings

Micron Technology stock has delivered a very large gain of roughly 11x over the past three years, yet its valuation signals are split, with the Discounted Cash Flow (DCF) intrinsic value estimate pointing to a premium while market multiples still screen the stock as relatively inexpensive against peers. Micron Technology has returned about 11x over three years, which puts extra focus on whether current expectations already embed much of that success. Ongoing investment in high bandwidth...