Geopolitics Alpha

Micron wins praise from Elon Musk for not being too greedy

Published . Updated .

Top memory-chip providers have ample room to raise prices further, but Musk thinks Micron isn’t squeezing its customers to an excessive degree.

Directly affected

  • MU Micron Technology

    Named in this report.

Indirectly affected

  • NVDA NVIDIA

    Chip makers and their suppliers move when export rules or Taiwan risk changes

  • TSM Taiwan Semiconductor

    The main advanced-chip manufacturer sits in Taiwan

  • ASML ASML

    Chipmaking-equipment sales follow export rules

  • AVGO Broadcom

    Chip makers and their suppliers move when export rules or Taiwan risk changes

  • AMD AMD

    Chip makers and their suppliers move when export rules or Taiwan risk changes

  • AMAT Applied Materials

    Chip-equipment makers feel export controls

  • LRCX Lam Research

    Chip-equipment makers feel export controls

  • SMH VanEck Semiconductor

    A fund of semiconductor companies

  • SOXX iShares Semiconductor

    A fund of semiconductor companies

  • QQQ Invesco QQQ

    Big tech moves with chip-supply risk

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
MU———————
NVDA———————
TSM———————
ASML———————
AVGO———————
AMD———————
AMAT———————
LRCX———————
SMH———————
SOXX———————
QQQ———————

Top memory-chip providers have ample room to raise prices further, but Musk thinks Micron isn’t squeezing its customers to an excessive degree.

Source: MarketWatch

Semiconductors

SPY

How solid the semiconductors case looks

12 out of 100

“Micron wins praise from Elon Musk for not being too greedy” scores 12 out of 100. The score uses 1 sources.