What they are saying about Technology

bizEDGE NZ – Intel and Micron make memory tech breakthrough

Intel and Micron Technology have made a breakthrough in memory process technology, spurred on by growing demands of businesses around the world.

The duo have unveiled 3D xPoint technology, which is a non-volatile memory that has the potential to revolutionise any device, application or service that benefits from fast access to large sets of data.

This is the first new memory category since the introduction of NAND flash in 1989.

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Piper Jaffray Maintains Micron Technology MU to Overweight with Price Target $25.00 | News Watch International

Brokerage firm Piper Jaffray Maintains its rating on Micron Technology(NASDAQ:MU). As per the latest information, Piper Jaffray Lowers the price target to $25.00 per share from a prior target of $30.00. The shares have been rated Overweight. The rating by Piper Jaffray was issued on Aug 11, 2015.
Micron Technology, Inc. (NASDAQ:MU): The mean estimate for the short term price target for Micron Technology, Inc. (NASDAQ:MU) stands at $31.09 according to 27 Analysts. The higher price target estimate for the stock has been calculated at $40 while the lower price target estimate is at $19. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, The Securities and Exchange Commission has divulged that Bailey Robert L, director of Micron Technology Inc, had unloaded 4,000

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Weather scrubs launch of student experiments to space – CNN.com

(CNN)College students eager to see their experiments fly in space will have to wait at least one more day after weather forced NASA to scrub plans for a scheduled Tuesday launch from eastern Virginia's Wallops Flight Facility.

The experiments include testing a cheaper way to beam payload data back to controllers on the ground, research on crystal growth in microgravity and the first 3-D printer on an unmanned rocket.

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Micron Technology, Inc. (MU) Price Target Lowered To $33 At Jefferies

Analysts at Jefferies have reiterated a Buy rating on Micron Technology, Inc. (NASDAQ:MU) and have revised the price target on the stock from $36 to $33, highlighting continued company-specific challenges. The analysts believe that despite the underwhelming demand and weakness in the PC segment, Micron can outperform the market in the next 12 to 18 months.

The sell-side firm has further reduced Micron’s near-term estimates in order to account for the existing lower Dynamic Random Access Memory DRAM average selling price (ASP). Jefferies has lowered its earnings per share (EPS) estimates for FY16 from $3.65 to $3. However, the research firm believes that Micron’s upcoming 20nm product execution can provide a swing factor for EPS in the near term.

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INSIGHT: New memory tech will accelerate the big data arms race – Computerworld New Zealand


Intel and Micron’s announcement of a new memory technology, 3D XPoint, will add further momentum to the adoption of in-memory processing of large data sets and extend the scope of real-time analytics to a wider set of business processes.

It is a timely reminder of the compounding effect of hardware and software innovation that continues to push the boundaries of information technology.

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