NEW YORK, NY / ACCESSWIRE / April 25, 2017 / Intel and Micron Technology are both respectable leaders in the technology industry that made big announcements this week. Micron has teamed up with Microsoft to address internet security, while Intel announced the retail release of Optane memory that can speed up load times. Investors are curious to know if the product will live up to all of the performance claims Intel has promised.

RDI Initiates Coverage on:

Intel Corporation
https://ub.rdinvesting.com/news/?ticker=INTC

Micron Technology, Inc.
https://ub.rdinvesting.com/news/?ticker=MU

Intel shares closed up 1.18% on Monday after the company announced the retail availability of Optane memory. According to the tech giant's claims, Optane memory can speed up load times for everything from web browsers to games. It is the second product to use Intel's 3D XPoint technology. Intel says by installing Optane memory, it can enable productivity apps to load up to 5.8X faster. The company is set to report first-quarter 2017 results on Apr 27, after the closing bell. In the last quarter, Intel posted a positive earnings surprise of 5.33% where non-GAAP earnings of 79 cents per share increased almost 4% from the year-ago quarter but declined 1.3% sequentially. The company has reported a positive surprise record of earnings in the last four quarters, with an average surprise of 9.11%.

Access RDI's Intel Corporation Research Report at:
https://ub.rdinvesting.com/news/?ticker=INTC

Micron Technology shares closed down 2.75% on Monday, despite announcing a collaboration with Microsoft that aims to address the major challenge of providing trusted computing models for IoT deployments in industrial, automotive and consumer environments. The collaboration offers a solution that will utilize a hardware 'root of trust' integrated into Micron's flash memory in the IoT device along with the Microsoft Azure IoT cloud to establish a strong trusted link between that IoT device and the cloud. It's been a month since Micron reported second-quarter fiscal 2017 adjusted earnings per share (excluding the impact of one-time items but including stock-based compensation expense) of $0.77 that met the Zacks Consensus Estimate.

Access RDI's Micron Technology, Inc. Research Report at:
https://ub.rdinvesting.com/news/?ticker=MU

Our Actionable Research on Intel Corporation (NASDAQ: INTC) and Micron Technology, Inc. (NASDAQ: MU) can be downloaded free of charge at Research Driven Investing.

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