Morgan Stanley's Tuesday report on semiconductor chips and processors was rather positive on some companies, but the firm also grew more cautious on others.
Tuesday's top analyst upgrades and downgrades included Advanced Micro Devices, Alcoa, Apple, Broadwind, Cogent Communications, Intel, Micron Technology, Netflix, Nvidia, Qualcomm, Square and Zscaler.
Wednesday's top analyst upgrades and downgrades Apple, Boeing, Chevron, Chewy, Cisco Systems, Cree, eBay, Etsy, GameStop, Groupon, Micron Technology, United Airlines and Yext.
The May 29 short interest data have been compared with the previous report. Short interest in most of these selected semiconductor stocks increased.
The May 15 short interest data have been compared with the previous report. Short interest moves in these selected semiconductor stocks were mixed.
The April 30 short interest data have been compared with the previous report. Short interest in most of these selected semiconductor stocks decreased.
Micron Technology stock has made a solid recovery from its lows, and with semiconductors considered a leading indicator, it could signal a larger recovery for the markets in general.
Chris Lange The April 15 short interest data have been compared with the previous report. Short interest in most of these selected semiconductor stocks increased.
A new high-end memory chip and a stock market that, with some exceptions, sticks with the stock may carry Micron Technology through this year in good shape.
Paul Ausick The March 31 short interest data have been compared with the previous report. Short interest in most of these selected semiconductor stocks decreased.
Micron Technology is among the few tech companies that have an undisputed ongoing demand for their products. The COVID-19 pandemic has not tampered the need for chip-driven devices.
Micron Technology has managed to trade up after earnings, and analysts were generally positive, despite the necessity of price target cuts.
Jon C. Ogg Micron Technology reported better than expected fiscal second-quarter financial results after the markets closed on Wednesday.
Chris Lange Thursday's top analyst upgrades and downgrades included Alibaba, Apple, AT&T, Baidu, Chevron, Cisco Systems, Expedia, Goldman Sachs, Kroger, Micron Technology, Nike, Procter & Gamble, Square and Walmart.
Micron Technology is scheduled to release its fiscal second-quarter financial results after the markets close on Wednesday.
Chris Lange 
