Micron Technology, Inc. (MU)
| Market Cap | 123.95B |
| Revenue (ttm) | 18.31B |
| Net Income (ttm) | -3.77B |
| Shares Out | 1.11B |
| EPS (ttm) | -3.45 |
| PE Ratio | n/a |
| Forward PE | 41.00 |
| Dividend | $0.46 (0.41%) |
| Ex-Dividend Date | Mar 28, 2024 |
| Volume | 30,996,518 |
| Open | 116.00 |
| Previous Close | 116.33 |
| Day's Range | 111.48 - 117.62 |
| 52-Week Range | 58.03 - 130.54 |
| Beta | 1.28 |
| Analysts | Strong Buy |
| Price Target | 123.64 (+10.46%) |
| Earnings Date | Mar 20, 2024 |
About MU
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that pr... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 26 analysts, the average rating for MU stock is "Strong Buy." The 12-month stock price forecast is $123.64, which is an increase of 10.46% from the latest price.
News
Chip sector correction is a 'cautious blow' to stocks: Analyst
The chip sector is undergoing a sector-wide correction as concerns grow around slowing demand for the products. Moor Insights and Strategy Founder & CEO Patrick Moorhead to discuss why he believes mar...
Micron Will Receive $6.1 Billion to Build Semiconductor Plants
The grant to the memory chipmaker is the latest federal award aimed at boosting U.S. chip manufacturing.
MU, MSFT, NVDA: Stocks to Watch
Microsoft (MSFT) is still a buy and benefits from sector strength and strategic acquisitions, Aquiles Larrea. He and Ben Lichtenstein discuss today's big three stocks which include Micron (MU), Micros...
TSM Earnings Beat & Micron Gets $6.1B in Chips Act Fund
TSMC (TSM) posts an earnings beat as A.I. chip demand remains strong.
Biden admin gives $6.1B to Micron Technology to help boost chip factories in New York
Joe Biden's administration reached an agreement to dole out a staggering $6.1 billion in government support for semiconductor manufacturer Micron Technology to produce advanced computer memory chips i...
AMD, Micron, Cisco, Arm, and Other Tech Stocks in Focus Today
Tech stocks were showing early promise Thursday as the Nasdaq Composite Index tried once again to snap its losing streak.
Micron Set to Receive $6.1 Billion in Chips Act Grants
Micron Technology Inc., the largest US maker of computer-memory chips, is poised to get $6.1 billion in grants from the Commerce Department to help pay for domestic factory projects, part of an effort...
Micron set to get $6 billion in chip grants from US, Bloomberg reports
Micron Technology Inc is set to get more than $6 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects, Bloomberg News reported on Wednesday.
Silvaco Announces Expanded Partnership with Micron Technology
SANTA CLARA, Calif.--(BUSINESS WIRE)--Silvaco Group, Inc. (“Silvaco”), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and AI through software and innovation, toda...
Micron First to Production of 200+ Layer QLC NAND in Client and Data Center
BOISE, Idaho, April 16, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), today demonstrated its continued NAND technology leadership by announcing that its 232-layer QLC NAND is now in m...
China remains crucial for U.S. chipmakers as tensions between the world's top two economies rise
Data from S&P Global shows that many U.S. chip giants generate a larger share of revenue from China compared with the U.S. despite increasing trade barriers.
Micron Tech Says Taiwan Earthquake Will Tighten DRAM Supply
Memory-chip maker Micron sees “up to a mid-single-digit percentage of a calendar quarter's” impact to its DRAM supply, but nothing permanent.
Micron flags hit to its DRAM supply from Taiwan earthquake
Memory chipmaker Micron Technology said on Thursday the April 3 earthquake in Taiwan would hurt a calendar quarter of its dynamic random access memory (DRAM) supply by up to a mid-single digit percent...
Micron says Taiwan earthquake will have mid-single digit percentage impact on quarterly DRAM supply
Micron Technology Inc. said Thursday it expects the recent earthquake in Taiwan will result in an impact of up to a mid-single-digit percentage of a calendar quarter's company-level DRAM supply.
Micron's Full Suite of Automotive-Grade Solutions Qualified for Qualcomm Automotive Platforms to Power AI in Vehicles
Micron's automotive memory and storage enable central compute, digital cockpit and advanced driver-assistance systems for Qualcomm customers Micron's automotive memory and storage enable central compu...
Apple, Super Micro Computer, Micron, and Other Tech Stocks in Focus Today
Tech stocks, much like the broader market, are patiently waiting for a number of potential catalysts before making their next move.
Micron Debuts World's First Quad-Port SSD to Accelerate Data-Rich Autonomous and AI-Enabled Vehicle Workloads
Micron's virtualized, multiport 4150AT SSD enables a new model of centralized decision-making for increasingly complex, software-defined vehicles Micron's virtualized, multiport 4150AT SSD enables a n...
NVDA, MU: Semiconductors In Demand
GB200 is expected to become a mainstream configuration in 2025, notes a Keybanc analyst on Nvidia (NVDA). Kevin Green discusses how Keybanc adjusted its price target on multiple semiconductors.
How to invest in AI
Aaron Dunn, co-head of value equity at Morgan Stanley Investment Management, joins CNBC's 'The Exchange' to break down opportunities in tech stocks, AI, and more.
Semiconductor Stocks to Watch in the Current Market
It has to be productive, notes Kim Forrest. She and Olivier Blanchard discuss semiconductor stocks to watch.
Chip sector avoids a major crisis from Taiwan quake. But one lesson should be learned.
The semiconductor industry avoided a potentially crippling crisis this week after its biggest manufacturer, Taiwan Semiconductor Manufacturing Corp., emerged mostly unscathed after Taiwan was struck b...
Jeff Kilburg's Best Ideas for Q2 & Beyond
KKM Financial's Jeff Kilburg discusses why Tesla is his top stock pick for Q2, and what makes Micron an under-the-radar play.
Is Micron stock warming up to be the next Nvidia?
Micron Technology Inc (NASDAQ: MU) has more than doubled over the trailing twelve months. But does it have what it takes to be the next Nvidia Corp (NASDAQ: NVDA) for investors?
SoFi, Amazon, Dell, Micron, and Other Tech Stocks in Focus Today
After an unconvincing start to the quarter for tech stocks, more optimism is beginning to shine through.
AI-related semiconductors: Veteran tech investor names his favorite stocks
Paul Meeks, co-CIO at Harvest Portfolio Management, says "Nvidia can go even higher," adding that his "favorite pick right now is Micron or, if I was in South Korea, it would be [SK] Hynix."