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Micron Technology Inc. - MU STOCK NEWS

Welcome to our dedicated news page for Micron Technology (Ticker: MU), a resource for investors and traders seeking the latest updates and insights on Micron Technology.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Micron Technology's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Micron Technology's position in the market.

News
Micron, Biden-Harris Administration, U.S. Senate Majority Leader Schumer Announce $6.1B in CHIPS and Science Act Funding for Historic Planned Investment in Domestic Leading-Edge Memory Manufacturing in Idaho and New York
Rhea-AI Summary
Micron Technology, Inc. and the Biden-Harris Administration announced $6.1B in CHIPS and Science Act funding to support leading-edge memory manufacturing in Idaho and New York. This investment will boost U.S. economic and national security, create jobs, and strengthen Micron's position in the semiconductor industry.
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End-of-Day
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Silvaco Announces Expanded Partnership with Micron Technology
Rhea-AI Summary
Silvaco Group, Inc. announces an expanded partnership with Micron Technology, Inc. The partnership includes an enhanced software license, support services, and a $5.0 million investment from Micron for the development of Silvaco's FTCO™ digital twin modeling tools. Silvaco's CEO, Dr. Babak Taheri, highlights the use of AI and machine learning in semiconductor technologies to create a digital twin for wafer-level fabrication facilities. Micron's principal fellow, Dr. Gurtej Sandhu, expresses excitement about the collaboration and its impact on memory and storage advancements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.47%
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partnership
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Micron First to Production of 200+ Layer QLC NAND in Client and Data Center
Rhea-AI Summary
Micron Technology, Inc. (MU) leads in NAND technology with the production of 232-layer QLC NAND, offering superior performance in client and data center storage. The Micron 2500 SSD outperforms competitors with industry-leading bit-density, NAND I/O speeds, read and programming performance. It is the first client SSD to integrate 200+ layer QLC NAND, delivering exceptional user experience and setting new standards in PC applications. The SSD boasts up to 7.1 GB/s sequential read speeds, outperforming TLC and QLC-based SSDs in the value segment. Micron's innovation in QLC NAND ensures high endurance and performance across different capacities and form factors.
Rhea-AI Impact
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End-of-Day
0.33%
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Micron’s Full Suite of Automotive-Grade Solutions Qualified for Qualcomm Automotive Platforms to Power AI in Vehicles
Rhea-AI Summary
Micron Technology collaborates with Qualcomm Technologies to provide automotive-grade memory and storage solutions for Snapdragon Digital Chassis, enhancing AI capabilities in intelligent vehicles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
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AI
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Micron Debuts World’s First Quad-Port SSD to Accelerate Data-Rich Autonomous and AI-Enabled Vehicle Workloads
Rhea-AI Summary
Micron Technology introduces the world's first quad-port SSD, the Micron 4150AT, designed for software-defined intelligent vehicles. The SSD offers high performance, virtualization capabilities, boosted security, and customizable endurance modes, catering to the demands of next-generation automotive architectures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
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AI
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Micron Provides Update Following Earthquake in Taiwan
Rhea-AI Summary
Micron Technology, Inc. (MU) ensures safety of team members after Taiwan earthquake. Operations and supply chain evaluation ongoing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.29%
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Micron Technology, Inc. Reports Results for the Second Quarter of Fiscal 2024
Rhea-AI Summary
Micron Technology, Inc. (MU) reported strong fiscal Q2 2024 results with revenue of $5.82 billion, GAAP net income of $793 million, and non-GAAP net income of $476 million. The company's operating cash flow was $1.22 billion, showcasing profitability and growth. Micron's CEO, Sanjay Mehrotra, highlighted the team's exceptional performance and the company's leading position in the semiconductor industry, driven by AI opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.13%
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earnings
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Micron Appoints Robert Swan to its Board of Directors
Rhea-AI Summary
Micron Technology, Inc. appoints Robert Swan, former Intel CEO, to its board of directors. Swan brings extensive experience in the technology sector, having served in leadership roles at Intel, eBay, and other major companies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.08%
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management
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Micron Collaborates with Samsung on Galaxy S24 Series to Unlock the Era of Mobile AI Experiences
Rhea-AI Summary
Micron Technology, Inc. (MU) announced that Samsung has integrated Micron's LPDDR5X memory and UFS 4.0 flash storage into select devices in the Samsung Galaxy S24 series, enhancing AI capabilities. Micron's solutions provide high performance and power efficiency for AI experiences at the edge, enabling features like real-time translations and advanced image capturing tools.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.67%
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AI
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Micron Delivers the World’s Most Compact UFS Package to Enable Next-Generation Phone Designs and Larger Batteries
Rhea-AI Summary
Micron Technology, Inc. (MU) unveils enhanced UFS 4.0 mobile storage solution with proprietary firmware features at Mobile World Congress, offering best-in-class performance and energy efficiency. The compact 9x13 mm package delivers up to 1TB capacity, 4300 MBps sequential read speed, and 4000 MBps sequential write speed, enabling faster experiences on flagship smartphones. Micron's breakthrough firmware advancements include High-Performance Mode, One Button Refresh, and Zoned UFS, enhancing speed, battery life, and device longevity.
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Rhea-AI Sentiment
End-of-Day
2.67%
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Micron Technology Inc.

Nasdaq:MU

MU Rankings

#92 Ranked by Market Cap
#872 Ranked by Stock Gains
#2024 Ranked by Dividends

MU Stock Data

135.67B
1.10B
0.28%
85.04%
2.06%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
US
Boise

About MU

Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. It is headquartered in Boise, Idaho. Its consumer products, including the Ballistix line of memory modules, are marketed under the Crucial brand.