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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.

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%
Tags
AI
-
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%
Tags
AI
-
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%
Tags
none
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%
Tags
-
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%
Tags
management
-
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%
Tags
AI
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.67%
Tags
none
-
Rhea-AI Summary
Micron's new HBM3E technology aims to lower data center operating costs through improved energy efficiency and performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.02%
Tags
AI
-
Rhea-AI Summary
Micron Technology, Inc. (MU) schedules fiscal second quarter earnings conference call for March 20, 2024, at 2:30 p.m. Mountain time. The call will be webcast live on the company's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
Tags
conferences earnings
Rhea-AI Summary
Micron Technology, Inc. announces the launch of two new Crucial Pro Series products - Crucial DDR5 Pro Overclocking memory and Crucial T705 Gen5 NVMe SSD. The DDR5 Pro Memory offers overclocking capabilities with 16GB densities up to 6,000MT/s, supporting Intel XMP 3.0 and AMD EXPO specifications. The T705 SSD boasts lightning-fast sequential reads and writes up to 14,500MB/s and 12,700MB/s respectively, catering to gaming, video editing, 3D rendering, and AI applications. Both products target enthusiasts, gamers, and professionals, providing high performance for AI-ready PC builds.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
Tags
none
Micron Technology Inc.

Nasdaq:MU

MU Rankings

MU Stock Data

141.20B
1.10B
0.28%
85.01%
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.