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Micron Technology, Inc. - $MU STOCK NEWS

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

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 has announced a strategic expansion in workforce development to address the growing demand for semiconductor talent in the U.S. The company is partnering with GlobalFoundries, the U.S. National Science Foundation, and various Minority Serving Institutions (MSIs) to increase access to STEM education and career opportunities. Initiatives include launching the MSI Semiconductor Network and collaborating with Kenyan universities to create pathways for STEM students. The project is supported by significant funding, including $6.1 billion from the U.S. CHIPS and Science Act. Micron aims to build a diverse talent pipeline, important for its planned $50 billion investment in U.S. semiconductor manufacturing.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.16%
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Rhea-AI Summary

Micron Technology, Inc. (Nasdaq: MU) executives will participate in fireside chats at two upcoming investor events: J.P. Morgan’s conference on May 21 and Goldman Sachs’ conference on May 30. The presentations will be accessible via webcasts on Micron's Investor Relations website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
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conferences
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Rhea-AI Summary

Micron announced the availability of Crucial LPCAMM2, a next-generation laptop memory form factor featuring LPDDR5X mobile memory for professionals and creators. The LPCAMM2 delivers higher bandwidth, dual-channel support, and 1.3 times faster performance compared to DDR5 SODIMMs, while consuming up to 58% less active power and saving 64% space. It is suitable for AI PC and complex workloads and compatible with Lenovo ThinkPad P1 Gen 7. The LPCAMM2 enables speeds of up to 7,500MT/s, reduces power consumption, extends battery life, and provides up to 80% less standby power than DDR5 SODIMMs. It is upgradeable, offers 32GB and 64GB densities, and comes with a lifetime warranty.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
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AI
Rhea-AI Summary

Micron Technology, Inc. (Nasdaq: MU) has validated and shipped the industry's first 128GB DDR5 RDIMM memory, utilizing high-capacity monolithic 32Gb DRAM die-based technology. This memory offers enhanced bit density, energy efficiency, and lower latency compared to competitors' products. The collaboration with industry leaders has led to widespread adoption of these high-performance modules in various data center applications, including AI, ML, HPC, and IMDBs. Micron's 128GB DDR5 RDIMM memory is supported by a strong ecosystem and will be available through global distributors in June 2024. This launch signifies Micron's continued leadership in providing high-capacity RDIMMs for memory-intensive workloads.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.89%
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AI
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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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-0.18%
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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
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
Rhea-AI Sentiment
End-of-Day
0.33%
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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
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-0.35%
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AI
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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
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.

Nasdaq:MU

MU Rankings

MU Stock Data

143.39B
1.10B
0.28%
85.04%
2.06%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
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.