Micron Technology Inc Stock Price, News & Analysis

Micron Technology, Inc. (Nasdaq: MU) will host its fiscal Q1 earnings conference call on December 21, 2022, at 2:30 PM MT. The live webcast will be accessible via Micron's Investor Relations website, with replays available for one year. As a leader in memory and storage solutions, Micron focuses on high-performance DRAM, NAND, and NOR products. The company plays a crucial role in the data economy, supporting advancements in AI and 5G applications.

Micron Technology, Inc. (Nasdaq: MU) announces the availability of DDR5 memory for data centers validated for AMD EPYC™ 9004 Series processors. The combination provides up to two times memory bandwidth and performance improvements for HPC workloads. Benchmarks show a peak memory bandwidth of 378 GB/s, doubling the previous 189 GB/s. Micron emphasizes its role in the DDR5 transition and partnerships with AMD for enhanced memory performance in AI and HPC sectors.

On November 3, 2022, Micron Technology (Nasdaq: MU) announced the participation of its executives in upcoming investor events. The events include the Wells Fargo TMT Summit on November 29 at 2:10 p.m. MT and the J.P. Morgan CES Tech/Auto Forum on January 5 at 10:55 a.m. MT, both held in Las Vegas. Live webcasts and replays will be available on Micron's Investor Relations website. Micron is a leader in memory and storage solutions, driving advancements in AI and 5G applications.

Micron Technology has begun shipping qualification samples of its 1β DRAM technology to smartphone manufacturers, marking mass production readiness. This next-generation LPDDR5X mobile memory achieves speeds of 8.5 Gb/s with enhancements in performance, bit density, and power efficiency. Key benefits include a 15% improvement in power efficiency and a 35% increase in bit density. The technology aims to enable advanced features in smartphones while consuming less power, crucial for user experience and battery life.

Micron Technology (Nasdaq: MU) and the Micron Foundation have announced a $10 million partnership with the U.S. National Science Foundation (NSF) to invest in semiconductor education at colleges nationwide. This joint investment, with NSF matching Micron's $5 million, aims to develop high-quality curricula and provide professional development for educators, while also offering students experiential opportunities in the semiconductor field. The initiative aims to diversify and strengthen the high-tech workforce, ensuring America's leadership in technology innovation.

Micron Technology plans to invest up to $100 billion over the next 20 years to build a state-of-the-art memory megafab in Central New York, creating nearly 50,000 jobs, including 9,000 high-paying positions within the company. This initiative, supported by New York's Green CHIPS legislation and the federal CHIPS and Science Act, includes a $500 million Green CHIPS Community Investment Fund aimed at workforce development, education, and affordable housing. Commitments extend to minority-owned businesses and sustainable practices, highlighting Micron's dedication to community enrichment and workforce transformation.

Micron Technology announced new firmware for its 7450 NVMe SSD that complies with the Open Compute Project Datacenter NVMe SSD 2.0 specification. This update enhances intelligent management and performance optimization, allowing for rapid resolution of data center issues. The 7450 SSD supports various form factors, including U.2/U.3, E1.S, and M.2, with capacities ranging from 400GB to 15.36TB. The SSD’s features are designed to improve latency and error recovery, addressing the needs of enterprise data centers and cloud-scale operations.

Micron Technology has announced plans to build a $100 billion semiconductor fabrication facility in Clay, New York, which will create nearly 50,000 jobs, including 9,000 high-paying positions at Micron. The investment is the largest in New York's history and aims to increase domestic DRAM production to 40% of the company's output over the next decade. Micron plans to initiate construction in 2024, with about $5.5 billion in incentives from the state. The company also committed to a $500 million community development fund aimed at workforce training and education.