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Micron Technology Inc. (NASDAQ: MU) is a global leader in innovative memory and storage solutions, powering critical applications across data centers, AI systems, and consumer electronics. This dedicated news hub provides investors and industry professionals with timely updates on Micron's strategic developments, financial performance, and technological advancements.
Access authoritative coverage of Micron's quarterly earnings announcements, product launches, and partnership agreements. Our curated feed includes official press releases detailing advancements in DRAM and NAND technologies, manufacturing expansions, and sustainability initiatives. Stay informed about market-moving developments through verified updates on supply chain strategies and R&D breakthroughs.
This resource serves as your primary source for understanding Micron's role in shaping the semiconductor landscape. Track updates across key operational areas including data center solutions, automotive memory systems, and next-generation storage products. Bookmark this page for streamlined access to essential information that impacts investment analysis and industry trend monitoring.
Micron Technology (Nasdaq: MU) reported strong fiscal Q3 2021 results, with revenue of $7.42 billion, up from $6.24 billion in the prior quarter and $5.44 billion year-over-year. GAAP net income was $1.74 billion or $1.52 per diluted share. Non-GAAP net income reached $2.17 billion, yielding $1.88 per diluted share. Operating cash flow stood at $3.56 billion, reflecting significant business momentum. For Q4 2021, Micron anticipates revenue between $8.0 billion and $8.4 billion with a gross margin of 46%.
Micron Technology, Inc. (Nasdaq: MU) showcased its latest memory and storage innovations at Computex 2021, featuring the industry’s first 176-layer NAND and 1α DRAM technology. The new PCIe Gen4 SSDs, including the Micron 3400 and 2450, promise enhanced performance for high-demand applications. The rollout includes the world’s first automotive UFS 3.1 solution. Micron also announced the volume production of LPDDR4x DRAM, enhancing power efficiency, and engaged in a Technology Enablement Program for DDR5 to foster ecosystem growth.
Micron Technology (Nasdaq: MU) announced its fiscal third-quarter earnings conference call scheduled for June 30, 2021, at 2:30 p.m. Mountain Time. Investors can access the live webcast at Micron's Investor Relations website. The company, recognized as a leader in memory and storage solutions, focuses on high-performance products that drive advancements in technologies like artificial intelligence and 5G. Replays of the presentation will be available for one year.
Micron Technology issued a correction to a previous news release regarding a visit from the U.S. Secretary of Commerce and local leaders to its Manassas, Virginia fabrication facility. The initial announcement, sent out on May 24, 2021, at 6:24 p.m. PT, should be disregarded as it has been updated in a revised release sent out at 8:15 p.m. PT.
For further details, please refer to the updated version available here.
Micron Technology (Nasdaq: MU) hosted U.S. Secretary of Commerce Gina Raimondo and other officials at its Manassas, Virginia facility, emphasizing its role as the sole U.S. manufacturer of memory and storage products. The event highlighted the significance of federal support for the semiconductor industry, a vital sector for economic growth. Micron’s President, Sanjay Mehrotra, expressed gratitude for government efforts and mentioned the company's expansion in Manassas. He reiterated the importance of the CHIPS for America Act in promoting domestic manufacturing and innovation in semiconductors.
Micron Technology (Nasdaq: MU) recently hosted U.S. government officials at its Manassas, VA manufacturing facility, highlighting its unique position as the sole U.S. manufacturer of memory and storage products. The event featured Secretary of Commerce Gina Raimondo and other leaders advocating for federal support of the semiconductor industry. CEO Sanjay Mehrotra emphasized the importance of semiconductors to the economy and welcomed the CHIPS for America Act. The Manassas site employs 1,600 individuals and plays a crucial role in automotive memory production.
Micron Technology (Nasdaq: MU) announced its participation in two upcoming investor events. CFO David Zinsner will engage in a fireside chat at the Barclays Americas Select Franchise Conference on May 19 at 9:00 AM MT. CEO Sanjay Mehrotra will participate in a fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference on May 25 at 9:00 AM MT. Live webcasts and replays can be accessed on Micron's Investor Relations website.
Micron is a leader in memory and storage solutions, delivering products that drive advancements in AI and 5G.
Micron Technology, Inc. (Nasdaq: MU) announced that all eligible sites have been recognized by Great Place to Work® as part of the Best Workplace List™. This includes Micron facilities in China, Germany, Japan, Italy, Singapore, and Taiwan. The company was certified as a Great Place to Work in multiple countries. April Arnzen, chief people officer, highlighted the company’s commitment to employee engagement during the pandemic. Micron ranks as the fourth-largest semiconductor manufacturer globally, employing around 40,000 people across 17 countries.
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