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.
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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.
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End-of-Day
3.08%
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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.
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2.67%
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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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2.67%
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Micron's new HBM3E technology aims to lower data center operating costs through improved energy efficiency and performance.
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4.02%
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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.
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0.97%
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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.
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1.52%
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Micron Technology, Inc. (MU) has appointed Michael Ray as the senior vice president, chief legal officer, and corporate secretary. Ray brings nearly 30 years of legal experience, including a significant tenure at Western Digital. His role will involve overseeing Micron's global legal, compliance, and intellectual property functions.
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1.98%
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Micron Technology, Inc. (Nasdaq: MU) has unveiled the industry's first standard low-power compression attached memory module (LPCAMM2) available in capacities from 16GB to 64GB. The LPCAMM2 delivers higher performance, energy-efficiency, space savings, and modularity for PCs, with sampling now and production expected in the first half of 2024. It is set to revolutionize the client PC space by providing up to 61% lower power and up to 71% better performance for essential workloads. Micron's leadership in JEDEC and collaboration with key client PC OEMs and ecosystem enablers have played a crucial role in the development of this innovative form factor.
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-1.91%
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WPG Americas, Inc. (WPGA) announced that Rick Hylka, an Innovation Tech Center (ITC) Application Engineer for WPGA, received the prestigious Micron Technology Inc. 'AMR Distribution FAE 2023 Recognition Award for Excellent Technical Support.' This award recognizes Field Application Engineers for their outstanding achievements, commitment to learning, and customer support. The award was accepted on December 23, 2023, in Chicago. The recognition highlights WPGA's commitment to delivering exceptional service to customers and the critical role of the FAE team in the advancement of emerging technologies, especially Micron's memory and storage solutions.
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1.8%
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Micron Technology, Inc. (Nasdaq: MU) announced results for its first quarter of fiscal 2024, reporting a revenue of $4.73 billion, a GAAP net loss of $1.23 billion, and a non-GAAP net loss of $1.05 billion. Operating cash flow was $1.40 billion, and the company ended the quarter with cash, marketable investments, and restricted cash of $9.84 billion. Micron also declared a quarterly dividend of $0.115 per share. The company provided guidance for the second quarter of 2024, projecting a revenue of $5.30 billion ± $200 million and a gross margin of 12.0% ± 1.5%.
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Rhea-AI Sentiment
End-of-Day
8.63%
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Micron Technology, Inc.
Nasdaq:MU
MU Rankings
MU Stock Data
132.01B
1.10B
0.28%
85.04%
2.06%
Semiconductor and Related Device Manufacturing
Manufacturing
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.