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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.

Micron Technology, Inc. (NASDAQ: MU) is a leading American semiconductor company, specializing in the production and innovation of memory and data storage solutions. Based in Boise, Idaho, Micron is renowned for its dynamic random-access memory (DRAM), flash memory, and USB flash drives. Micron’s consumer products, such as the Ballistix line of memory modules, are marketed under the Crucial® brand.

As one of the largest semiconductor companies globally, Micron serves a diverse range of markets, including data centers, mobile, consumer electronics, industrial, and automotive applications. The company’s integrated model enables it to oversee the entire production process, ensuring high-quality and innovative solutions. Micron’s DRAM remains the primary revenue driver, with additional contributions from NAND flash memory.

Recent highlights include the introduction of the 4150AT SSD, designed for automotive applications. This SSD boasts enterprise-class speeds and enhanced multi-tasking capabilities, making it ideal for the evolving needs of software-defined vehicles. Micron’s innovation extends to the 2500 SSD, a client SSD that leverages advanced QLC NAND technology to lead in performance and reliability, enhancing everyday computing experiences.

Micron’s strategic investments, buoyed by federal and state incentives such as the $6.1 billion from the CHIPS and Science Act, have paved the way for groundbreaking projects in Idaho and New York. These projects are set to create thousands of jobs and significantly boost U.S. semiconductor manufacturing capabilities.

In the realm of high-capacity memory, Micron has achieved another milestone by shipping its 128GB DDR5 RDIMM memory. This product, powered by the 1β (1-beta) technology, offers superior performance, efficiency, and latency, catering to the demanding needs of data centers and AI applications.

Micron’s commitment to community development is also evident, as demonstrated by its $20 million investment in Community Development Financial Institutions (CDFIs). This initiative aims to bolster financial inclusion and economic opportunities in underserved communities.

For more information about Micron Technology, Inc., visit micron.com.

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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.
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Micron Technology collaborates with Qualcomm Technologies to provide automotive-grade memory and storage solutions for Snapdragon Digital Chassis, enhancing AI capabilities in intelligent vehicles.
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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.
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Micron Technology, Inc. (MU) ensures safety of team members after Taiwan earthquake. Operations and supply chain evaluation ongoing.
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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.
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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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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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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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Micron's new HBM3E technology aims to lower data center operating costs through improved energy efficiency and performance.
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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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FAQ

What products does Micron Technology, Inc. specialize in?

Micron specializes in DRAM, flash memory, and USB flash drives. Their products are used in data centers, mobile phones, consumer electronics, and automotive applications.

Where is Micron Technology headquartered?

Micron Technology is headquartered in Boise, Idaho, USA.

What is the latest innovation from Micron for automotive applications?

Micron recently introduced the 4150AT SSD, which is designed to support advanced driver-assistance systems (ADAS) and in-vehicle infotainment systems with high-performance storage capabilities.

What are the key features of Micron's 2500 SSD?

The Micron 2500 SSD uses advanced QLC NAND technology to offer best-in-class performance and reliability, making it ideal for enhancing everyday computing experiences.

How is Micron contributing to the U.S. semiconductor industry?

Micron is investing in leading-edge memory manufacturing facilities in Idaho and New York, creating thousands of jobs and boosting U.S. semiconductor production capabilities.

What is Micron's 128GB DDR5 RDIMM memory used for?

Micron's 128GB DDR5 RDIMM memory is used in data centers and AI applications, providing high capacity, improved performance, and energy efficiency.

How is Micron involved in community development?

Micron has invested $20 million in Community Development Financial Institutions (CDFIs) to enhance financial inclusion and economic opportunities in underserved communities.

What brands fall under Micron's consumer product portfolio?

Micron’s consumer products, including memory modules, are marketed under the Crucial® brand.

What federal support has Micron received for its U.S. projects?

Micron received $6.1 billion from the CHIPS and Science Act to support its investment in leading-edge memory manufacturing through 2030.

Where can I find more information about Micron Technology, Inc.?

More information about Micron Technology, Inc. can be found on their website at www.micron.com.

Micron Technology, Inc.

Nasdaq:MU

MU Rankings

MU Stock Data

154.52B
1.10B
0.27%
84.77%
2.32%
Semiconductor and Related Device Manufacturing
Manufacturing
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United States of America
BOISE