US5951121038 - Common Stock - After market: 61.37 -0.03 (-0.05%)
NASDAQ:MU (8/10/2022, 7:01:34 PM)+2.25 (+3.8%)
|GICS Sector||Information Technology|
|GICS Industry||Semiconductors & Semiconductor Equipment|
|Earnings (Last)||06-30 2022-06-30/amc||Earnings (Next)||09-26 2022-09-26|
|Ins Owners||0.21%||Inst Owners||80.26%|
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Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. The company is headquartered in Boise, Idaho and currently employs 43,000 full-time employees. The firm's portfolio of memory and storage technologies, including dynamic random-access memory (DRAM), negative-AND (NAND), three-dimensional (3D) XPoint memory, and NOR. Its brands include Micron and Crucial. Its business segments include Compute and Networking Business Unit (CNBU), which includes memory products sold into client, cloud server, enterprise, graphics, and networking markets; Mobile Business Unit (MBU), which includes memory products sold into smartphone and other mobile-device markets; Storage Business Unit (SBU), which includes solid state drives (SSDs) and solutions sold into enterprise, cloud, client, and consumer storage markets, other storage products sold in component and wafer form, and Embedded Business Unit (EBU), which includes memory and storage products sold into automotive, industrial, and consumer markets.
MICRON TECHNOLOGY INC
Po Box 6, 8000 S Federal Way
Boise IDAHO 83716
CEO: Sanjay Mehrotra
The explosive growth in PC shipments that took hold when people around the world took refuge in their homes for nearly two years has finally sputtered out.
Micron Technology Inc. plans to slow hiring as it copes with a sudden drop in chip demand, but the company joined peers such as Intel Corp. and Nvidia Corp. in deciding that major job cuts aren’t yet necessary.
Semiconductor equipment supplier Onto Innovation topped Wall Street's second-quarter targets but gave a mixed outlook. ONTO stock fell.
MU stock is looking like a solid play as the company prepares a $40 billion investment to beef up its chip manufacturing.
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