Micron Technology, Inc.

MU

US5951121038

Semiconductors

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-25 pm EDT			After market 06:39:38 pm
111.6 ^USD	-0.18%		112.8	+1.10%

Apr. 25	Western Digital tops profit expectations on demand from cloud-computing customers	RE
Apr. 25	Biden announces preliminary deal with Micron for up to $6.14 bln in chip grants	RE

Micron Technology : relationship with Huawei 'very good', chief executive says

November 20, 2019 at 10:28 pm EST

American memory chipmaker Micron's relationship with China's tech giant Huawei 'continues to be very good', its chief executive, Sanjay Mehrotra, said on Thursday.

He was speaking to broadcaster CNN on the sidelines of the Bloomberg New Economy Forum in Beijing.

(Reporting by Yawen Chen, Brenda Goh and Leng Cheng; Writing by Beijing Monitoring Desk; Editing by Clarence Fernandez)

Latest news about Micron Technology, Inc.

Western Digital tops profit expectations on demand from cloud-computing customers	Apr. 25	RE
Biden announces preliminary deal with Micron for up to $6.14 bln in chip grants	Apr. 25	RE
Sector Update: Tech Stocks Mixed Thursday Afternoon	Apr. 25	MT
Global markets live: Ford, Dow, American Airlines, Comcast, Apple, IBM, Cisco...	Apr. 25
Micron to Get $6.1 Billion in Government Grants to Support Memory Chip Projects	Apr. 25	MT
Huawei-led Chinese firms aim to make advanced memory chips by 2026, The Information reports	Apr. 25	RE
The specter of stagflation rears its ugly head again	Apr. 25
North American Morning Briefing : More Tech Earnings in Focus With GDP Data Adding to the Uncertainty	Apr. 25	DJ
Biden to announce preliminary deal with Micron for up to $6.14 bln in chip grants	Apr. 25	RE
Global markets live: Heineken, AT&T Hasbro, Visa, Boeing...	Apr. 24
The return of bad news is good news	Apr. 24
Nasdaq, S&P futures advance on tech boost, earnings glee	Apr. 24	RE
Texas Instruments' upbeat Q2 forecast pushes chip stocks higher	Apr. 24	RE
S&P, Nasdaq futures advance on tech boost, earnings cheer	Apr. 24	RE
Futures point to higher open as more earnings roll in	Apr. 23	RE
Futures inch higher in run-up to corporate earnings	Apr. 23	RE
Micron Technology Unit Applies for Federal Grants to Upgrade Virginia Semiconductor Facility	Apr. 19	MT
Tech Down as TSMC Outlook Weighs -- Tech Roundup	Apr. 18	DJ
Micron Technology Inches Closer to $6.1 Billion Government Grant	Apr. 18	MT
Global markets live: DocMorris, Microsoft, Oracle, Micron, Netflix...	Apr. 18
Tech strength lifts Wall Street	Apr. 18
North American Morning Briefing : Stock Futures Rise After TSMC Earnings	Apr. 18	DJ
European Midday Briefing : Mood Improves Slightly, Netflix Kicks Off U.S. Tech Earnings	Apr. 18	DJ
Futures rise as chip stocks bounce back after sell-off	Apr. 18	RE
Micron set to get $6 billion in chip grants from US, Bloomberg reports	Apr. 17	RE

Micron Technology, Inc. specializes in the design, manufacturing and marketing of semiconductors. The group's products include memory products (dynamic memories, flash memories, etc.) and semiconductor systems. Net sales break down by market as follows: - IT infrastructure (36.7%): computers, network systems, graphics systems and cloud servers; - phones and mobile devices (23.4%): smartphones, tablets and mobile devices; - storage media (16.4%): mainly fixed and removable data storage components; - other (23.5%): primarily automotive, connected home and consumer electronics and industries markets. As of 31/08/2023, the group has 11 manufacturing sites worldwide. Net sales are distributed geographically as follows: the United States (50.2%), Taiwan (17.4%), China (14%), Japan (6.4%), Hong Kong (2.1%), Asia/Pacific (4.8%), Europe (4.4%) and other (0.7%).

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Semiconductors

Calendar

2024-06-25 - Q3 2024 Earnings Release (Projected)

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Sanjay Mehrotra, CEO of MICRON: Strongest growth since 2011, encouraging outlook

March 21, 2024 at 05:49 pm EDT

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B+

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BUY

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111.6 USD

Average target price

127.8 USD

Spread / Average Target

+14.53%

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Micron Technology, Inc.

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MU

US5951121038

Semiconductors

Micron Technology : relationship with Huawei 'very good', chief executive says

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