Micron Technology, Inc.

MU

US5951121038

Semiconductors

Market Closed - Nasdaq Other stock markets 04:00:00 2025-07-11 pm EDT			5-day change	1st Jan Change
124.53 ^USD	+1.15%		+1.83%	+47.97%

Jul. 10	Micron Technology Could See Significant Growth on High Bandwidth Memory Trends, Deutsche Bank Says	MT
Jul. 10	China Renaissance Adjusts Price Target on Micron Technology to $107 From $84, Maintains Hold Rating	MT

Why Micron Posted Such a Weak Forecast

Published on 12/18/2024 at 17:41

Pierre Ferragu, New Street Research's head of global tech infrastructure, breaks down Micron's (MU) earnings report and revenue forecast. Micron tumbled in late trading after its revenue forecast missed projections by about $1 billion.

Bloomberg videos, provided by MT Newswires

Latest news about Micron Technology, Inc.

Micron Technology Could See Significant Growth on High Bandwidth Memory Trends, Deutsche Bank Says	Jul. 10	MT
China Renaissance Adjusts Price Target on Micron Technology to $107 From $84, Maintains Hold Rating	Jul. 10	MT
Samsung still lagging behind in the memory chip market	Jul. 08
Samsung flags big miss in Q2 profit, blames US AI chip curbs to China	Jul. 08	RE
Samsung Expects Operating Profit to Halve Amid U.S. Trade Curbs on China, AI Chip Supply Delays -- Update	Jul. 07	DJ
Samsung Elec Q2 profit likely to drop 39% on weak AI chip sales	Jul. 07	RE
Samsung Elec Q2 profit likely to drop 39% on weak AI chip sales	Jul. 06	RE
US equity funds see largest weekly inflow in eight months	Jul. 04	RE
Global equity funds attract biggest weekly inflows in eight months	Jul. 04	RE
S&P 500, Nasdaq hit record closing highs amid trade negotiations, rate cut bets	Jun. 27	RE
S&P 500, Nasdaq hit record closing highs amid trade negotiations, rate cut bets	Jun. 27	RE
S&P 500, Nasdaq rise toward record closing highs on trade optimism, rate cut bets	Jun. 27	RE
Markets Rise, But Warning Signs Emerge	Jun. 27
Wall St flirts with new record	Jun. 27	RE
Social Buzz: Wallstreetbets Stocks Mostly Advancing Premarket Friday; Nike, Circle Internet Group to Open Higher	Jun. 27	MT
New Street Adjusts Price Target on Micron Technology to $170 From $145, Maintains Buy Rating	Jun. 27	MT
Analyst recommendations: Alphabet, Amazon, Boeing, Nike, Boeing…	Jun. 27
Micron Technology Insider Sold Shares Worth $1,876,800, According to a Recent SEC Filing	Jun. 27	MT
S&P 500, Nasdaq end just shy of record closing highs	Jun. 26	RE
Wall Street ends higher on rate cuts, S&P 500, Nasdaq miss record highs	Jun. 26	RE
Wall Street ends higher on rate cuts, S&P 500, Nasdaq miss record highs	Jun. 26	RE
Sector Update: Tech Stocks Climb Thursday Afternoon	Jun. 26	MT
Wedbush Raises Micron Technology's Price Target to $165 From $150 on 'Solid' Fiscal Q3, Keeps Outperform Rating	Jun. 26	MT
MICRON TECHNOLOGY INC : Barclays gives a Buy rating	Jun. 26	ZD
S&P 500, Nasdaq near record highs as rate-cut bets creep up	Jun. 26	RE

Chart Micron Technology, Inc.

Duration

Period

MU: Dynamic Chart

Company Profile

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 (37.9%): computers, network systems, graphics systems and cloud servers; - phones and mobile devices (25.3%): smartphones, tablets and mobile devices; - storage media (18.3%): mainly fixed and removable data storage components; - other (18.5%): primarily automotive, connected home and consumer electronics and industries markets. As of 29/08/2024, the group has 11 manufacturing sites worldwide. Net sales are distributed geographically as follows: the United States (52.4%), Taiwan (18.7%), China (12.1%), Hong Kong (4.3%), Japan (3.4%), Asia/Pacific (5.3%), Europe (3.3%) and other (0.5%).

Employees

48,000

Sector

Semiconductors

Calendar

Sep. 24 - Q4 2025 Earnings Release (Projected)

More about the company