Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It offers memory and storage technologies, including DRAM, NAND, NOR, and 3D XPoint memory under the Micron and Crucial brands, as well as through private labels. The company provides memory products for the cloud server, enterprise, client, graphics, and networking markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; other discrete storage products in component and wafer forms for the removable storage markets, as well as 3D XPoint memory products; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
IPO Year:
Exchange: NASDAQ
Website: micron.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/28/2024 | $148.00 | Buy | China Renaissance |
| 9/26/2024 | $115.00 → $135.00 | Buy | TD Cowen |
| 9/19/2024 | $160.00 → $115.00 | Buy | TD Cowen |
| 9/18/2024 | $190.00 → $175.00 | Overweight | Wells Fargo |
| 9/16/2024 | $140.00 → $100.00 | Equal-Weight | Morgan Stanley |
| 9/12/2024 | $140.00 → $67.00 | Outperform → Underperform | Exane BNP Paribas |
| 8/26/2024 | $150.00 → $140.00 | Buy | Needham |
| 6/27/2024 | $120.00 → $150.00 | Buy | Needham |
| 6/27/2024 | $150.00 → $160.00 | Buy | TD Cowen |
| 6/18/2024 | $140.00 → $165.00 | Buy | Stifel |
China Renaissance initiated coverage of Micron with a rating of Buy and set a new price target of $148.00
TD Cowen reiterated coverage of Micron with a rating of Buy and set a new price target of $135.00 from $115.00 previously
TD Cowen reiterated coverage of Micron with a rating of Buy and set a new price target of $115.00 from $160.00 previously
Wells Fargo reiterated coverage of Micron with a rating of Overweight and set a new price target of $175.00 from $190.00 previously
Morgan Stanley reiterated coverage of Micron with a rating of Equal-Weight and set a new price target of $100.00 from $140.00 previously
Exane BNP Paribas downgraded Micron from Outperform to Underperform and set a new price target of $67.00 from $140.00 previously
Needham reiterated coverage of Micron with a rating of Buy and set a new price target of $140.00 from $150.00 previously
Needham reiterated coverage of Micron with a rating of Buy and set a new price target of $150.00 from $120.00 previously
TD Cowen reiterated coverage of Micron with a rating of Buy and set a new price target of $160.00 from $150.00 previously
Stifel reiterated coverage of Micron with a rating of Buy and set a new price target of $165.00 from $140.00 previously
BOISE, Idaho, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), today announced it has begun qualification of the 6550 ION NVMe™ SSD with customers. The Micron 6550 ION is the world's fastest 60TB data center SSD and the industry's first E3.S and PCIe Gen5 60TB SSD.1 It follows the success of the award-winning 6500 ION and is engineered to provide best-in-class performance, energy efficiency, endurance, security, and rack density for exascale data center deployments. The 6550 ION excels in high-capacity NVMe workloads such as networked AI data lakes, ingest, data preparation and checkpointing, file and object storage, public cloud storage, analytic databases, and conte
BOISE, Idaho, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced that Robert (Bob) Switz, its current Board Chair, will retire at the annual shareholders meeting on Jan. 16, 2025. The Board has unanimously approved the appointment of Micron's President and CEO, Sanjay Mehrotra, to serve as Board Chair and Lynn Dugle as Lead Independent Director following the annual shareholders meeting. Switz joined Micron's Board of Directors in 2006 and was named Chair in 2012. With broad experience, a clear-headed approach and exceptional business acumen, Switz has been a leading voice in driving strong governance and the company's successful strategy. Throughout his
BOISE, Idaho, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), today announced that its 9550 PCIe Gen5 E1.S data center SSDs have been added to the NVIDIA recommended vendor list (RVL) for the NVIDIA GB200 NVL72 system and its derivatives. The GB200 NVL72 uses the GB200 Grace Blackwell Superchip to deliver rack-scale, energy-efficient AI infrastructure. The enablement of PCIe Gen5 storage in the system makes the Micron 9550 SSD an ideal fit for optimizing performance and power efficiency in AI workloads like large-scale training of AI models, real-time trillion-parameter language model inference and high-performance computing (HPC) tasks. Micron 9550 delivers world-
BOISE, Idaho, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), today announced the availability of a brand-new category of clock driver memory with the launch of its Crucial® DDR5 clocked unbuffered dual inline memory modules (CUDIMM) and clocked small outline dual memory modules (CSODIMM), which are now shipping in volume. The JEDEC-standard solutions run at speeds up to 6,400 MT/s (megatransfers per second), more than twice as fast as DDR41 and 15% faster than traditional non-clock-driver-based DDR5.2 Designed to provide more speed stability, faster downloads and better refresh rates, these solutions represent a completely new frontier of memory form factors for nex
BOISE, Idaho, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced results for its fourth quarter and full year of fiscal 2024, which ended August 29, 2024. Fiscal Q4 2024 highlights Revenue of $7.75 billion versus $6.81 billion for the prior quarter and $4.01 billion for the same period last yearGAAP net income of $887 million, or $0.79 per diluted shareNon-GAAP net income of $1.34 billion, or $1.18 per diluted shareOperating cash flow of $3.41 billion versus $2.48 billion for the prior quarter and $249 million for the same period last year Fiscal 2024 highlights Revenue of $25.11 billion versus $15.54 billion for the prior yearGAAP net income of $778
BOISE, Idaho, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), today announced the availability of the Crucial® P310 2280 Gen4 NVMe™ solid-state drive (SSD), which offers two times faster performance than Gen3 SSDs1 and 40% faster performance than Crucial's P3 Plus,2 giving gamers, students and creatives a boost in speed when they boot and use data-intensive applications. With capacities up to 2 terabytes (TB) and read and write speeds of 7,100 and 6,000 megabytes per second (MB/s) respectively,3 the P310 2280 SSD enables more customers than ever to gain access to gaming performance without paying gaming prices. This launch expands Micron's P310 portfolio to address
BOISE, Idaho, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), announced today that it will hold its fiscal fourth quarter and full-year earnings conference call on Wednesday, September 25, 2024, at 2:30 p.m. Mountain time. The call will be webcast live at http://investors.micron.com/. Webcast replays of presentations can be accessed from Micron's Investor Relations website for approximately one year after the call. About Micron Technology, Inc. We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing
SANTA CLARA, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- FMS: The Future of Memory and Storage — Micron Technology, Inc. (NASDAQ:MU), today announced it is the first to develop PCIe® Gen6 data center SSD technology for ecosystem enablement as part of a portfolio of memory and storage products to support the broad demand for AI. Addressing these demands, Raj Narasimhan, senior vice president and general manager of Micron's Compute and Networking Business Unit, will present a keynote at FMS titled, "Data is at the heart of AI: Micron memory and storage are fueling the AI revolution," on Wednesday, Aug. 7, at 11:00 a.m. Pacific time. The session will focus on how Micron's industry-leading produ
AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of "a" (Excellent) to S-Squared Insurance Company, Inc. (S2) (Honolulu, HI). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect S2's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). The stable outlooks consider AM Best's expectation that S2's balance sheet strength assessment fundamentals will continue to strengthen over the medium term, with internal profit generation and retention levels that support continued growt
BOISE, Idaho, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) announced today that company executives will participate in fireside chats at the following investor events: KeyBanc Capital Markets Technology Leadership Forum in Vail, Colorado on Monday, August 5, at 9:00 a.m. Mountain time.Deutsche Bank's 2024 Technology Conference in Dana Point, California on Wednesday, August 28, at 9:45 a.m. Mountain time. Live webcasts and subsequent replays of presentations can be accessed from Micron's Investor Relations website at investors.micron.com/. About Micron Technology, Inc. We are an industry leader in innovative memory and storage solutions transforming how the worl
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BOISE, Idaho, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced that Robert (Bob) Switz, its current Board Chair, will retire at the annual shareholders meeting on Jan. 16, 2025. The Board has unanimously approved the appointment of Micron's President and CEO, Sanjay Mehrotra, to serve as Board Chair and Lynn Dugle as Lead Independent Director following the annual shareholders meeting. Switz joined Micron's Board of Directors in 2006 and was named Chair in 2012. With broad experience, a clear-headed approach and exceptional business acumen, Switz has been a leading voice in driving strong governance and the company's successful strategy. Throughout his
USA News Group CommentaryIssued on behalf of Avant Technologies Inc. VANCOUVER, BC, May 2, 2024 /PRNewswire/ -- With integration of AI-powered computing steadily on the rise, analysts at Goldman Sachs Research are projecting that the global data center power behind this tech boom is poised to more than double by 2030. However, the catch is that Goldman's teach believes that the supporting data center load growth will require at least $50 billion in new power generation capacity investment to achieve this. Experts are now declaring that 'futuristic AI needs futuristic data centers' in order to achieve the dreams of developers and end-users. According to WhaTech, the growth for data centers ma
Seasoned financial leader brings deep experience delivering operational efficiency and profitable growth Bloom Energy Inc. (NYSE:BE), a leading provider of clean energy solutions, announced today the appointment of Daniel Berenbaum as Chief Financial Officer, effective April 29, 2024. Berenbaum will succeed Greg Cameron, who will remain with the company until mid-May 2024 to ensure a smooth transition. "We're thrilled to have Dan join our leadership team," said KR Sridhar, Founder, Chairman and Chief Executive Officer. "He stood out among an exceptional group of finalists by showing a strong record of success across the board – on scaling and strategy; on financial discipline and cost r
BOISE, Idaho, March 11, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), an industry leader in innovative memory and storage solutions, today announced the appointment of Robert (Bob) Swan to its board of directors. A recognized leader with a distinguished career in the semiconductor, technology and industrial sectors, Swan currently serves as an operating partner at Andreessen Horowitz, where he advises growth-stage portfolio companies. Swan's extensive background includes his tenure as CFO and later CEO of Intel Corporation, where he oversaw 110,000 employees and $78B in annual sales. Prior to joining Intel, as CFO of eBay, Swan played a significant role in driving the co
BOISE, Idaho, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), an industry leader in innovative memory and storage solutions, today announced it is appointing Michael Ray as the company's senior vice president, chief legal officer and corporate secretary effective immediately. In this role, Ray will report directly to Sanjay Mehrotra, President and CEO of Micron. He will be responsible for Micron's global legal, compliance and intellectual property functions, comprising a team of lawyers, paralegals and other professionals. Ray brings nearly 30 years of legal experience to Micron, including a significant tenure at Western Digital, where he led the legal department
BOISE, Idaho, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), today announced the appointment of Raj Narasimhan to the role of senior vice president and general manager of its Compute and Networking Business Unit. Narasimhan will be responsible for leading Micron's largest business, driving advances in memory products focused on high-performance computing, artificial intelligence, and cloud and client computing. He will report to Sumit Sadana, Micron's executive vice president and chief business officer. "Raj brings a wealth of experience to this role, having built his career at Micron focusing on quality, R&D, manufacturing and product and customer management," sai
BOISE, Idaho, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), today announced the appointment of Mark Montierth to the role of corporate vice president and general manager of its Mobile Business Unit. Montierth will be responsible for leading Micron's mobile business, including building world-class mobile solutions to address the growing market opportunity for memory and storage driven by the demand for data-intensive mobile experiences. Montierth will report to Sumit Sadana, Micron's executive vice president and chief business officer. "I'm excited to have Mark take on this new role at Micron," said Sadana. "Mark's leadership skills, success in running innovative,
- Wright brings to the Solid Power board extensive experience in automotive industry as well as public company, leadership and energy storage expertise LOUISVILLE, Colo., July 18, 2022 (GLOBE NEWSWIRE) -- Solid Power, Inc. ("Solid Power") (NASDAQ:SLDP), an industry-leading developer of all-solid-state battery cells for electric vehicles, today announced its board of directors appointed MaryAnn Wright to the board, effective July 18, 2022, bringing the total number of board members to nine. Ms. Wright brings to the Solid Power board more than 30 years' experience building successful, high-performing teams, primarily in the automotive industry. Ms. Wright spent the first 18 years of her
BOISE, Idaho, April 07, 2022 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), an industry leader in innovative memory and storage solutions, today announced the appointment of Courtney Geduldig to the role of corporate vice president for public affairs. "Courtney joins Micron with extensive experience in regulatory and public affairs and a very impressive track record in leading global government relations organizations to advance public policy initiatives across industries and around the world," said David Moore, senior vice president and chief strategy officer at Micron. "We are very excited to have a leader of Courtney's caliber and experience join Micron's leadership team at a
BOISE, Idaho, April 05, 2022 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), an industry leader in innovative memory and storage solutions, today announced that it is appointing Mark Murphy as the company's executive vice president and chief financial officer effective April 18, 2022. Murphy brings 25 years of deep financial and operational leadership to the role and will oversee Micron's financial strategy for the company's next era of growth. "Mark is a seasoned executive with extensive public company CFO experience, and proven large-scale manufacturing expertise. He has a strong track record of driving financial performance at multiple well-established companies in the semicon
To gain an edge, this is what you need to know today. GDP Brings Buying Please click here for an enlarged chart of Invesco QQQ Trust Series 1 (NASDAQ:QQQ). Note the following: The chart shows a drop in QQQ. The drop in QQQ was triggered by speculative sentiment pulling back. As a reader of The Arora Report, you knew in advance that speculative sentiment could fall as a result of Tesla Inc (NASDAQ:TSLA) earnings. The chart shows that QQQ is approaching the support zone. RSI on the chart shows that QQQ is now oversold. Oversold markets tend to bounce. The chart shows that the volume was low on the selloff. This indicates a lack of conviction in selling. Especially hard hit in
Taiwan’s Premier Cho Jung-tai has announced a sweeping economic and social reform plan, aiming to attract nearly $100 billion in investments. This comes after former President Donald Trump said “Taiwan should pay us for defense.” What Happened: The reform plan would focus on energy, artificial intelligence, and infrastructure. The strategy includes appealing to Taiwanese investors disillusioned with conducting business in China, a trend the government aims to capitalize on, said Premier Cho in an interview with Nikkei Asia. The plan is in line with President Lai Ching-te‘s vision of a “smarter, forward-looking sustainability,” exploring ocean and space industries, and enhancing Taiwan’
U.S. chip stocks led by Nvidia Corp (NASDAQ:NVDA), Advanced Micro Devices, Inc (NASDAQ:AMD), Taiwan Semiconductor Manufacturing Co (NYSE:TSM), Broadcom Inc (NASDAQ:AVGO), Qualcomm Inc (NASDAQ:QCOM), Arm Holdings Plc (NASDAQ:ARM), Intel Corp (NASDAQ:INTC), Micron Technology, Inc (NASDAQ:MU) are trading lower on Wednesday. Tesla Inc (NASDAQ:TSLA) and Google parent Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) second-quarter earnings on Tuesday failed to impress the Street and are dragging the stocks lower. Tesla, a key Nvidia customer, reported second-quarter revenue growth of 2% year-on-year to $25.5 billion, beating the consensus estimate of $24.7 billion. EPS of $0.52 lagged the consens
Micron Technology (NASDAQ:MU) has outperformed the market over the past 5 years by 6.6% on an annualized basis producing an average annual return of 19.53%. Currently, Micron Technology has a market capitalization of $127.21 billion. Buying $100 In MU: If an investor had bought $100 of MU stock 5 years ago, it would be worth $240.58 today based on a price of $114.72 for MU at the time of writing. Micron Technology's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated conten
The Chinese government expressed its desire for U.S. firms to play a significant role in its economy after top U.S. executives engaged in a meeting with Chinese officials. What Happened: The delegation, led by FedEx Corporation (NYSE:FDX) CEO Raj Subramaniam, met with Chinese Vice-Premier He Lifeng and Foreign Minister Wang Yi. The visit aimed to gain first-hand insight following the conclusion of China’s third plenum, South China Morning Post reported on Tuesday. The Chinese officials expressed their hope that the U.S.-China Business Council could encourage American firms to seize opportunities in China, leading to mutual cooperation and development. Wang stated that the delegation’s
'The World's Fastest Data Center SSD, Leading In AI Workload Performance And Power Efficiency'
Apple Inc (NASDAQ:AAPL) COO Jeff Williams and Micron Technology Inc (NASDAQ:MU) President Sanjay Mehrotra recently visited Beijing to meet with senior Chinese officials as the U.S. considers stricter tech curbs against China. On Monday, the executives joined a U.S. business delegation meeting with Vice-Premier He Lifeng and Foreign Minister Wang Yi. He Lifeng urged American companies to “participate aggressively in China’s further reform and modernization process,” Bloomberg reports. During a separate meeting, Wang Yi discussed the outcomes of the Chinese Communist Party’s Third Plenum, highlighting the country’s economic direction. He also expressed a desire for members of the U
https://www.bloomberg.com/news/articles/2024-07-23/apple-and-micron-leaders-visit-china-as-us-ramps-up-chip-curbs
Whales with a lot of money to spend have taken a noticeably bearish stance on Micron Technology. Looking at options history for Micron Technology (NASDAQ:MU) we detected 30 trades. If we consider the specifics of each trade, it is accurate to state that 43% of the investors opened trades with bullish expectations and 53% with bearish. From the overall spotted trades, 10 are puts, for a total amount of $693,278 and 20, calls, for a total amount of $1,019,644. Projected Price Targets Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $95.0 to $180.0 for Micron Technology over the last 3 months. Insights into Volum
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BOISE, Idaho, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced results for its fourth quarter and full year of fiscal 2024, which ended August 29, 2024. Fiscal Q4 2024 highlights Revenue of $7.75 billion versus $6.81 billion for the prior quarter and $4.01 billion for the same period last yearGAAP net income of $887 million, or $0.79 per diluted shareNon-GAAP net income of $1.34 billion, or $1.18 per diluted shareOperating cash flow of $3.41 billion versus $2.48 billion for the prior quarter and $249 million for the same period last year Fiscal 2024 highlights Revenue of $25.11 billion versus $15.54 billion for the prior yearGAAP net income of $778
BOISE, Idaho, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), announced today that it will hold its fiscal fourth quarter and full-year earnings conference call on Wednesday, September 25, 2024, at 2:30 p.m. Mountain time. The call will be webcast live at http://investors.micron.com/. Webcast replays of presentations can be accessed from Micron's Investor Relations website for approximately one year after the call. About Micron Technology, Inc. We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing
BOISE, Idaho, June 26, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced results for its third quarter of fiscal 2024, which ended May 30, 2024. Fiscal Q3 2024 highlights Revenue of $6.81 billion versus $5.82 billion for the prior quarter and $3.75 billion for the same period last year GAAP net income of $332 million, or $0.30 per diluted shareNon-GAAP net income of $702 million, or $0.62 per diluted shareOperating cash flow of $2.48 billion versus $1.22 billion for the prior quarter and $24 million for the same period last year "Robust AI demand and strong execution enabled Micron to drive 17% sequential revenue growth, exceeding our guidance range in fiscal
BOISE, Idaho, May 28, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), announced today that it will hold its fiscal third quarter earnings conference call on Wednesday, June 26, 2024, at 2:30 p.m. Mountain time. The call will be webcast live at http://investors.micron.com/. Webcast replays of presentations can be accessed from Micron's Investor Relations website for approximately one year after the call. About Micron Technology, Inc. We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellen
BOISE, Idaho, March 20, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced results for its second quarter of fiscal 2024, which ended February 29, 2024. Fiscal Q2 2024 highlights Revenue of $5.82 billion versus $4.73 billion for the prior quarter and $3.69 billion for the same period last year GAAP net income of $793 million, or $0.71 per diluted shareNon-GAAP net income of $476 million, or $0.42 per diluted shareOperating cash flow of $1.22 billion versus $1.40 billion for the prior quarter and $343 million for the same period last year "Micron delivered fiscal Q2 results with revenue, gross margin and EPS well above the high-end of our guidance range — a tes
BOISE, Idaho, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), announced today that it will hold its fiscal second quarter earnings conference call on Wednesday, March 20, 2024, at 2:30 p.m. Mountain time. The call will be webcast live at http://investors.micron.com/. Webcast replays of presentations can be accessed from Micron's Investor Relations website for approximately one year after the call. About Micron Technology, Inc.We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excelle
BOISE, Idaho, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced results for its first quarter of fiscal 2024, which ended November 30, 2023. Fiscal Q1 2024 highlights Revenue of $4.73 billion versus $4.01 billion for the prior quarter and $4.09 billion for the same period last yearGAAP net loss of $1.23 billion, or $1.12 per diluted shareNon-GAAP net loss of $1.05 billion, or $0.95 per diluted shareOperating cash flow of $1.40 billion versus $249 million for the prior quarter and $943 million for the same period last year "Micron's strong execution and pricing drove better-than-anticipated first quarter financial results," said Micron Technology Presi
BOISE, Idaho, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), announced today that it will hold its fiscal first quarter earnings conference call on Wednesday, Dec. 20, 2023, at 2:30 p.m. Mountain time. The call will be webcast live at http://investors.micron.com/. Webcast replays of presentations can be accessed from Micron's Investor Relations website for approximately one year after the call. About Micron Technology, Inc.We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellenc
BOISE, Idaho, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced results for its fourth quarter and full year of fiscal 2023, which ended August 31, 2023. Fiscal Q4 2023 highlights Revenue of $4.01 billion versus $3.75 billion for the prior quarter and $6.64 billion for the same period last yearGAAP net loss of $1.43 billion, or $1.31 per diluted shareNon-GAAP net loss of $1.18 billion, or $1.07 per diluted shareOperating cash flow of $249 million versus $24 million for the prior quarter and $3.78 billion for the same period last year Fiscal 2023 highlights Revenue of $15.54 billion versus $30.76 billion for the prior yearGAAP net loss of $5.83 billi
BOISE, Idaho, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), announced today that it will hold its fiscal fourth quarter earnings conference call on Wednesday, September 27, 2023, at 2:30 p.m. Mountain time. The call will be webcast live at investors.micron.com. Webcast replays of presentations can be accessed from Micron's Investor Relations website for approximately one year after the call. About Micron Technology, Inc.We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence,