BOISE, Idaho, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced it is appointing Mike Cordano as the company's executive vice president of worldwide sales, effective immediately. Cordano will succeed Mike Bokan, who announced a few months ago his intention to retire from Micron in fiscal 2025 after more than twenty-eight years with the company. Bokan will support Cordano over the next several months to ensure a seamless transition. Cordano will report directly to Sanjay Mehrotra, President and CEO of Micron. Cordano joins Micron with a 30-year track record of success in executive leadership, driving innovative business development, and executing success

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

SINGAPORE, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) broke ground today on a new High-Bandwidth Memory (HBM) advanced packaging facility adjacent to the company's current facilities in Singapore. Micron marked the occasion with a ceremony attended by Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry of Singapore, Png Cheong Boon, Chairman of the Singapore Economic Development Board, Pee Beng Kong, Executive Vice President of the Singapore Economic Development Board, and Tan Boon Khai, CEO of JTC Corporation. The new HBM advanced packaging facility will be the first facility of its kind in Singapore. Operations for the new facility are sche

SANTA CLARA, Calif., Jan. 7, 2025 /PRNewswire/ -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced the expansion of its strategic collaboration with Micron Technology, Inc. (NASDAQ:MU), a global leader in memory and storage solutions. This strategic collaboration enables the high-capacity and energy-efficient solutions that hyperscalers require using Micron G9 QLC NAND for future DirectFlash® Module products. The joint effort continues a decade-long initiative of integrating Micron's latest

LAS VEGAS, Jan. 07, 2025 (GLOBE NEWSWIRE) --  Consumer Electronics Show — Micron Technology, Inc. (NASDAQ:MU), today announced expansions across its Crucial consumer memory and storage portfolio, including unveiling the high-speed Crucial P510 SSD, and expanding density and form factor options across its existing DRAM portfolio to enable broader choice and flexibility for consumers. The P510 features read and write speeds of up to 11,000/9,550 megabytes per second (MB/s), bringing blazing fast Gen5 performance to the masses. "With the exciting memory and storage offerings we're debuting today, Crucial's portfolio is now broader and stronger than ever before," said Dinesh Bahal, corpor

BOISE, Idaho, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced it is appointing Mike Cordano as the company's executive vice president of worldwide sales, effective immediately. Cordano will succeed Mike Bokan, who announced a few months ago his intention to retire from Micron in fiscal 2025 after more than twenty-eight years with the company. Bokan will support Cordano over the next several months to ensure a seamless transition. Cordano will report directly to Sanjay Mehrotra, President and CEO of Micron. Cordano joins Micron with a 30-year track record of success in executive leadership, driving innovative business development, and executing success

Micron delivers record fiscal Q1 revenue, driven by strong AI demandData center revenue grew over 40% sequentially and over 400% year over year BOISE, Idaho, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today announced results for its first quarter of fiscal 2025, which ended November 28, 2024. Fiscal Q1 2025 highlights Revenue of $8.71 billion versus $7.75 billion for the prior quarter and $4.73 billion for the same period last yearGAAP net income of $1.87 billion, or $1.67 per diluted shareNon-GAAP net income of $2.04 billion, or $1.79 per diluted shareOperating cash flow of $3.24 billion versus $3.41 billion for the prior quarter and $1.40 billion for the sam

BOISE, Idaho, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) announced today that it will hold its fiscal first quarter earnings conference call on Wednesday, Dec. 18, 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 excellenc

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