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Micron Technology, Inc. (MU) Report Analysis

Corporate Events

Positive

Micron Technology, Inc. Unveils First 1.5TB mic...

2022-06-21 06:00:00

Micron Technology, Inc. announced expansions to its embedded product portfolio and ecosystem partnerships to deliver powerful solutions optimi...

Positive

READY Robotics Corp. announced that it has rece...

2022-06-06 00:00:00

READY Robotics Corp. announced that it has received investment in a round of funding led by NVIDIA Corporation, new investor SIP Global Partne...

Positive

Micron’s New Crucial NVMe SSDs Offer Consumers ...

2022-05-31 15:02:00

Micron Technology, Inc. announced the upcoming availability of two new consumer storage products, the Crucial P3 Plus Gen4 NVMe and Crucial P3...

Neutral

Micron Technology, Inc. Presents at The Six Fiv...

2022-05-30 08:34:00

Micron Technology, Inc. Presents at The Six Five Summit, Jun-07-2022 . Speakers: Rajeeb Hazra, Senior VP and GM of Compute & Networking Business Unit.

Neutral

Futurum Research, Moor Insights & Strategy, the...

2022-05-28 09:25:00

Futurum Research, Moor Insights & Strategy, The Six Five Summit, Jun 07, 2022 through Jun 09, 2022.

Neutral

Micron Technology, Inc. Presents at ISC High Pe...

2022-05-23 13:58:00

Micron Technology, Inc. Presents at ISC High Performance 2022, May-30-2022 06:00 PM. Venue: Messe Hamburg, Hamburg, Hamburg, Germany. Speakers...

Positive

Phison Electronics Corp. Announces Strategic PC...

2022-05-23 06:30:00

Phison Electronics Corp. announced a strategic collaboration with AMD and Micron to build a cooperative PCIe Gen5 ecosystem of compatible prod...

Neutral

Micron Technology, Inc. Presents at CHCI Issue ...

2022-05-16 18:03:00

Micron Technology, Inc. Presents at CHCI Issue Summits, May-17-2022 . Venue: 600 14th Street NW, Washington, District Of Columbia, United Stat...

Positive

Micron Technology Declares Quarterly Dividend

2022-05-12 18:09:00

On May 12, 2022, at its Investor Day presentation, Micron Technology, Inc. (the “Company”) announced its intention to increase its quarterly d...

Neutral

Congressional Hispanic Caucus Institute, CHCI I...

2022-05-10 19:40:00

Congressional Hispanic Caucus Institute, CHCI Issue Summits, May 17, 2022 through May 18, 2022. Venue: 600 14th Street NW, Washington, Distric...

Neutral

Micron Technology, Inc., Annual General Meeting...

2022-04-13 12:07:00

Micron Technology, Inc., Annual General Meeting, May 11, 2022, at 09:00 US Eastern Standard Time. Location: 815 Chestnut Street North Andover ...

Positive

Micron Technology, Inc. Increases the Volume Pr...

2022-04-12 13:00:00

Micron Technology, Inc. announced the volume production of its new 16Gb GDDR6X memory, which is now shipping in the NVIDIA GeForce RTX 3090 Ti...

Negative

Micron Names Courtney Geduldig as Corporate Vic...

2022-04-07 20:00:00

Micron Technology, Inc. announced the appointment of Courtney Geduldig to the role of corporate vice president for public affairs. Prior to Mi...

Positive

Intel, Micron, and Analog Devices Join Mitre En...

2022-04-06 12:00:00

Intel, Micron, Analog Devices, and MITRE Engenuity announced they have an agreement of principles to accelerate semiconductor research, develo...

Negative

Micron Technology, Inc. Announces Change of Chi...

2022-04-05 12:05:00

Micron Technology, Inc. announced that it is appointing Mark Murphy as the company’s executive vice president and chief financial officer effe...

Negative

Micron Technology, Inc. Appoints Mark Murphy as...

2022-04-05 12:05:00

Micron Technology, Inc. announced that it is appointing Mark Murphy as the company’s executive vice president, effective April 18, 2022. Murph...

Negative

Micron Technology, Inc. Appoints Fran Dillard a...

2022-04-04 20:59:00

Micron Technology, Inc. announced the appointment of Fran Dillard to the role of vice president and chief diversity inclusion officer. Dillard...

Neutral

Tranche Update on Micron Technology, Inc. (Nasd...

2022-03-30 15:48:00

From December 3, 2021 to March 3, 2022, the company has repurchased 4,809,518 shares, representing 0.43% for $407.79 million. With this, the c...

Neutral

Micron Technology, Inc. - Analyst/Investor Day

2022-03-30 00:00:00

Micron Technology, Inc. - Analyst/Investor Day

Neutral

Micron Technology, Inc. Provides Earnings Guida...

2022-03-29 20:06:00

Micron Technology, Inc. provided earnings guidance for the third quarter of 2022. For the quarter, the company expected revenue to be $8.7 bil...

Positive

Micron Technology, Inc. Declares Quarterly Divi...

2022-03-29 20:06:00

Micron Technology, Inc. announced that Board of Directors declared a quarterly dividend of $0.10 per share, payable in cash on April 26, 2022,...

Positive

Micron Technology, Inc., $ 0.10, Cash Dividend,...

2022-03-29 00:00:00

Micron Technology, Inc., $ 0.10, Cash Dividend, Apr-08-2022

Neutral

Idaho Power and Micron Technology Partner to Ad...

2022-03-22 20:00:00

Idaho Power will facilitate construction of a new 40-megawatt (MW) solar project in partnership with Micron. The project supports Micron’s goa...

Neutral

The Society of Information Display, 59th Inter...

2022-03-18 07:01:00

The Society of Information Display, 59th International Display Week Symposium and Seminar, May 08, 2022 through May 13, 2022. Venue: San Jose...

Neutral

Micron Technology, Inc. Presents at 59th Intern...

2022-03-18 07:01:00

Micron Technology, Inc. Presents at 59th International Display Week Symposium and Seminar/2022 SID/DSCC Business Conference, May-12-2022 . Ven...

Neutral

Micron Technology, Inc. Presents at DesignCon 2...

2022-02-27 11:41:00

Micron Technology, Inc. Presents at DesignCon 2022, Apr-05-2022 04:45 PM. Venue: Santa Clara Convention Center, Santa Clara, California, Unite...

Neutral

ISC Group, Incorporated, ISC High Performance 2...

2022-02-02 11:58:00

ISC Group, Incorporated, ISC High Performance 2022, May 29, 2022 through Jun 02, 2022. Venue: Messe Hamburg, Hamburg, Hamburg, Germany.

Neutral

Informa Markets Limited, DesignCon 2022, Apr 05...

2022-01-24 17:51:00

Informa Markets Limited, DesignCon 2022, Apr 05, 2022 through Apr 07, 2022. Venue: Santa Clara Convention Center, Santa Clara, California, Uni...

Neutral

Micron Technology, Inc. Presents at COMPUTEX 20...

2022-01-20 09:26:00

Micron Technology, Inc. Presents at COMPUTEX 2022, May-23-2022 through May-27-2022. Venue: Taipei Nangang Exhibition Center Hall 1 & 2, Taipei...

Negative

Micron Technology, Inc. Announces Executive Changes

2021-12-22 22:34:00

Micron Technology, Inc. announced the appointment of Rob Beard as senior vice president, general counsel and corporate secretary. Beard succee...

Neutral

Micron Technology, Inc. Provides Earnings Guida...

2021-12-20 21:02:00

Micron Technology, Inc. provided earnings guidance for the fiscal second quarter of 2022. Revenue to be $7.5 billion ± $200 million and dilute...

Positive

Micron Technology, Inc. Declares Quarterly Divi...

2021-12-20 21:02:00

On December 17, 2021, Micron Technology, Inc.’s Board of Directors declared a quarterly dividend of $0.10 per share, payable in cash on Januar...

Neutral

Tranche Update on Micron Technology, Inc. (Nasd...

2021-12-20 16:01:00

From September 3, 2021 to December 2, 2021, the company has repurchased 3,615,502 shares, representing 0.32% for $259.06 million. With this, t...

Positive

Micron Technology, Inc., $ 0.10, Cash Dividend,...

2021-12-17 00:00:00

Micron Technology, Inc., $ 0.10, Cash Dividend, Dec-31-2021

Neutral

Micron Technology, Inc. Presents at Consumer El...

2021-12-09 16:00:00

Micron Technology, Inc. Presents at Consumer Electronics Show 2022, Jan-05-2022 . Venue: Las Vegas Convention and World Trade Center (LVCC), L...

Positive

Micron to Open Memory Design Center in Atlanta

2021-12-06 14:00:00

Micron Technology, Inc. announced plans for its new memory design center in Midtown Atlanta, expanding the company’s reach into the Southeast....

Neutral

Micron Technology, Inc. Presents at SRC-SIA Web...

2021-12-03 12:37:00

Micron Technology, Inc. Presents at SRC-SIA Webinar, Dec-09-2021 12:30 PM. Speakers: Sean Eilert, Fellow, Emerging Memory & Memory System Opti...

Neutral

Micron Technology, Inc. Presents at Tech/Auto F...

2021-12-03 02:14:00

Micron Technology, Inc. Presents at Tech/Auto Forum During the 2022 International CES, Jan-05-2022 09:55 AM. Venue: Bellagio Hotel, Las Vegas,...

Neutral

Micron Technology, Inc. and United Microelectro...

2021-12-01 14:00:00

Micron Technology, Inc. announced an expansion of its business relationship with United Microelectronics Corporation providing Micron opportun...

Neutral

Semiconductor Industry Association, SRC-SIA Web...

2021-11-30 00:00:00

Semiconductor Industry Association, SRC-SIA Webinar, Dec 09, 2021.

Negative

United Microelectronics Corporation and Micron ...

2021-11-25 22:50:00

United Microelectronics Corporation and Micron Technology, Inc. announced a settlement agreement between the two companies worldwide. The comp...

Neutral

JPMorgan Chase & Co., Tech/Auto Forum During th...

2021-11-23 14:23:00

JPMorgan Chase & Co., Tech/Auto Forum During the 2022 International CES, Jan 05, 2022. Venue: Bellagio Hotel, Las Vegas, Nevada, United States.

Neutral

Micron Technology, Inc. to Report Q1, 2022 Resu...

2021-11-09 21:01:00

Micron Technology, Inc. announced that they will report Q1, 2022 results on Dec 20, 2021

Positive

Micron Delivers High-Performance GDDR6 Memory f...

2021-11-01 13:00:00

Micron Technology, Inc. announced that its high-performance 16Gb/16Gbps GDDR6 memory solution is now available with AMD Radeon™ RX 6000 Series...

Positive

Micron Technology, Inc. Announces New Crucial D...

2021-10-27 16:00:00

Micron Technology, Inc. announced the immediate availability of Micron Crucial DDR5 desktop PC memory products that deliver up to 50% faster d...

Positive

Texas Instruments Incorporated (NasdaqGS:TXN) c...

2021-10-22 00:00:00

Texas Instruments Incorporated (NasdaqGS:TXN) signed a definitive agreement to acquire 300-mm semiconductor factory in Lehi, Utah from Micron ...

Positive

Micron Technology, Inc. Enters an Underwriting ...

2021-10-19 20:54:00

On October 18, 2021, Micron Technology, Inc. entered into an underwriting agreement with Barclays Capital Inc., Credit Agricole Securities (US...

Neutral

Micron Technology, Inc. Presents at Credit Suis...

2021-10-18 15:12:00

Micron Technology, Inc. Presents at Credit Suisse 25th Annual Technology Conference, Dec-01-2021 09:20 AM. Venue: The Phoenician Hotel, Scotts...

Positive

Micron Technology, Inc. has announced a Fixed-I...

2021-10-18 00:00:00

Micron Technology, Inc. has announced a Fixed-Income Offering. Security Name: Fixed Rate Senior Unsecured Green Notes Security Type: Corpo...

Positive

Micron Technology, Inc. has completed a Fixed-I...

2021-10-18 00:00:00

Micron Technology, Inc. has completed a Fixed-Income Offering in the amount of $1 billion. Security Name: 2.703% Senior Unsecured Green Not...

Positive

Micron Technology, Inc. has announced a Fixed-I...

2021-10-18 00:00:00

Micron Technology, Inc. has announced a Fixed-Income Offering. Security Name: Fixed Rate Senior Unsecured Green Notes Security Type: Corpo...

Positive

Micron Technology, Inc. has completed a Fixed-I...

2021-10-18 00:00:00

Micron Technology, Inc. has completed a Fixed-Income Offering in the amount of $500 million. Security Name: 3.366% Senior Unsecured Notes d...

Negative

Barclays Capital Inc. has been added as the Co-...

2021-10-18 00:00:00

Barclays Capital Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

Mizuho Securities USA LLC has been added as the...

2021-10-18 00:00:00

Mizuho Securities USA LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

Wells Fargo Securities, LLC has been added as t...

2021-10-18 00:00:00

Wells Fargo Securities, LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

HSBC Securities (USA) Inc. has been added as th...

2021-10-18 00:00:00

HSBC Securities (USA) Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

Morgan Stanley & Co. LLC has been added as the ...

2021-10-18 00:00:00

Morgan Stanley & Co. LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

ANZ Securities, Inc. has been added as the Co-L...

2021-10-18 00:00:00

ANZ Securities, Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

BNP Paribas Securities Corp. has been added as ...

2021-10-18 00:00:00

BNP Paribas Securities Corp. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

BofA Securities, Inc. has been added as the Co-...

2021-10-18 00:00:00

BofA Securities, Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

Goldman Sachs & Co. LLC has been added as the C...

2021-10-18 00:00:00

Goldman Sachs & Co. LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

RBC Capital Markets, LLC has been added as the ...

2021-10-18 00:00:00

RBC Capital Markets, LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Positive

Micron Technology, Inc. has announced a Fixed-I...

2021-10-18 00:00:00

Micron Technology, Inc. has announced a Fixed-Income Offering. Security Name: Fixed Rate Senior Unsecured Green Notes Security Type: Corpo...

Positive

Micron Technology, Inc. has completed a Fixed-I...

2021-10-18 00:00:00

Micron Technology, Inc. has completed a Fixed-Income Offering in the amount of $500 million. Security Name: 3.477% Senior Unsecured Notes d...

Negative

Barclays Capital Inc. has been added as the Co-...

2021-10-18 00:00:00

Barclays Capital Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

Mizuho Securities USA LLC has been added as the...

2021-10-18 00:00:00

Mizuho Securities USA LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

Wells Fargo Securities, LLC has been added as t...

2021-10-18 00:00:00

Wells Fargo Securities, LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

HSBC Securities (USA) Inc. has been added as th...

2021-10-18 00:00:00

HSBC Securities (USA) Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

Morgan Stanley & Co. LLC has been added as the ...

2021-10-18 00:00:00

Morgan Stanley & Co. LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

ANZ Securities, Inc. has been added as the Co-L...

2021-10-18 00:00:00

ANZ Securities, Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

BNP Paribas Securities Corp. has been added as ...

2021-10-18 00:00:00

BNP Paribas Securities Corp. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

BofA Securities, Inc. has been added as the Co-...

2021-10-18 00:00:00

BofA Securities, Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

Goldman Sachs & Co. LLC has been added as the C...

2021-10-18 00:00:00

Goldman Sachs & Co. LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

RBC Capital Markets, LLC has been added as the ...

2021-10-18 00:00:00

RBC Capital Markets, LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Neutral

Micron Technology, Inc., Q1 2022 Earnings Call,...

2021-10-14 03:35:00

Micron Technology, Inc., Q1 2022 Earnings Call, Dec 20, 2021

Positive

Micron 7400 SSD With NVMe Delivers PCIe Gen4 Pe...

2021-10-06 15:00:00

Micron Technology, Inc. announced availability of the Micron 7400 SSD with NVMe, delivering form factor flexibility, PCIe Gen4 performance, an...

Neutral

Computex, Taiwan External Trade Development Co...

2021-10-06 07:37:00

Computex, Taiwan External Trade Development Council, Taipei Computer Association, COMPUTEX 2022, May 23, 2022 through May 27, 2022. Venue: Ta...

Neutral

Micron Technology, Inc. Provides Earnings Guida...

2021-09-28 20:01:00

Micron Technology, Inc. provided earnings guidance for the first quarter of 2022. For the first quarter of 2022, the company expects revenue o...

Neutral

Tranche Update on Micron Technology, Inc. (Nasd...

2021-09-28 16:02:00

From June 4, 2021 to September 2, 2021, the company has repurchased 13,850,274 shares, representing 1.24% for $1,050.13 million. With this, th...

Neutral

Micron Technology, Inc. to Report Q4, 2021 Resu...

2021-08-31 20:02:00

Micron Technology, Inc. announced that they will report Q4, 2021 results on Sep 28, 2021

Neutral

Micron Technology, Inc., Q4 2021 Earnings Call,...

2021-08-27 03:26:00

Micron Technology, Inc., Q4 2021 Earnings Call, Sep 28, 2021

Neutral

Micron Technology, Inc. Presents at 2021 BMO Vi...

2021-08-03 20:01:00

Micron Technology, Inc. Presents at 2021 BMO Virtual Technology Summit, Aug-24-2021 11:00 AM. Speakers: Sumit Sadana, Executive VP & Chief Bus...

Positive

Micron Technology, Inc. Announces Immediate Ava...

2021-08-03 13:00:00

Micron Technology, Inc. announced the immediate availability of Crucial P5 Plus PCIe SSDs as an expansion of its NVMe solid-state drive (SSD) ...

Neutral

Micron Technology, Inc. - Special Call

2021-08-02 21:28:00

To discuss its updated capital allocation strategy

Positive

Micron Technology, Inc. Initiates a Quarterly C...

2021-08-02 20:01:00

Micron Technology, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.10 per share of Micron’s outstanding Com...

Positive

Micron Technology, Inc., $ 0.10, Cash Dividend,...

2021-08-02 00:00:00

Micron Technology, Inc., $ 0.10, Cash Dividend, Sep-30-2021

Positive

Micron Technology, Inc. Launches 176-Layer NAND...

2021-07-29 12:00:00

Micron Technology, Inc. announced it has begun volume shipments of the world’s first 176-layer NAND Universal Flash Storage (UFS) 3.1 mobile s...

Neutral

Micron Technology, Inc. Presents at Rosenblatt ...

2021-07-28 13:42:00

Micron Technology, Inc. Presents at Rosenblatt Securities Technology Summit – The Age of AI Scaling, Aug-25-2021 03:00 PM. Speakers: Farhan Ah...

Neutral

Rosenblatt Securities Inc., Rosenblatt Securiti...

2021-07-28 08:31:00

Rosenblatt Securities Inc., Rosenblatt Securities Technology Summit – The Age of AI Scaling, Aug 24, 2021 through Aug 26, 2021.

Neutral

Nasdaq, Inc., Nasdaq Virtual Investor Conferenc...

2021-07-20 03:18:00

Nasdaq, Inc., Nasdaq Virtual Investor Conference in Asia, Aug 10, 2021 through Aug 11, 2021.

Neutral

Micron Technology, Inc. Presents at 22nd Annual...

2021-07-20 03:18:00

Micron Technology, Inc. Presents at 22nd Annual KeyBanc Virtual Technology Leadership Forum, Aug-10-2021 01:20 PM. Venue: Grand Hyatt, Vail, C...

Neutral

Micron Technology, Inc. Presents at Nasdaq Virt...

2021-07-20 03:18:00

Micron Technology, Inc. Presents at Nasdaq Virtual Investor Conference in Asia, Aug-10-2021 .

Neutral

Micron Technology, Inc. - Shareholder/Analyst Call

2021-07-20 03:18:00

Micron Technology, Inc. - Shareholder/Analyst Call

Neutral

BMO Capital Markets Corp., 2021 BMO Virtual Tec...

2021-07-14 05:10:00

BMO Capital Markets Corp., 2021 BMO Virtual Technology Summit, Aug 24, 2021 through Aug 25, 2021.

Neutral

Tranche Update on Micron Technology, Inc. (Nasd...

2021-07-01 14:04:00

From March 5, 2021 to June 3, 2021, the company has repurchased 1,739,807 shares, representing 0.16% for $150.02 million. With this, the compa...

Neutral

Micron Technology, Inc. Provides Earnings Guida...

2021-06-30 20:08:00

Micron Technology, Inc. provides earnings guidance for the fourth quarter of 2021. For the fourth quarter of 2021, the company expects, Revenu...

Positive

Texas Instruments Incorporated (NasdaqGS:TXN) s...

2021-06-30 00:00:00

Texas Instruments Incorporated (NasdaqGS:TXN) signed a definitive agreement to acquire 300-mm semiconductor factory in Lehi, Utah from Micron ...

Positive

Micron Technology, Inc. Unveils First 1.5TB microSD Card and Automotive Functional Safety-Certified Memory to Fuel Data at Intelligent Edge

2022-06-21 06:00:00

Micron Technology, Inc. announced expansions to its embedded product portfolio and ecosystem partnerships to deliver powerful solutions optimized for complex memory and storage demands at the intelligent edge. The company is sampling to customers the highest-capacity microSD card, the i400, at an unprecedented density of 1.5 terabytes (TB). This card is designed for industrial-grade video security with the world's first 176-layer 3D NAND, also pioneered by Micron. To better provide its high-performance, ruggedized solutions to the industrial market, Micron is also adding partners to its Industrial Quotient (IQ) partner program. Additionally, the company is announcing it has received the first International Organization of Standardization (ISO) 26262 Automotive Safety Integrity Level (ASIL) D certification of memory for its low-power double data rate 5 (LPDDR5) DRAM, which is based on its first-to-market 1<ALPHA> (1-alpha) process node. With next-generation advanced driver-assistance systems (ADAS) applications requiring increasing levels of autonomy and safety, this certification validates that Micron's LPDDR5 meets strict functional safety standards and positions it to enable innovations that will unleash full autonomy in intelligent vehicles. As 5G, artificial intelligence (AI) and the internet of things (IoT) converge at the edge, the world is experiencing an explosion of devices across autonomous vehicles, video security, smart factories, energy infrastructure, robotics, industrial transport, health care and more. ABI Research estimates 25 billion connected IoT devices by 2026, each generating enormous amounts of mission-critical data. This data increasingly needs to be stored, managed and analyzed at the edge -- where it is created -- for actionable real-time insights. Facilitating these tasks requires industrial-grade memory and storage capable of processing massive data sets in harsh conditions, from high temperatures to shock and vibrations. These solutions generate more value for enterprises at the intelligent edge with proprietary features purpose-built for industrial applications. Unlike consumer-grade memory and storage that can malfunction in industrial environments and result in critical data loss or disrupted operations, Micron's i400 and automotive LPDDR5 are uniquely tailored to offer the longevity and reliability needed to speed innovation and extract greater business value at the edge. World's first 1.5TB microSD delivers industrial storage for AI-enhanced video security With rising demand for real-time video security, the internet protocol video security and video security-as-a-service (VSaaS) market is estimated to be worth $83 billion by 2030. Fleet dash cameras, smart home security, police body cameras and AI-enabled cameras in factories all need storage capable of handling media-rich data. As the world's highest-capacity microSD card, Micron's i400 is ideally suited for video storage at the edge and hybrid VSaaS deployments. The substantial 1.5TB density can store up to four months or 120 days of video security media locally, enabling users to optimize what data is stored in the cloud. The high capacity eliminates the need to continuously upload data to the cloud for primary storage, a process that guzzles network bandwidth and operational expenses.(3) Small businesses looking to reduce expensive bandwidth or remote sites -- such as cargo ships or oil rigs with limited connectivity -- can instead periodically upload data to the cloud for backup while relying day to day on i400 storage at the edge. Bringing primary storage to the edge enables real-time AI analytics and faster decision-making within smart cameras. This speed is especially crucial for critical law enforcement, public health or safety decisions. Unlike most cards on the market that are consumer-grade and have limited write capability, the i400 is designed for the video security environment with features such as: Five year of high-quality continuous 24x7 recording -- Ability to concurrently handle 4K video recording and up to eight AI events per second, such as object detection and classification like license plate or facial recognition -- Two million hours for mean time to failure.

Positive

READY Robotics Corp. announced that it has received funding from NVIDIA Corporation, SIP Global Partners, Micron Technology, Inc.

2022-06-06 00:00:00

READY Robotics Corp. announced that it has received investment in a round of funding led by NVIDIA Corporation, new investor SIP Global Partners on June 6, 2022. The transaction also included participation from returning investor Micron Technology, Inc.

Positive

Micron’s New Crucial NVMe SSDs Offer Consumers More Fast, Affordable and Reliable Choices

2022-05-31 15:02:00

Micron Technology, Inc. announced the upcoming availability of two new consumer storage products, the Crucial P3 Plus Gen4 NVMe and Crucial P3 NVMe solid state drives (SSDs), as an expansion of its award-winning Crucial NVMe SSD product portfolio. The all new Crucial P3 Plus SSD product line will deliver attractive price-performance metrics with sequential read/write speeds up to 5000/4200MB/s, while next-generation Crucial P3 SSDs will provide read/write speeds up to 3500/3000MB/s. Both drives will be available in capacities up to 4TB, making them the ideal scalable storage solutions that professionals, creatives, gamers and other high-performance users need. The Crucial P3 Plus Gen4 NVMe SSD delivers load times and data transfers that are nearly nine times faster than SATA SSDs and up to 43% faster than the fastest Gen SSDs – perfect for a new NVMe Gen PC build or a NVMe Gen system upgrade. Built with Micron advanced 176L 3D NAND, the Crucial P3 Plus has been tested and validated to the exacting standards users expect from one of the world’s leading manufacturers of flash memory. The P3 Plus is a robust storage solution with room to spare for all the apps, programs, files, photos, videos and games high-performance users may require. Additionally, the P3 Plus SSD offers flexible backward compatibility for most Gen3 systems. The Crucial P3 Gen3 NVMe SSD has load times six times faster than SATA SSDs and over twenty times faster than hard disk drives (HDDs), while offering performance that is 45% faster than the previous generation. Fast bootups, downloads and file transfers make the Crucial P3 SSD well-suited for DIYers, casual gamers, professionals, entry-level designers — anyone who requires a high-quality NVMe on a budget or is looking to upgrade their PC away from older SATA or HDD technologies. With anticipated availability later this summer, the new Crucial P3 Plus and P3 SSDs round out Crucial’s internal and external SSD product offerings, which include the P5 Plus, X8, X6, MX500, and BX500. Additionally, both the P3 and the P3 Plus SSDs will come with Crucial Storage Executive management software for performance optimization, as well as free cloning software to ensure easy installation right out of the box. As Micron’s global consumer brand, Crucial is uniquely able to connect millions of customers to the innovation and technology that Micron has been perfecting for more than four decades. For over 25 years, online tools like the Crucial System Scanner have made it easy for customers such as content professionals, gamers, PC enthusiasts and DIY system builders to find compatible memory (DRAM) and storage (SSD) products for more than 175,000 desktops, laptops and workstations. Crucial products are available on crucial.com and worldwide from leading retail and e-tail stores, commercial resellers and system integrators, enhancing system performance and user productivity on every continent.

Neutral

Micron Technology, Inc. Presents at The Six Five Summit, Jun-07-2022

2022-05-30 08:34:00

Micron Technology, Inc. Presents at The Six Five Summit, Jun-07-2022 . Speakers: Rajeeb Hazra, Senior VP and GM of Compute & Networking Business Unit.

Neutral

Futurum Research, Moor Insights & Strategy, the Six Five Summit, Jun 07, 2022 through Jun 09, 2022

2022-05-28 09:25:00

Futurum Research, Moor Insights & Strategy, The Six Five Summit, Jun 07, 2022 through Jun 09, 2022.

Neutral

Micron Technology, Inc. Presents at ISC High Performance 2022, May-30-2022 06:00 PM

2022-05-23 13:58:00

Micron Technology, Inc. Presents at ISC High Performance 2022, May-30-2022 06:00 PM. Venue: Messe Hamburg, Hamburg, Hamburg, Germany. Speakers: Abhishek Chaurasia, Aliasger Zaidy.

Positive

Phison Electronics Corp. Announces Strategic PCIe Gen5 Relationship with AMD and Micron at Computex 2022

2022-05-23 06:30:00

Phison Electronics Corp. announced a strategic collaboration with AMD and Micron to build a cooperative PCIe Gen5 ecosystem of compatible products that elevate the gaming and creator experience. Phison’s role includes delivering a class-leading PCie Gen5 SSD controller – PS5026-E26 – that features nearly a 2x performance increase over the previous generation flagship while adhering to the same power limitations of the M.2 form factor. The need for high-speed storage has increased with the popularity of 5G Wireless availability worldwide. Global markets including desktop PC, notebooks, gaming consoles, cloud servers and even mobile devices will benefit from increased data transfer rates and the bandwidth available for multitask purposes. The ecosystem consisting of AMD’s AM5 platform, Phison’s PS5026-E26 controller, Micron’s DDR5 DRAM and Replacement Gate 3D NAND allow for platform acceleration across the entire system to meet the requirements for today’s always-connected lifestyle.Phison has an all-inclusive schedule for Computex 2022 with an exciting full scale product line of storage solutions. In addition to showing the flagship PS5026-E26 PCIe Gen5 controller, the company will also introduce: The first PCIe Gen4 BGA SSD using the PS5021-E21T controller. PS5027-E27T, a next generation DRAMless PCIe Gen4 solution designed to overcome the stick power requirements of mobile computing, will be discussed for the first time. E18DC, an M.2 form factor data center solution for diverse workloads including server boot and read intensive. PS8318, a UFS 3.1 problem solver targeting a wide-range of markets including VR, and mobile. E21T, an energy efficient industrial embedded Gen4 solution designed to drive down costs while increasing productivity. MPT Series of customized automotive storage products. The World’s First PCIe 5.0 Redriver IC certified by PCI-SIG.

Neutral

Micron Technology, Inc. Presents at CHCI Issue Summits, May-17-2022

2022-05-16 18:03:00

Micron Technology, Inc. Presents at CHCI Issue Summits, May-17-2022 . Venue: 600 14th Street NW, Washington, District Of Columbia, United States. Speakers: Karina Colotl, Process Engineer.

Positive

Micron Technology Declares Quarterly Dividend

2022-05-12 18:09:00

On May 12, 2022, at its Investor Day presentation, Micron Technology, Inc. (the “Company”) announced its intention to increase its quarterly dividend from $0.10 per share of outstanding Company common stock to $0.115 per share of outstanding Company common stock.

Neutral

Congressional Hispanic Caucus Institute, CHCI Issue Summits, May 17, 2022 through May 18, 2022

2022-05-10 19:40:00

Congressional Hispanic Caucus Institute, CHCI Issue Summits, May 17, 2022 through May 18, 2022. Venue: 600 14th Street NW, Washington, District Of Columbia, United States.

Neutral

Micron Technology, Inc., Annual General Meeting, May 11, 2022

2022-04-13 12:07:00

Micron Technology, Inc., Annual General Meeting, May 11, 2022, at 09:00 US Eastern Standard Time. Location: 815 Chestnut Street North Andover Massachusetts United States

Positive

Micron Technology, Inc. Increases the Volume Production of Its New 16Gb GDDR6X Memory

2022-04-12 13:00:00

Micron Technology, Inc. announced the volume production of its new 16Gb GDDR6X memory, which is now shipping in the NVIDIA GeForce RTX 3090 Ti graphics card. The latest GDDR6X memory, available only from Micron, features twice the capacity and up to 15% higher performance over the previous 8Gb version. These additional capabilities mean end users can experience razor-sharp visuals, higher frame rates and outstanding performance in memory-intensive applications like gaming and content creation. Today Micron extends its performance leadership by providing a new graphics memory with 16Gb capacity and running at an industry-best 21Gb/s in the GeForce RTX 3090 Ti. With a performance roadmap up to 24Gb/s, GDDR6X is ready for data-hungry applications of the future. Additionally, Micron’s innovative use of PAM4 signal techniques in GDDR6X make it more power efficient than any of the GDDR6 products publicly available. As games and graphic rendering techniques become even more sophisticated, graphics processing units require massive amounts of data to move at incredible speeds, which can challenge system graphics memory. Virtual reality gaming, 4K and 8K monitors with 240Hz refresh rates, and intense 3D CAD applications stretch the limits of graphics systems. The unrivaled memory bandwidth of GDDR6X enables these high-resolution experiences with ultra-fast frame rates and near-instant rendering, providing users with lifelike effects. GDDR6X capabilities, integrated with the GeForce RTX 3090 Ti graphics card, improve real-time ray tracing and neural graphics processing to deliver the immersive, cinematic effects virtual worlds demand. The GeForce RTX 3090 Ti features 24GB of GDDR6X enabling 40 teraflops of GPU performance. The breakthrough bandwidth of GDDR6X is possible because of Micron’s work with PAM4 signal transmission technology, which has revolutionized how memory moves data. Micron’s PAM4 signaling technique means GDDR6X increases memory bandwidth and powers system bandwidth up to 1TB/s, making it the optimal choice for graphics applications that require exceptionally fast, lower power memory. No other memory vendor offers this capability.

Negative

Micron Names Courtney Geduldig as Corporate Vice President for Public Affairs

2022-04-07 20:00:00

Micron Technology, Inc. announced the appointment of Courtney Geduldig to the role of corporate vice president for public affairs. Prior to Micron, Geduldig was head of government and public affairs at Chime Financial. Previously, she had worked for nearly a decade at S&P Global, most recently as executive vice president and chief public and government affairs officer. Prior to her role at S&P Global, she served as head of regulatory and federal affairs at the Financial Services Forum, chief financial counsel to Sen. Geduldig is an independent director on the board of ReliabilityFirst and a member of the Maryland State Bar.

Positive

Intel, Micron, and Analog Devices Join Mitre Engenuity’s Semiconductor Alliance to Define Principles for Joint Research and Collaboration for A More Resilient U.S. Semiconductor Industry

2022-04-06 12:00:00

Intel, Micron, Analog Devices, and MITRE Engenuity announced they have an agreement of principles to accelerate semiconductor research, development, and prototyping to build a more robust U.S. semiconductor industry, foster advanced manufacturing in the United States, and protect intellectual property amid increased global competition. This engagement signifies a commitment to collaborate on ensuring the resiliency of the industry. It establishes the Semiconductor Alliance to propose the foundation for a whole-of-nation approach for a more innovation-focused U.S. semiconductor industry and supply chain, one that ensures American innovation truly leads to American growth. The Semiconductor Alliance, led by MITRE Engenuity, was developed from working groups in 2021, and its principles were published in a white paper on American Innovation for American Growth summarizing the Alliance’s whole-of-nation call to action for a fair and objective National Semiconductor Technology Center (NSTC). The leading U.S. semiconductor manufacturers—Intel, Micron, and Analog Devices—and MITRE Engenuity seek engagement from industry and experts from all facets of the U.S. semiconductor ecosystem, including integrated device manufacturers; fabless chip companies; providers of infrastructure, design, and manufacturing tools; and technology innovators from industry and academia. MITRE Engenuity is built on MITRE’s 60+ year history of serving as an independent, objective bridge and convener of government, industry, and academia, bringing together the whole of nation to tackle some of the biggest challenges to national security.

Negative

Micron Technology, Inc. Announces Change of Chief Financial Officer Effective April 18, 2022

2022-04-05 12:05:00

Micron Technology, Inc. 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. Murphy will report to Mehrotra and oversee Micron’s finance organization, including all finance functions, tax, treasury, internal audit and investor relations. He will be responsible for driving capital allocation to optimize revenue growth, profitability and shareholder returns. Murphy will be joining Micron from Qorvo, where he has been CFO since 2016. With Murphy’s appointment, interim CFO Sumit Sadana will return full time to his long-standing role as chief business officer for the company.

Negative

Micron Technology, Inc. Appoints Mark Murphy as Executive Vice President, Effective April 18, 2022

2022-04-05 12:05:00

Micron Technology, Inc. announced that it is appointing Mark Murphy as the company’s executive vice president, 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. Murphy will report to Mehrotra and oversee Micron’s finance organization, including all finance functions, tax, treasury, internal audit and investor relations. He will be responsible for driving capital allocation to optimize revenue growth, profitability and shareholder returns. Murphy will be joining Micron from Qorvo, where he has been CFO since 2016.

Negative

Micron Technology, Inc. Appoints Fran Dillard as Chief Diversity Inclusion Officer

2022-04-04 20:59:00

Micron Technology, Inc. announced the appointment of Fran Dillard to the role of vice president and chief diversity inclusion officer. Dillard brings more than 20 years of diversity leadership and HR experience to advance the company’s key diversity initiatives. Dillard was most recently the executive director of global diversity and inclusion enterprise programs, partnerships, and strategic solutions for Lockheed Martin Corporation. Prior to joining Lockheed Martin, she was the global head of diversity and inclusion for Texas Instruments in Dallas for 13 years. Dillard has led award-winning corporate programs that have been recognized by the National Association for Female Executives, the National Diversity Council and the PRISM National ERG Council.? She is a fellow of the National African-American Women’s Leadership Institute, and currently serves on the board of directors for Leadership Women, Inc. and for the Alliance for Greater Works.?She holds a bachelor’s degree in Public Relations and a Master of Business Administration from the University of Texas at Arlington.

Neutral

Tranche Update on Micron Technology, Inc. (NasdaqGS:MU)'s Equity Buyback Plan announced on May 21, 2018.

2022-03-30 15:48:00

From December 3, 2021 to March 3, 2022, the company has repurchased 4,809,518 shares, representing 0.43% for $407.79 million. With this, the company has completed the repurchase of 94,051,375 shares, representing 8.27% for $4,705.62 million under the buyback announced on May 21, 2018.

Neutral

Micron Technology, Inc. - Analyst/Investor Day

2022-03-30 00:00:00

Micron Technology, Inc. - Analyst/Investor Day

Neutral

Micron Technology, Inc. Provides Earnings Guidance for the Third Quarter of 2022

2022-03-29 20:06:00

Micron Technology, Inc. provided earnings guidance for the third quarter of 2022. For the quarter, the company expected revenue to be $8.7 billion ± $200 million and diluted earnings per share to be $2.33 ± $0.10.

Positive

Micron Technology, Inc. Declares Quarterly Dividend, Payable in Cash on April 26, 2022

2022-03-29 20:06:00

Micron Technology, Inc. announced that Board of Directors declared a quarterly dividend of $0.10 per share, payable in cash on April 26, 2022, to shareholders of record as of the close of business on April 11, 2022.

Positive

Micron Technology, Inc., $ 0.10, Cash Dividend, Apr-08-2022

2022-03-29 00:00:00

Micron Technology, Inc., $ 0.10, Cash Dividend, Apr-08-2022

Neutral

Idaho Power and Micron Technology Partner to Advance Solar-Powered Renewable Energy in Idaho

2022-03-22 20:00:00

Idaho Power will facilitate construction of a new 40-megawatt (MW) solar project in partnership with Micron. The project supports Micron’s goal to source 100% renewable energy for its U.S. operations by the end of 2025. As part of the contract, Idaho Power has asked the Idaho Public Utilities Commission (IPUC) to approve a power purchase agreement with Black Mesa Energy, LLC, an oil and gas exploration and production company, to develop a dedicated solar facility for Micron’s renewable energy use. The new facility will be located near Micron’s Boise corporate headquarters, epicenter of Micron’s world leading research and development. Micron has been steadily working toward its sustainability and renewable energy goals globally, and the project represents a notable milestone for the company in advancing its progress in the U.S.

Neutral

The Society of Information Display, 59th International Display Week Symposium and Seminar, May 08, 2022 through May 13, 2022

2022-03-18 07:01:00

The Society of Information Display, 59th International Display Week Symposium and Seminar, May 08, 2022 through May 13, 2022. Venue: San Jose, California, United States.

Neutral

Micron Technology, Inc. Presents at 59th International Display Week Symposium and Seminar/2022 SID/DSCC Business Conference, May-12-2022

2022-03-18 07:01:00

Micron Technology, Inc. Presents at 59th International Display Week Symposium and Seminar/2022 SID/DSCC Business Conference, May-12-2022 . Venue: San Jose, California, United States. Speakers: Mary Loomas, CVP of finance.

Neutral

Micron Technology, Inc. Presents at DesignCon 2022, Apr-05-2022 04:45 PM

2022-02-27 11:41:00

Micron Technology, Inc. Presents at DesignCon 2022, Apr-05-2022 04:45 PM. Venue: Santa Clara Convention Center, Santa Clara, California, United States. Speakers: Randy Wolff, Principal Engineer.

Neutral

ISC Group, Incorporated, ISC High Performance 2022, May 29, 2022 through Jun 02, 2022

2022-02-02 11:58:00

ISC Group, Incorporated, ISC High Performance 2022, May 29, 2022 through Jun 02, 2022. Venue: Messe Hamburg, Hamburg, Hamburg, Germany.

Neutral

Informa Markets Limited, DesignCon 2022, Apr 05, 2022 through Apr 07, 2022

2022-01-24 17:51:00

Informa Markets Limited, DesignCon 2022, Apr 05, 2022 through Apr 07, 2022. Venue: Santa Clara Convention Center, Santa Clara, California, United States.

Neutral

Micron Technology, Inc. Presents at COMPUTEX 2022, May-23-2022 through May-27-2022

2022-01-20 09:26:00

Micron Technology, Inc. Presents at COMPUTEX 2022, May-23-2022 through May-27-2022. Venue: Taipei Nangang Exhibition Center Hall 1 & 2, Taipei, Taiwan. Presentation Date & Speakers: May-25-2022, David Moore, Chief Strategy Officer & Senior VP. May-26-2022, Dinesh Bahal, Corporate Vice President, Consumer and Components Group.

Negative

Micron Technology, Inc. Announces Executive Changes

2021-12-22 22:34:00

Micron Technology, Inc. announced the appointment of Rob Beard as senior vice president, general counsel and corporate secretary. Beard succeeds Joel Poppen, who earlier this year announced his plans to retire after more than 26 years of exemplary service to the company, including serving as Micron's senior vice president of Legal Affairs, general counsel and corporate secretary since 2013. Beard will lead Micron's global legal, intellectual property, and compliance and ethics functions, comprising a strong team of lawyers, paralegals and other professionals across Micron's global footprint.

Neutral

Micron Technology, Inc. Provides Earnings Guidance for the Fiscal Second Quarter of 2022

2021-12-20 21:02:00

Micron Technology, Inc. provided earnings guidance for the fiscal second quarter of 2022. Revenue to be $7.5 billion ± $200 million and diluted earnings per share to be $1.83 ± $0.10.

Positive

Micron Technology, Inc. Declares Quarterly Dividend, Payable on January 18, 2022

2021-12-20 21:02:00

On December 17, 2021, Micron Technology, Inc.’s Board of Directors declared a quarterly dividend of $0.10 per share, payable in cash on January 18, 2022, to shareholders of record as of the close of business on January 3, 2022.

Neutral

Tranche Update on Micron Technology, Inc. (NasdaqGS:MU)'s Equity Buyback Plan announced on May 21, 2018.

2021-12-20 16:01:00

From September 3, 2021 to December 2, 2021, the company has repurchased 3,615,502 shares, representing 0.32% for $259.06 million. With this, the company has completed the repurchase of 89,241,857 shares, representing 7.84% for $4,297.82 million under the buyback announced on May 21, 2018.

Positive

Micron Technology, Inc., $ 0.10, Cash Dividend, Dec-31-2021

2021-12-17 00:00:00

Micron Technology, Inc., $ 0.10, Cash Dividend, Dec-31-2021

Neutral

Micron Technology, Inc. Presents at Consumer Electronics Show 2022, Jan-05-2022

2021-12-09 16:00:00

Micron Technology, Inc. Presents at Consumer Electronics Show 2022, Jan-05-2022 . Venue: Las Vegas Convention and World Trade Center (LVCC), Las Vegas Convention Center West Hall, Space #4865, Las Vegas, Nevada, United States.

Positive

Micron to Open Memory Design Center in Atlanta

2021-12-06 14:00:00

Micron Technology, Inc. announced plans for its new memory design center in Midtown Atlanta, expanding the company’s reach into the Southeast. The new site, which will open its doors for business in January 2022, enables Micron to increase its access to Atlanta’s rich pool of technical talent to further advance its memory design and engineering leadership, while also driving a positive impact in the community. Micron aims to build strong partnerships with many institutions in the region including Emory University, Georgia Tech, Morehouse College, Spelman College and University of Georgia.

Neutral

Micron Technology, Inc. Presents at SRC-SIA Webinar, Dec-09-2021 12:30 PM

2021-12-03 12:37:00

Micron Technology, Inc. Presents at SRC-SIA Webinar, Dec-09-2021 12:30 PM. Speakers: Sean Eilert, Fellow, Emerging Memory & Memory System Optimization Technology Pathfinding Group.

Neutral

Micron Technology, Inc. Presents at Tech/Auto Forum During the 2022 International CES, Jan-05-2022 09:55 AM

2021-12-03 02:14:00

Micron Technology, Inc. Presents at Tech/Auto Forum During the 2022 International CES, Jan-05-2022 09:55 AM. Venue: Bellagio Hotel, Las Vegas, Nevada, United States. Speakers: David A. Zinsner, Executive VP & CFO.

Neutral

Micron Technology, Inc. and United Microelectronics Corporation Expand Relationship to Strengthen Customer Supply Chains

2021-12-01 14:00:00

Micron Technology, Inc. announced an expansion of its business relationship with United Microelectronics Corporation providing Micron opportunities to secure supply for automotive, mobile and critical customers into the future.

Neutral

Semiconductor Industry Association, SRC-SIA Webinar, Dec 09, 2021

2021-11-30 00:00:00

Semiconductor Industry Association, SRC-SIA Webinar, Dec 09, 2021.

Negative

United Microelectronics Corporation and Micron Technology, Inc. Announce Global Settlement

2021-11-25 22:50:00

United Microelectronics Corporation and Micron Technology, Inc. announced a settlement agreement between the two companies worldwide. The companies will globally withdraw their complaints against the other party, and UMC will make a one-time payment of an undisclosed amount to Micron. UMC and Micron look forward to engaging in mutual business cooperation opportunities.

Neutral

JPMorgan Chase & Co., Tech/Auto Forum During the 2022 International CES, Jan 05, 2022

2021-11-23 14:23:00

JPMorgan Chase & Co., Tech/Auto Forum During the 2022 International CES, Jan 05, 2022. Venue: Bellagio Hotel, Las Vegas, Nevada, United States.

Neutral

Micron Technology, Inc. to Report Q1, 2022 Results on Dec 20, 2021

2021-11-09 21:01:00

Micron Technology, Inc. announced that they will report Q1, 2022 results on Dec 20, 2021

Positive

Micron Delivers High-Performance GDDR6 Memory for AMD Radeon RX 6000 Series Graphics Cards

2021-11-01 13:00:00

Micron Technology, Inc. announced that its high-performance 16Gb/16Gbps GDDR6 memory solution is now available with AMD Radeon™ RX 6000 Series graphics cards built on the AMD RDNA™ 2 gaming architecture. Using Micron’s advanced 1z process technology, this latest version of GDDR6 enables up to 512GB/s system performance for demanding applications like gaming and graphics. Today’s announcement continues Micron’s rich history of innovation and collaboration with industry leaders to deliver breakthrough performance that enables the most advanced gaming solutions. As graphics and gaming applications become more demanding, so do the requirements for high bandwidth memory and system performance. Modern gamers expect high-resolution, immersive experiences, and GDDR6 delivers with its support of fast frame rates. The result is excellent performance and speed that minimize lag time and provide gamers with lifelike effects. AMD RDNA 2 gaming architecture is optimized to deliver high performance and power efficiency. Harnessing the benefits of AMD RDNA 2 gaming architecture, AMD Radeon RX 6000 Series graphics cards address the ever-increasing demands of modern games, delivering high frame rates, incredible visual fidelity and highly responsive gaming experiences. Select AMD Radeon RX 6000 Series graphics cards equipped with Micron GDDR6 memory, beginning with AMD Radeon RX 6600 Series and Radeon RX 6700 Series graphics cards, are expected to be available starting in fourth quarter of 2021.

Positive

Micron Technology, Inc. Announces New Crucial DDR5 Memory Delivers Blazing Speeds and Massive Bandwidth to Consumers for Next-Gen Desktop PCs

2021-10-27 16:00:00

Micron Technology, Inc. announced the immediate availability of Micron Crucial DDR5 desktop PC memory products that deliver up to 50% faster data transfer speeds over previous-generation DDR4 memory, providing mainstream PC users with enthusiast-level performance. Whether a PC is used for business, learning, creativity, interactive entertainment or personal use, the computing experience is defined by performance, flexibility and efficiency. Micron’s DDR5 memory technology advancements offer higher bandwidth per core, nearly doubling the effective memory bandwidth8 to provide multi-core CPUs with the data they need for multi-tasking and other demanding PC applications. DDR5 allows for better power efficiency, decreasing operating voltage to 1.1 volts. Plus, its unique features enable future chip density to grow from today’s 16Gb up to 24Gb, 32Gb and beyond, quadrupling the module density of DDR5 over DDR4 DRAM. This provides headroom and future scalability for DDR5-enabled systems. Improved bus efficiency results in higher effective bandwidth. By combining higher bandwidth, lower power and higher density, DDR5 enhances performance for emerging PC applications such as 4K and 8K content creation, interactive entertainment, personal and business productivity, and virtual reality experiences. By feeding hungry multi-core CPUs, DDR5 memory also helps make multitasking more efficient without bogging down system performance. The new Micron Crucial DDR5 memory has been validated and is compatible with 12th Gen Intel Core processors that support DDR5, along with many of the major DDR5 compatible desktop motherboards currently available. Micron Crucial DDR5 DRAM features predefined XMP profiles to enable users to easily recover memory performance up to JEDEC speeds, in the event of a system-level memory speed downclock. Availability: Micron Crucial DDR5 memory products in 8GB, 16GB and 32GB densities are available now on crucial.com and worldwide from leading retail and e-tail stores, commercial resellers and system integrators, enhancing system performance and user productivity on every continent. Micron’s Crucial brand is uniquely able to connect millions of customers to the innovation and technology that Micron has been perfecting for more than four decades. Online tools like the Crucial Selector Tool have made it easy for content professionals, gamers, PC enthusiasts and DIY system builders to find compatible memory (DRAM) and storage (SSD) products for more than 175,000 desktops, laptops and workstations.

Positive

Texas Instruments Incorporated (NasdaqGS:TXN) completed the acquisition of 300-mm semiconductor factory in Lehi, Utah from Micron Technology, Inc. (NasdaqGS:MU).

2021-10-22 00:00:00

Texas Instruments Incorporated (NasdaqGS:TXN) signed a definitive agreement to acquire 300-mm semiconductor factory in Lehi, Utah from Micron Technology, Inc. (NasdaqGS:MU) for $900 million on June 30, 2021. The consideration for the acquisition was paid in cash. Under this transaction, Micron has sold some of these assets and will retain the remainder to redeploy to its other manufacturing sites or sell to other buyers. Texas Instruments will offer all Lehi site team members the opportunity to become employees upon the closing of the sale and intends to deploy its own technologies at the site. The sale is anticipated to close by the end of 2021. Dov Kogen, Eric Remijan, Paul Wessel, Steven Margolis, Edric Itchon, Olivia Greer, Alexa Chu Clinton, Annemargaret Connolly, Thomas Goslin, Timothy Welchm, Craig Adas, Joseph Pari, Karen Ballack, Jeff White, Vadim Brusser and Nicholas Pappas of Weil, Gotshal & Manges LLP acted as legal advisors to Micron and Macquarie Semiconductor and Technology served as transaction advisors. Scott Cohen and Robert Cardone of Shearman & Sterling LLP acted as legal advisors to Texas Instruments Incorporated in the transaction. Texas Instruments Incorporated (NasdaqGS:TXN) completed the acquisition of 300-mm semiconductor factory in Lehi, Utah from Micron Technology, Inc. (NasdaqGS:MU) on October 22, 2021. ATREG, Inc. acted as financial advisor to Texas Instruments.

Positive

Micron Technology, Inc. Enters an Underwriting Agreement with Several Underwriters

2021-10-19 20:54:00

On October 18, 2021, Micron Technology, Inc. entered into an underwriting agreement with Barclays Capital Inc., Credit Agricole Securities (USA) Inc., Mizuho Securities USA LLC, Wells Fargo Securities, LLC, HSBC Securities (USA) Inc., and Morgan Stanley & Co. LLC, as representatives of the several underwriters named therein (the “Underwriters”), relating to the issuance and sale by Micron of $1,000,000,000 aggregate principal amount of 2.703% senior notes due 2032, $500,000,000 aggregate principal amount of 3.366% senior notes due 2041, and $500,000,000 aggregate principal amount of 3.477% senior notes due 2051 in a public offering pursuant to a registration statement on Form S-3 (File No. 333-249838), including the prospectus contained therein, filed with the Securities and Exchange Commission under the Securities Act of 1933, as amended, a preliminary prospectus supplement dated October 18, 2021 and a free writing prospectus dated October 18, 2021. The transaction is scheduled to close on November 1, 2021.

Neutral

Micron Technology, Inc. Presents at Credit Suisse 25th Annual Technology Conference, Dec-01-2021 09:20 AM

2021-10-18 15:12:00

Micron Technology, Inc. Presents at Credit Suisse 25th Annual Technology Conference, Dec-01-2021 09:20 AM. Venue: The Phoenician Hotel, Scottsdale, Arizona, United States. Speakers: David A. Zinsner, Senior VP & CFO, Sanjay Mehrotra, CEO, President & Director.

Positive

Micron Technology, Inc. has announced a Fixed-Income Offering.

2021-10-18 00:00:00

Micron Technology, Inc. has announced a Fixed-Income Offering. Security Name: Fixed Rate Senior Unsecured Green Notes Security Type: Corporate Bond/Note (Non Convertible) Security Features: Callable; Climate Bonds/Green Bonds; Senior; Unsecured Coupon Type: Fixed

Positive

Micron Technology, Inc. has completed a Fixed-Income Offering in the amount of $1 billion.

2021-10-18 00:00:00

Micron Technology, Inc. has completed a Fixed-Income Offering in the amount of $1 billion. Security Name: 2.703% Senior Unsecured Green Notes due April 15, 2032 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: $1 billion Price\Range: 100% Discount Per Security: 0.4% Security Features: Callable; Climate Bonds/Green Bonds; Senior; Unsecured Coupon Type: Fixed

Positive

Micron Technology, Inc. has announced a Fixed-Income Offering.

2021-10-18 00:00:00

Micron Technology, Inc. has announced a Fixed-Income Offering. Security Name: Fixed Rate Senior Unsecured Green Notes Security Type: Corporate Bond/Note (Non Convertible) Security Features: Callable; Climate Bonds/Green Bonds; Senior; Unsecured Coupon Type: Fixed

Positive

Micron Technology, Inc. has completed a Fixed-Income Offering in the amount of $500 million.

2021-10-18 00:00:00

Micron Technology, Inc. has completed a Fixed-Income Offering in the amount of $500 million. Security Name: 3.366% Senior Unsecured Notes due November 1, 2041 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: $500 million Price\Range: 100% Discount Per Security: 0.55% Security Features: Callable; Senior; Unsecured Coupon Type: Fixed

Negative

Barclays Capital Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

Barclays Capital Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

Mizuho Securities USA LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

Mizuho Securities USA LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

Wells Fargo Securities, LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

Wells Fargo Securities, LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

HSBC Securities (USA) Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

HSBC Securities (USA) Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

Morgan Stanley & Co. LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

Morgan Stanley & Co. LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

ANZ Securities, Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

ANZ Securities, Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

BNP Paribas Securities Corp. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

BNP Paribas Securities Corp. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

BofA Securities, Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

BofA Securities, Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

Goldman Sachs & Co. LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

Goldman Sachs & Co. LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

RBC Capital Markets, LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

RBC Capital Markets, LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Positive

Micron Technology, Inc. has announced a Fixed-Income Offering.

2021-10-18 00:00:00

Micron Technology, Inc. has announced a Fixed-Income Offering. Security Name: Fixed Rate Senior Unsecured Green Notes Security Type: Corporate Bond/Note (Non Convertible) Security Features: Callable; Climate Bonds/Green Bonds; Senior; Unsecured Coupon Type: Fixed

Positive

Micron Technology, Inc. has completed a Fixed-Income Offering in the amount of $500 million.

2021-10-18 00:00:00

Micron Technology, Inc. has completed a Fixed-Income Offering in the amount of $500 million. Security Name: 3.477% Senior Unsecured Notes due November 1, 2051 Security Type: Corporate Bond/Note (Non Convertible) Principal Amount: $500 million Price\Range: 100% Discount Per Security: 0.7% Security Features: Callable; Senior; Unsecured Coupon Type: Fixed

Negative

Barclays Capital Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

Barclays Capital Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

Mizuho Securities USA LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

Mizuho Securities USA LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

Wells Fargo Securities, LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

Wells Fargo Securities, LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

HSBC Securities (USA) Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

HSBC Securities (USA) Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

Morgan Stanley & Co. LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

Morgan Stanley & Co. LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

ANZ Securities, Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

ANZ Securities, Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

BNP Paribas Securities Corp. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

BNP Paribas Securities Corp. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

BofA Securities, Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

BofA Securities, Inc. has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

Goldman Sachs & Co. LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

Goldman Sachs & Co. LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Negative

RBC Capital Markets, LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

2021-10-18 00:00:00

RBC Capital Markets, LLC has been added as the Co-Lead Underwriter for Micron Technology, Inc.'s $500 million Fixed-Income Offering.

Neutral

Micron Technology, Inc., Q1 2022 Earnings Call, Dec 20, 2021

2021-10-14 03:35:00

Micron Technology, Inc., Q1 2022 Earnings Call, Dec 20, 2021

Positive

Micron 7400 SSD With NVMe Delivers PCIe Gen4 Performance for Data Centers

2021-10-06 15:00:00

Micron Technology, Inc. announced availability of the Micron 7400 SSD with NVMe, delivering form factor flexibility, PCIe Gen4 performance, and security to meet the storage needs of demanding data center workloads. With this portfolio, Micron is providing the broadest selection of mainstream data center SSDs available. Featuring seven form factors, the Micron 7400 SSD enables the transition to next-generation server architectures. The need to process, analyze and secure data that provides valuable insights is fueling the modernization of the data center, requiring new levels of storage innovation. The expanded performance and widespread adoption of SSDs in data centers are driving a requirement for new, optimized form factors to meet data-centric workload needs. These form factors deliver fast, reliable and affordable data center storage across a range of use cases. The Micron 7400 SSD includes the only PCIe Gen4 M.2 22x80mm with power loss protection, as well as 2.5” U.3 data center SSDs in both 15mm and 7mm thicknesses. It also features three different sizes of the new E1.S Enterprise and Data Center SSD Form Factor (EDSFF), enabling greater density, flash-optimized performance, and improved power and cooling options. This breadth of options means customers can move from traditional servers to dense EDSFF server designs with one SSD. Offering a wide capacity range from 400GB to 7.68TB, the portfolio supports low to high-capacity applications. It also has endurance options for one and three drive writes per day to support read and write intensive applications. The SSD leverages the full vertical integration capabilities of Micron to bring innovation, from controller to firmware and NAND and DRAM technology, to world-class front-end and back-end manufacturing. The Micron 7400 SSD more than doubles IOPs per watt and throughput compared to the previous generation. Backwards compatibility with PCIe Gen3 systems helps ease customer transition from Gen3 to Gen4 platforms. The drive offers support for 128 namespaces to increase scalability for virtualized environments like hyperconverged infrastructure and software-defined storage. It also supports Open Compute Project (OCP) deployments for qualified environments. OCP developed and published specifications that have built a thriving ecosystem, creating a standardized approach that helps reduce integration complexity and speeds time to market.

Neutral

Computex, Taiwan External Trade Development Council, Taipei Computer Association, COMPUTEX 2022, May 23, 2022 through May 27, 2022

2021-10-06 07:37:00

Computex, Taiwan External Trade Development Council, Taipei Computer Association, COMPUTEX 2022, May 23, 2022 through May 27, 2022. Venue: Taipei Nangang Exhibition Center Hall 1 & 2, Taipei, Taiwan.

Neutral

Micron Technology, Inc. Provides Earnings Guidance for the First Quarter of 2022

2021-09-28 20:01:00

Micron Technology, Inc. provided earnings guidance for the first quarter of 2022. For the first quarter of 2022, the company expects revenue of $7.65 billion ± $200 million. Diluted earnings per share was $2.00 ± $0.10.

Neutral

Tranche Update on Micron Technology, Inc. (NasdaqGS:MU)'s Equity Buyback Plan announced on May 21, 2018.

2021-09-28 16:02:00

From June 4, 2021 to September 2, 2021, the company has repurchased 13,850,274 shares, representing 1.24% for $1,050.13 million. With this, the company has completed the repurchase of 85,626,355 shares, representing 7.52% for $4,038.76 million under the buyback announced on May 21, 2018.

Neutral

Micron Technology, Inc. to Report Q4, 2021 Results on Sep 28, 2021

2021-08-31 20:02:00

Micron Technology, Inc. announced that they will report Q4, 2021 results on Sep 28, 2021

Neutral

Micron Technology, Inc., Q4 2021 Earnings Call, Sep 28, 2021

2021-08-27 03:26:00

Micron Technology, Inc., Q4 2021 Earnings Call, Sep 28, 2021

Neutral

Micron Technology, Inc. Presents at 2021 BMO Virtual Technology Summit, Aug-24-2021 11:00 AM

2021-08-03 20:01:00

Micron Technology, Inc. Presents at 2021 BMO Virtual Technology Summit, Aug-24-2021 11:00 AM. Speakers: Sumit Sadana, Executive VP & Chief Business Officer.

Positive

Micron Technology, Inc. Announces Immediate Availability of Crucial P5 Plus PCIe SSDs

2021-08-03 13:00:00

Micron Technology, Inc. announced the immediate availability of Crucial P5 Plus PCIe SSDs as an expansion of its NVMe solid-state drive (SSD) portfolio to offer high-performance internal Gen4 storage options to consumers. By leveraging Micron’s first-to-market volume shipments of 176-layer NAND, Crucial P5 Plus SSDs enable lower power, higher speed, and denser storage solutions. Additionally, Micron’s advanced 176L 3D TLC NAND and innovative controller technology, yields up to 66% faster sequential write speeds and nearly double the sequential reads of prior generation Crucial SSDs. With read speeds up to 6600MB/s, Crucial P5 Plus SSDs also enable up to 67% faster random read and 40% faster random write performance over prior Crucial Gen3 SSDs. Ideal for a new PCIe Gen4 PC build or a PCIe Gen3 system upgrade, the P5 Plus is compatible with both and has been tested on Intel and AMD platforms including the latest 11th Generation Intel® Core™ processors and AMD Ryzen 3000 PCIe 4.0 motherboards. Likewise, these new Crucial PCIe Gen4 SSDs are backward compatible for most Gen3 PC systems that support M.2 form factors. The new high-performance Crucial P5 Plus PCIe Gen4 SSD rounds out Crucial’s stellar internal and external SSD product offerings such as the MX500, BX500, P5, P2, X8 and X6. Additionally, all P5 Plus SSDs come with Crucial Storage Executive management software for performance optimization, data security and firmware updates, as well as free cloning software to ensure easy installation right out of the box.

Neutral

Micron Technology, Inc. - Special Call

2021-08-02 21:28:00

To discuss its updated capital allocation strategy

Positive

Micron Technology, Inc. Initiates a Quarterly Cash Dividend, Payable on October 18, 2021

2021-08-02 20:01:00

Micron Technology, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.10 per share of Micron’s outstanding Common Stock. The initial quarterly dividend will be payable in cash on October 18, 2021, to shareholders of record as of the close of business on October 1, 2021.

Positive

Micron Technology, Inc., $ 0.10, Cash Dividend, Sep-30-2021

2021-08-02 00:00:00

Micron Technology, Inc., $ 0.10, Cash Dividend, Sep-30-2021

Positive

Micron Technology, Inc. Launches 176-Layer NAND in Mobile Solutions to Power Lightning-Fast 5G Experiences

2021-07-29 12:00:00

Micron Technology, Inc. announced it has begun volume shipments of the world’s first 176-layer NAND Universal Flash Storage (UFS) 3.1 mobile solution. Engineered for high-end and flagship phones, Micron’s discrete UFS 3.1 mobile NAND unlocks 5G’s potential with up to 75% faster sequential write and random read performance than prior generations,1 enabling downloads of two-hour 4K movies2 in as little as 9.6 seconds. Micron’s 176-layer NAND offers a compact design ideal for the high capacity, small form factors required in mobile devices. This launch follows quickly on the heels of Micron’s volume delivery of PCIe Gen4 solid-state drives with 176-layer NAND in June, bringing high performance, design flexibility and low power consumption to professional workstations and ultrathin notebooks. Now available for smartphones, Micron’s industry-pioneering advanced NAND technology and performance enables a more responsive mobile experience with true multitasking across apps. Micron’s 176-layer UFS 3.1 solution provides 15% faster mixed workload performance than its prior generation, enabling faster app launching and switching across multiple apps for a smoother mobile experience. Without storage as a bottleneck, users can take advantage of 5G’s speeds with the powerful combination of UFS 3.1 and Micron’s 176-layer NAND. Micron’s 176-layer mobile solution features: Improved performance: Micron’s 176-layer UFS 3.1 solution brings 75% faster sequential write and 70% faster random read performance over previous generations, dramatically accelerating application performance. Faster downloads: The up to 1,500 MB/s sequential write performance translates to an ability to download a 10-minute 4K (2,160 pixel) YouTube video stream in 0.7 seconds3 or a two-hour 4K movie in 9.6 seconds. Smoother mobile experience: As compared to its predecessor, Micron’s 176-layer UFS 3.1 solution and its premium quality of service results in about 10% shorter latency for faster response times and a more reliable mobile experience. Improved endurance: Micron’s 176-layer mobile solution boasts up to two times the improved total bytes written versus its previous-generation product,4 meaning twice the total data can be stored without degrading device reliability and the smartphone’s life span can be extended for even the heaviest of users. Now available, Micron’s 176-layer UFS 3.1 discrete mobile NAND is offered in 128GB, 256GB and 512GB capacities.

Neutral

Micron Technology, Inc. Presents at Rosenblatt Securities Technology Summit – The Age of AI Scaling, Aug-25-2021 03:00 PM

2021-07-28 13:42:00

Micron Technology, Inc. Presents at Rosenblatt Securities Technology Summit – The Age of AI Scaling, Aug-25-2021 03:00 PM. Speakers: Farhan Ahmad, Senior Director of Investor Relations, Rajeeb Hazra, Senior VP and GM of Compute & Networking Business Unit.

Neutral

Rosenblatt Securities Inc., Rosenblatt Securities Technology Summit – the Age of AI Scaling, Aug 24, 2021 through Aug 26, 2021

2021-07-28 08:31:00

Rosenblatt Securities Inc., Rosenblatt Securities Technology Summit – The Age of AI Scaling, Aug 24, 2021 through Aug 26, 2021.

Neutral

Nasdaq, Inc., Nasdaq Virtual Investor Conference in Asia, Aug 10, 2021 through Aug 11, 2021

2021-07-20 03:18:00

Nasdaq, Inc., Nasdaq Virtual Investor Conference in Asia, Aug 10, 2021 through Aug 11, 2021.

Neutral

Micron Technology, Inc. Presents at 22nd Annual KeyBanc Virtual Technology Leadership Forum, Aug-10-2021 01:20 PM

2021-07-20 03:18:00

Micron Technology, Inc. Presents at 22nd Annual KeyBanc Virtual Technology Leadership Forum, Aug-10-2021 01:20 PM. Venue: Grand Hyatt, Vail, Colorado, United States. Speakers: David A. Zinsner, Senior VP & CFO.

Neutral

Micron Technology, Inc. Presents at Nasdaq Virtual Investor Conference in Asia, Aug-10-2021

2021-07-20 03:18:00

Micron Technology, Inc. Presents at Nasdaq Virtual Investor Conference in Asia, Aug-10-2021 .

Neutral

Micron Technology, Inc. - Shareholder/Analyst Call

2021-07-20 03:18:00

Micron Technology, Inc. - Shareholder/Analyst Call

Neutral

BMO Capital Markets Corp., 2021 BMO Virtual Technology Summit, Aug 24, 2021 through Aug 25, 2021

2021-07-14 05:10:00

BMO Capital Markets Corp., 2021 BMO Virtual Technology Summit, Aug 24, 2021 through Aug 25, 2021.

Neutral

Tranche Update on Micron Technology, Inc. (NasdaqGS:MU)'s Equity Buyback Plan announced on May 21, 2018.

2021-07-01 14:04:00

From March 5, 2021 to June 3, 2021, the company has repurchased 1,739,807 shares, representing 0.16% for $150.02 million. With this, the company has completed the repurchase of 71,776,081 shares, representing 6.28% for $2,988.64 million under the buyback announced on May 21, 2018.

Neutral

Micron Technology, Inc. Provides Earnings Guidance for the Fourth Quarter of 2021

2021-06-30 20:08:00

Micron Technology, Inc. provides earnings guidance for the fourth quarter of 2021. For the fourth quarter of 2021, the company expects, Revenue of $8.2 billion ± $200 million and Diluted earnings per share of $2.23 ± $0.10.

Positive

Texas Instruments Incorporated (NasdaqGS:TXN) signed a definitive agreement to acquire 300-mm semiconductor factory in Lehi, Utah from Micron Technology, Inc. (NasdaqGS:MU) for $900 million.

2021-06-30 00:00:00

Texas Instruments Incorporated (NasdaqGS:TXN) signed a definitive agreement to acquire 300-mm semiconductor factory in Lehi, Utah from Micron Technology, Inc. (NasdaqGS:MU) for $900 million on June 30, 2021. The consideration for the acquisition was paid in cash. Under this transaction, Micron has sold some of these assets and will retain the remainder to redeploy to its other manufacturing sites or sell to other buyers. Texas Instruments will offer all Lehi site team members the opportunity to become employees upon the closing of the sale and intends to deploy its own technologies at the site. The sale is anticipated to close by the end of 2021. Dov Kogen, Eric Remijan, Paul Wessel, Steven Margolis, Edric Itchon, Olivia Greer, Alexa Chu Clinton, Annemargaret Connolly, Thomas Goslin, Timothy Welchm, Craig Adas, Joseph Pari, Karen Ballack, Jeff White, Vadim Brusser and Nicholas Pappas of Weil, Gotshal & Manges LLP acted as legal advisors to Micron and Macquarie Semiconductor and Technology served as transaction advisors. Scott Cohen and Robert Cardone of Shearman & Sterling LLP acted as legal advisors to Texas Instruments Incorporated in the transaction.

Fundamental Summary

Micron released impressive Q1 results on 2022-03-30. Specifically, their growth, value, and income factors indicate a well-planned and balanced effort, which is generating exciting growth. This relative strength should allow Micron to continue to perform well even in a tough market. We therefore gave Micron a total score of 89 out of 100 and a STRONG BUY recommendation.

Micron reported earnings results for the second quarter and six months ended March 03, 2022. For the second quarter, the company reported sales was USD 7,786 million compared to USD 6,236 million a year ago. Net income was USD 2,263 million compared to USD 603 million a year ago. Basic earnings per share from continuing operations was USD 2.02 compared to USD 0.54 a year ago. Diluted earnings per share from continuing operations was USD 2 compared to USD 0.53 a year ago.For the six months, sales was USD 15,473 million compared to USD 12,009 million a year ago. Net income was USD 4,569 million compared to USD 1,406 million a year ago. Basic earnings per share from continuing operations was USD 4.08 compared to USD 1.26 a year ago. Diluted earnings per share from continuing operations was USD 4.04 compared to USD 1.23 a year ago.

Business Description

Micron 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 provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers 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 wafers; 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 was founded in 1978 and is headquartered in Boise, Idaho.

Sector Overview

Micron is included in the Semiconductors & Semiconductor Equipment according to GICS (global industry classification standard). The Semiconductors & Semiconductor Equipment industry is part of the Information Technology sector. It includes manufacturers of semiconductors, semiconductor equipment, and related products. Micron's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 63,696.0 4.0% 69
Liabilities 15,851.0 3.3% 73
Price to Book 1.4 -32.1% 74
Cash & Equivalents 9,116.0 5.0% 76
Equity 47,845.0 4.2% 85
EBITDA 17,178.0 13.7% 87
Total Revenues 31,169.0 5.2% 59
Parameter Value Change Score
Return on Equity 20.4 18.8% 90
Net Cashflow 2,650.0 -2.3% 81
Capital Expenditure -9,257.0 4.2% 81
Asset Turnover 0.5 2.6% 74
Free Cashflow 4.3 25.2% 85

* All values are TTM

The below chart reflects Micron's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Micron's peer average final assessment score stands on 69.0, Micron's score is 89.

  •  MU
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
NVIDIA Corporation 400.2B 71 63 82
Hold
76
76 0 1
Intel Corporation 154.5B 77 76 58
Hold
75
75 1 1
QUALCOMM Incorporated 147.4B 82 66 77
Buy
82
82 2 1
Texas Instruments Incorporated 142.2B 76 74 70
Buy
80
80 3 1
Advanced Micro Devices, Inc. 130.9B 88 59 57
Hold
68
68 4 1
Broadcom Inc. 102.5B 62 71 85
Buy
79
79 5 1
Applied Materials, Inc. 82.7B 60 72 69
Hold
69
69 6 1
Analog Devices, Inc. 77.2B 69 65 84
Hold
78
78 7 1
Lam Research Corporation 60.8B 60 74 69
Hold
70
70 8 1
KLA Corporation 49.3B 66 67 74
Hold
72
72 9 1
NXP Semiconductors N.V. 40.5B 64 71 73
Hold
73
73 10 1
Marvell Technology, Inc. 38.5B 60 64 65
Hold
62
62 11 1
Microchip Technology Incorporated 33.0B 79 71 79
Buy
85
85 12 1
GLOBALFOUNDRIES Inc. 23.9B 78 70 63
Hold
75
75 13 1
ON Semiconductor Corporation 22.9B 81 73 70
Buy
82
82 14 1
Monolithic Power Systems, Inc. 18.5B 84 66 77
Buy
83
83 15 1
Skyworks Solutions, Inc. 15.5B 62 70 71
Hold
70
70 16 1
SolarEdge Technologies, Inc. 15.5B 81 53 43
Underperform
53
53 17 1
Teradyne, Inc. 15.3B 52 75 68
Hold
66
66 18 1
Entegris, Inc. 14.1B 70 69 65
Hold
70
70 19 1
Qorvo, Inc. 10.2B 67 72 73
Hold
75
75 20 1
First Solar, Inc. 7.2B 59 73 53
Underperform
60
60 21 1
Lattice Semiconductor Corporation 6.8B 68 71 77
Hold
78
78 22 1
MKS Instruments, Inc. 5.8B 70 74 59
Hold
70
70 23 1
Silicon Laboratories Inc. 5.3B 72 70 86
Buy
84
84 24 1
Universal Display Corporation 5.2B 75 68 71
Hold
76
76 25 1
CMC Materials, Inc. 5.1B 81 76 74
Strong Buy
87
87 26 1
Tower Semiconductor Ltd. 5.1B 65 79 68
Buy
79
79 27 1
Synaptics Incorporated 4.9B 81 68 66
Hold
76
76 28 1
Power Integrations, Inc. 4.4B 61 80 82
Buy
82
82 29 1
Amkor Technology, Inc. 4.2B 75 70 60
Hold
71
71 30 1
Cirrus Logic, Inc. 4.1B 86 67 90
Strong Buy
92
92 31 1
Allegro MicroSystems, Inc. 4.0B 74 61 56
Hold
62
62 32 1
Semtech Corporation 3.5B 67 75 77
Buy
80
80 33 1
MACOM Technology Solutions Holdings, Inc. 3.3B 70 76 68
Hold
77
77 34 1
FormFactor, Inc. 3.1B 84 80 67
Strong Buy
87
87 35 1
Diodes Incorporated 3.0B 62 76 72
Hold
75
75 36 1
SunPower Corporation 3.0B 61 49 74
Underperform
56
56 37 1
Silicon Motion Technology Corporation 2.8B 54 72 61
Hold
65
65 38 1
MaxLinear, Inc. 2.7B 76 75 88
Strong Buy
91
91 39 1
Nova Ltd. 2.7B 61 69 54
Hold
64
64 40 1
Ambarella, Inc. 2.6B 64 72 79
Hold
77
77 41 1
Kulicke and Soffa Industries, Inc. 2.6B 58 79 82
Buy
80
80 42 1
Rambus Inc. 2.4B 48 64 89
Hold
69
69 43 1
Canadian Solar Inc. 2.0B 59 72 71
Hold
71
71 44 1
Axcelis Technologies, Inc. 1.9B 81 67 82
Buy
85
85 45 1
Credo Technology Group Holding Ltd 1.7B 88 60 53
Hold
67
67 46 1
Himax Technologies, Inc. 1.6B 77 70 66
Buy
79
79 47 1
Impinj, Inc. 1.4B 72 59 65
Hold
65
65 48 1
Ultra Clean Holdings, Inc. 1.4B 63 63 61
Hold
60
60 49 1
Cohu, Inc. 1.3B 58 75 59
Hold
64
64 50 1
Photronics, Inc. 1.2B 69 71 82
Buy
81
81 51 1
SMART Global Holdings, Inc. 1.0B 86 65 62
Hold
75
75 52 1
Veeco Instruments Inc. 1.0B 58 76 71
Hold
72
72 53 1
Alpha and Omega Semiconductor Limited 929.5M 77 69 54
Hold
68
68 54 1
PDF Solutions, Inc. 808.6M 63 71 89
Buy
82
82 55 1
CEVA, Inc. 778.5M 73 71 71
Hold
77
77 56 1
Ichor Holdings, Ltd. 754.1M 60 67 58
Underperform
59
59 57 1
Maxeon Solar Technologies, Ltd. 575.9M 53 49 84
Hold
60
60 58 1
Enphase Energy, Inc. 25.7B 58 57 60
Underperform
52
52 59 1
Wolfspeed, Inc. 8.2B 74 69 55
Hold
66
66 60 1
Daqo New Energy Corp. 5.0B 93 65 89
Strong Buy
95
95 61 1
SiTime Corporation 3.6B 59 64 62
Underperform
59
59 62 1
Onto Innovation Inc. 3.6B 78 67 85
Buy
85
85 63 1
JinkoSolar Holding Co., Ltd. 3.2B 89 62 74
Buy
81
81 64 1
Camtek Ltd. 1.1B 66 68 71
Hold
74
74 65 1
ACM Research, Inc. 917.6M 52 67 50
Underperform
50
50 66 1
NeoPhotonics Corporation 838.5M 66 69 71
Hold
72
72 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 72 70 68
Hold
71
71 68 1
indie Semiconductor, Inc. 720.1M 44 43 85
Underperform
49
49 69 1
Magnachip Semiconductor Corporation 667.1M 74 90 57
Buy
82
82 70 1
Mykrolis Corp. 657.1M 72 67 75
Hold
76
76 71 1
Navitas Semiconductor Corporation 533.1M 67 53 90
Hold
72
72 72 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 56 66 73
Hold
62
62 73 1
Rigetti Computing, Inc. 413.5M 98 72 58
Buy
84
84 74 1
Meta Materials Inc. 396.9M 42 43 84
Underperform
47
47 75 1
Helix Technology Corporation 364.9M 65 74 61
Hold
68
68 76 1
Valens Semiconductor Ltd. 357.2M 75 65 66
Hold
75
75 77 1
Rockley Photonics Holdings Limited 305.7M 42 79 60
Underperform
59
59 78 1
CyberOptics Corporation 272.8M 75 71 72
Hold
78
78 79 1
Transphorm, Inc. 255.8M 45 68 88
Hold
69
69 80 1

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Micron's stock is now priced above its 5-day, but below its 50-day and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near-term. The company is trading near it's 12-month low, which signals it struggle to keep above it support price. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Micron's stock doesn't strongly signal being overbought or oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 42.

Bearish 42
Close Price 57.86
52W Low 55.01
52W High 97.36
5D MA 57.53
50D MA 67.31
200D MA 77.05
MACD -3.53
RSI 33.39
STOCH 20.97

Balance Sheet Analysis

Overall, Micron's critical balance sheet metrics appear to signal strong support and a high likelihood of positive growth going forward. Micron reported solid equity numbers this period. At filing, equity was reported as 47845.0, representing 4.2% change from the previous period. Companies in the same sector and market capitalization will usually be affected by up to 4.5 percent by this parameter. These equity changes appear exceptionally balanced and impressive objectively compared to their peers. The company's equity movement component, therefore, received a grade of 85. Also, Micron reported a positive trendline in their cash and cash equivalents metrics. Specifically, they reported that cash and cash equivalents were 9116.0, representing 5.0% change from the last report. This performance is significantly more impressive than its peers and competitors. It suggests that their stock price has room to grow to reflect its actual intrinsic value. Consequently, their cash and cash equivalents movement received a grade of 76. However, one discouraging result, Assets, stood out. Micron's management did not succeed in significantly improving the value of the assets on their balance sheet, which now sits at 63696.0 and represents a 4.0% change from the previous report. This unimpressive metric is weaker than its peers and competitors. Its asset component, therefore, received a grade of 69. Therefore, we scored the company's balance sheet a 81.

Parameter Value Change Score
Assets 63,696.0 4.0% 69
Liabilities 15,851.0 3.3% 73
Price to Book 1.4 -32.1% 74
Cash & Equivalents 9,116.0 5.0% 76
Equity 47,845.0 4.2% 85
* All values are TTM

The below chart describes Micron's performance as reflected on its balance sheet with respect to its peers. While Micron received a balance sheet score of 81, the average of its peers stands on 69.0.

  •  MU
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
NVIDIA Corporation 400.2B 78 70 65 97 54 71 0 1
Intel Corporation 154.5B 65 69 76 90 81 77 1 1
QUALCOMM Incorporated 147.4B 57 71 96 80 80 82 2 1
Texas Instruments Incorporated 142.2B 63 69 87 46 84 76 3 1
Advanced Micro Devices, Inc. 130.9B 93 61 78 96 80 88 4 1
Broadcom Inc. 102.5B 67 79 58 56 55 62 5 1
Applied Materials, Inc. 82.7B 71 72 63 41 55 60 6 1
Analog Devices, Inc. 77.2B 62 80 66 66 66 69 7 1
Lam Research Corporation 60.8B 72 77 58 51 45 60 8 1
KLA Corporation 49.3B 75 62 73 53 66 66 9 1
NXP Semiconductors N.V. 40.5B 71 68 56 62 76 64 10 1
Marvell Technology, Inc. 38.5B 71 84 50 46 51 60 11 1
Microchip Technology Incorporated 33.0B 65 84 76 72 66 79 12 1
GLOBALFOUNDRIES Inc. 23.9B 81 65 74 82 74 78 13 1
ON Semiconductor Corporation 22.9B 74 68 77 89 82 81 14 1
Monolithic Power Systems, Inc. 18.5B 85 64 76 92 80 84 15 1
Skyworks Solutions, Inc. 15.5B 69 77 63 46 52 62 16 1
SolarEdge Technologies, Inc. 15.5B 77 62 78 96 85 81 17 1
Teradyne, Inc. 15.3B 49 81 62 45 47 52 18 1
Entegris, Inc. 14.1B 62 70 75 55 78 70 19 1
Qorvo, Inc. 10.2B 64 83 64 67 55 67 20 1
First Solar, Inc. 7.2B 76 70 50 58 58 59 21 1
Lattice Semiconductor Corporation 6.8B 53 79 78 60 64 68 22 1
MKS Instruments, Inc. 5.8B 60 73 73 76 72 70 23 1
Silicon Laboratories Inc. 5.3B 89 81 59 45 48 72 24 1
Universal Display Corporation 5.2B 57 76 83 85 69 75 25 1
CMC Materials, Inc. 5.1B 65 78 73 87 82 81 26 1
Tower Semiconductor Ltd. 5.1B 68 72 69 61 58 65 27 1
Synaptics Incorporated 4.9B 71 71 79 92 76 81 28 1
Power Integrations, Inc. 4.4B 56 82 58 79 53 61 29 1
Amkor Technology, Inc. 4.2B 70 68 75 74 77 75 30 1
Cirrus Logic, Inc. 4.1B 73 76 81 96 73 86 31 1
Allegro MicroSystems, Inc. 4.0B 68 69 74 81 76 74 32 1
Semtech Corporation 3.5B 58 79 68 67 64 67 33 1
MACOM Technology Solutions Holdings, Inc. 3.3B 65 75 74 38 74 70 34 1
FormFactor, Inc. 3.1B 72 70 84 82 80 84 35 1
Diodes Incorporated 3.0B 47 78 71 51 71 62 36 1
SunPower Corporation 3.0B 72 81 42 83 54 61 37 1
Silicon Motion Technology Corporation 2.8B 40 85 60 40 48 54 38 1
MaxLinear, Inc. 2.7B 68 71 75 85 74 76 39 1
Nova Ltd. 2.7B 86 45 75 48 82 61 40 1
Ambarella, Inc. 2.6B 46 75 74 86 65 64 41 1
Kulicke and Soffa Industries, Inc. 2.6B 46 83 60 76 56 58 42 1
Rambus Inc. 2.4B 43 83 41 95 54 48 43 1
Canadian Solar Inc. 2.0B 91 54 59 62 62 59 44 1
Axcelis Technologies, Inc. 1.9B 76 68 84 71 73 81 45 1
Credo Technology Group Holding Ltd 1.7B 94 61 78 79 86 88 46 1
Himax Technologies, Inc. 1.6B 78 55 91 85 95 77 47 1
Impinj, Inc. 1.4B 63 68 79 39 92 72 48 1
Ultra Clean Holdings, Inc. 1.4B 56 78 69 48 67 63 49 1
Cohu, Inc. 1.3B 53 82 57 59 58 58 50 1
Photronics, Inc. 1.2B 53 85 66 76 66 69 51 1
SMART Global Holdings, Inc. 1.0B 89 63 75 95 82 86 52 1
Veeco Instruments Inc. 1.0B 84 71 41 78 47 58 53 1
Alpha and Omega Semiconductor Limited 929.5M 89 63 68 87 67 77 54 1
PDF Solutions, Inc. 808.6M 54 81 63 90 51 63 55 1
CEVA, Inc. 778.5M 81 74 60 87 60 73 56 1
Ichor Holdings, Ltd. 754.1M 59 76 66 38 63 60 57 1
Maxeon Solar Technologies, Ltd. 575.9M 87 68 40 78 38 53 58 1
Enphase Energy, Inc. 25.7B 89 60 39 97 56 58 59 1
Wolfspeed, Inc. 8.2B 96 63 59 97 55 74 60 1
Daqo New Energy Corp. 5.0B 91 62 81 95 93 93 61 1
SiTime Corporation 3.6B 57 67 66 73 64 59 62 1
Onto Innovation Inc. 3.6B 83 70 67 72 73 78 63 1
JinkoSolar Holding Co., Ltd. 3.2B 86 62 77 94 94 89 64 1
Camtek Ltd. 1.1B 63 61 82 37 90 66 65 1
ACM Research, Inc. 917.6M 87 57 51 43 50 52 66 1
NeoPhotonics Corporation 838.5M 89 66 49 72 64 66 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 60 93 47 85 74 72 68 1
indie Semiconductor, Inc. 720.1M 48 54 72 56 55 44 69 1
Magnachip Semiconductor Corporation 667.1M 56 78 79 72 72 74 70 1
Mykrolis Corp. 657.1M 77 53 73 92 79 72 71 1
Navitas Semiconductor Corporation 533.1M 37 80 80 62 79 67 72 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 60 71 61 60 69 56 73 1
Rigetti Computing, Inc. 413.5M 93 62 85 99 98 98 74 1
Meta Materials Inc. 396.9M 51 78 42 41 51 42 75 1
Helix Technology Corporation 364.9M 65 78 79 85 52 65 76 1
Valens Semiconductor Ltd. 357.2M 92 70 66 45 72 75 77 1
Rockley Photonics Holdings Limited 305.7M 49 82 40 37 52 42 78 1
CyberOptics Corporation 272.8M 71 66 72 64 86 75 79 1
Transphorm, Inc. 255.8M 41 86 39 47 54 45 80 1

Income Statement Analysis

Return Factors and EBITDA stand out as the most significant drivers of Micron's income statement's strength. Return factors metrics and ratios were exceptional in this report. Micron reported a return on equity (ROE) ratio of 20.4, representing a change of 18.8% from the last report. These numbers show that management has successfully encouraged growth while managing ROE and ROA metrics, especially relative to their peers. Consequently, their return factors received a grade of 90. Also, Micron's management did a remarkable job this period managing its EBITDA. In terms of the raw numbers, EBITDA was reported as 17178.0, which represents a 13.7% change from the last period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 13.2%. Their EBITDA metrics are even more impressive relative to their peers and competitors, and its likely the stock price has room to grow to reflect its intrinsic value accurately. Consequently, their EBITDA movement received a grade of 87. At the same time, one critical income statement metric, Revenue Efficiency, was notably weak. Micron reported discouraging numbers for its revenue efficiency. As of the current filing, they were reported as 31169.0 and represented 5.2% change from the previous period. This metric might have a 18.5 percent impact on companies in the same industry and with the same market capitalization. Their revenue efficiency does not make a compelling case for upward pressure on the company's stock price. Consequently, their revenue efficiency received a grade of 59. Therefore, their income statement earned a grade of 74.

Parameter Value Change Score
EBITDA 17,178.0 13.7% 87
Total Revenues 31,169.0 5.2% 59
Return on Equity 20.4 18.8% 90
* All values are TTM

The below chart describes Micron's performance as reflected on its income statement with respect to its peers. While Micron received a income statement score of 74 , the average of its peers stands on 68.0.

  •  MU
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
NVIDIA Corporation 400.2B 46 83 67 63 0 1
Intel Corporation 154.5B 90 55 74 76 1 1
QUALCOMM Incorporated 147.4B 48 87 78 66 2 1
Texas Instruments Incorporated 142.2B 69 78 70 74 3 1
Advanced Micro Devices, Inc. 130.9B 40 89 38 59 4 1
Broadcom Inc. 102.5B 59 80 90 71 5 1
Applied Materials, Inc. 82.7B 72 68 73 72 6 1
Analog Devices, Inc. 77.2B 40 91 92 65 7 1
Lam Research Corporation 60.8B 80 64 75 74 8 1
KLA Corporation 49.3B 56 77 76 67 9 1
NXP Semiconductors N.V. 40.5B 59 79 90 71 10 1
Marvell Technology, Inc. 38.5B 41 89 87 64 11 1
Microchip Technology Incorporated 33.0B 57 83 92 71 12 1
GLOBALFOUNDRIES Inc. 23.9B 50 92 86 70 13 1
ON Semiconductor Corporation 22.9B 53 92 94 73 14 1
Monolithic Power Systems, Inc. 18.5B 45 90 83 66 15 1
Skyworks Solutions, Inc. 15.5B 69 71 63 70 16 1
SolarEdge Technologies, Inc. 15.5B 41 70 48 53 17 1
Teradyne, Inc. 15.3B 88 57 62 75 18 1
Entegris, Inc. 14.1B 56 80 80 69 19 1
Qorvo, Inc. 10.2B 76 65 63 72 20 1
First Solar, Inc. 7.2B 98 43 40 73 21 1
Lattice Semiconductor Corporation 6.8B 54 88 89 71 22 1
MKS Instruments, Inc. 5.8B 78 67 65 74 23 1
Silicon Laboratories Inc. 5.3B 44 96 98 70 24 1
Universal Display Corporation 5.2B 71 64 61 68 25 1
CMC Materials, Inc. 5.1B 72 75 93 76 26 1
Tower Semiconductor Ltd. 5.1B 63 87 82 79 27 1
Synaptics Incorporated 4.9B 45 91 90 68 28 1
Power Integrations, Inc. 4.4B 80 76 82 80 29 1
Amkor Technology, Inc. 4.2B 63 76 77 70 30 1
Cirrus Logic, Inc. 4.1B 42 92 93 67 31 1
Allegro MicroSystems, Inc. 4.0B 68 48 69 61 32 1
Semtech Corporation 3.5B 64 84 87 75 33 1
MACOM Technology Solutions Holdings, Inc. 3.3B 74 77 72 76 34 1
FormFactor, Inc. 3.1B 79 76 83 80 35 1
Diodes Incorporated 3.0B 66 83 86 76 36 1
SunPower Corporation 3.0B 49 43 74 49 37 1
Silicon Motion Technology Corporation 2.8B 54 83 78 72 38 1
MaxLinear, Inc. 2.7B 56 92 96 75 39 1
Nova Ltd. 2.7B 41 89 78 69 40 1
Ambarella, Inc. 2.6B 56 89 79 72 41 1
Kulicke and Soffa Industries, Inc. 2.6B 73 82 85 79 42 1
Rambus Inc. 2.4B 48 86 60 64 43 1
Canadian Solar Inc. 2.0B 73 76 53 72 44 1
Axcelis Technologies, Inc. 1.9B 44 91 91 67 45 1
Credo Technology Group Holding Ltd 1.7B 38 88 61 60 46 1
Himax Technologies, Inc. 1.6B 53 84 66 70 47 1
Impinj, Inc. 1.4B 64 53 51 59 48 1
Ultra Clean Holdings, Inc. 1.4B 53 73 71 63 49 1
Cohu, Inc. 1.3B 92 53 49 75 50 1
Photronics, Inc. 1.2B 55 86 92 71 51 1
SMART Global Holdings, Inc. 1.0B 48 87 66 65 52 1
Veeco Instruments Inc. 1.0B 66 84 91 76 53 1
Alpha and Omega Semiconductor Limited 929.5M 62 75 76 69 54 1
PDF Solutions, Inc. 808.6M 49 95 88 71 55 1
CEVA, Inc. 778.5M 51 90 97 71 56 1
Ichor Holdings, Ltd. 754.1M 72 60 54 67 57 1
Maxeon Solar Technologies, Ltd. 575.9M 50 49 60 49 58 1
Enphase Energy, Inc. 25.7B 45 74 55 57 59 1
Wolfspeed, Inc. 8.2B 49 90 86 69 60 1
Daqo New Energy Corp. 5.0B 37 95 94 65 61 1
SiTime Corporation 3.6B 40 93 78 64 62 1
Onto Innovation Inc. 3.6B 47 87 89 67 63 1
JinkoSolar Holding Co., Ltd. 3.2B 38 89 82 62 64 1
Camtek Ltd. 1.1B 50 81 71 68 65 1
ACM Research, Inc. 917.6M 88 43 42 67 66 1
NeoPhotonics Corporation 838.5M 45 95 90 69 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 90 59 63 70 68 1
indie Semiconductor, Inc. 720.1M 37 46 71 43 69 1
Magnachip Semiconductor Corporation 667.1M 94 80 88 90 70 1
Mykrolis Corp. 657.1M 68 68 58 67 71 1
Navitas Semiconductor Corporation 533.1M 56 44 74 53 72 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 87 49 76 66 73 1
Rigetti Computing, Inc. 413.5M 92 43 69 72 74 1
Meta Materials Inc. 396.9M 37 45 72 43 75 1
Helix Technology Corporation 364.9M 89 47 50 74 76 1
Valens Semiconductor Ltd. 357.2M 41 86 65 65 77 1
Rockley Photonics Holdings Limited 305.7M 97 50 85 79 78 1
CyberOptics Corporation 272.8M 54 86 87 71 79 1
Transphorm, Inc. 255.8M 37 81 97 68 80 1

Cash Flow Analysis

Overall, Micron's critical cash flow metrics appear to signal strong support and a high likelihood of positive growth going forward. Micron's published free cash flow numbers were substantial and reflected management's focus on a healthy change strategy. Micron recorded free cash flow of 4.3, which represents a 25.2% change from the previous report. Companies in the same industry and market capitalization are typically affected by this parameter by up to 7.4%. The company's free cash flow metrics are especially strong compared to its peers. Management seems to balance cash flow management, asset growth, and resource allocations in general. Therefore, its free cash flow movement earned a score of 85. Also, Micron's management was effective in improving their net cash flow, which now sits at 2650.0 and represents a -2.3% change from the previous report. The company is headed in the right direction regarding business priorities, exhibiting prudent net cash flow management and growth. Consequently, their net cash flow movement received a grade of 81. That said, one metric, Asset Turnover, stood out as particularly concerning. Asset turnover metrics during this period were surprisingly weak. Their reported asset turnover metrics of 0.5, which represents a 2.6% change from the previous report. Companies in the same sector and market capitalization will usually be affected by up to 10.7 percent by this parameter. Their lackluster asset turnover metrics, specifically in contrast to leading industry peers' performance, could present significant headwinds. Correspondingly, their asset turnover movement received a grade of 74. Because the company's management is doing an excellent job managing these critical metrics, the cash flow was given a score of 80.

Parameter Value Change Score
Net Cashflow 2,650.0 -2.3% 81
Capital Expenditure -9,257.0 4.2% 81
Asset Turnover 0.5 2.6% 74
Free Cashflow 4.3 25.2% 85
* All values are TTM

The below chart describes Micron's performance as reflected on its cash flow with respect to its peers. While Micron received a cash flow score of 80, the average of its peers stands on 68.0.

  •  MU
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
NVIDIA Corporation 400.2B 93 65 61 86 82 0 1
Intel Corporation 154.5B 58 72 68 53 58 1 1
QUALCOMM Incorporated 147.4B 65 65 70 87 77 2 1
Texas Instruments Incorporated 142.2B 74 74 63 69 70 3 1
Advanced Micro Devices, Inc. 130.9B 93 66 69 37 57 4 1
Broadcom Inc. 102.5B 75 76 87 89 85 5 1
Applied Materials, Inc. 82.7B 75 59 69 72 69 6 1
Analog Devices, Inc. 77.2B 78 76 51 94 84 7 1
Lam Research Corporation 60.8B 72 60 56 75 69 8 1
KLA Corporation 49.3B 70 76 52 79 74 9 1
NXP Semiconductors N.V. 40.5B 59 72 51 85 73 10 1
Marvell Technology, Inc. 38.5B 94 84 58 46 65 11 1
Microchip Technology Incorporated 33.0B 80 79 48 84 79 12 1
GLOBALFOUNDRIES Inc. 23.9B 54 86 45 64 63 13 1
ON Semiconductor Corporation 22.9B 60 79 55 74 70 14 1
Monolithic Power Systems, Inc. 18.5B 84 78 59 74 77 15 1
Skyworks Solutions, Inc. 15.5B 78 57 79 73 71 16 1
SolarEdge Technologies, Inc. 15.5B 46 38 55 52 43 17 1
Teradyne, Inc. 15.3B 75 65 66 68 68 18 1
Entegris, Inc. 14.1B 61 57 50 76 65 19 1
Qorvo, Inc. 10.2B 78 65 87 71 73 20 1
First Solar, Inc. 7.2B 47 85 56 46 53 21 1
Lattice Semiconductor Corporation 6.8B 79 77 43 82 77 22 1
MKS Instruments, Inc. 5.8B 58 58 92 56 59 23 1
Silicon Laboratories Inc. 5.3B 71 89 81 87 86 24 1
Universal Display Corporation 5.2B 75 81 68 65 71 25 1
CMC Materials, Inc. 5.1B 72 66 68 80 74 26 1
Tower Semiconductor Ltd. 5.1B 76 57 55 59 68 27 1
Synaptics Incorporated 4.9B 85 62 98 55 66 28 1
Power Integrations, Inc. 4.4B 88 77 64 82 82 29 1
Amkor Technology, Inc. 4.2B 46 57 62 71 60 30 1
Cirrus Logic, Inc. 4.1B 83 98 61 90 90 31 1
Allegro MicroSystems, Inc. 4.0B 56 56 77 56 56 32 1
Semtech Corporation 3.5B 79 78 58 79 77 33 1
MACOM Technology Solutions Holdings, Inc. 3.3B 46 78 54 78 68 34 1
FormFactor, Inc. 3.1B 78 81 66 58 67 35 1
Diodes Incorporated 3.0B 77 61 52 80 72 36 1
SunPower Corporation 3.0B 84 41 39 93 74 37 1
Silicon Motion Technology Corporation 2.8B 63 53 46 85 61 38 1
MaxLinear, Inc. 2.7B 90 92 80 81 88 39 1
Nova Ltd. 2.7B 58 53 39 58 54 40 1
Ambarella, Inc. 2.6B 84 95 45 75 79 41 1
Kulicke and Soffa Industries, Inc. 2.6B 93 81 83 74 82 42 1
Rambus Inc. 2.4B 96 73 89 88 89 43 1
Canadian Solar Inc. 2.0B 69 70 74 66 71 44 1
Axcelis Technologies, Inc. 1.9B 81 77 68 84 82 45 1
Credo Technology Group Holding Ltd 1.7B 60 85 37 43 53 46 1
Himax Technologies, Inc. 1.6B 66 77 48 77 66 47 1
Impinj, Inc. 1.4B 70 38 85 73 65 48 1
Ultra Clean Holdings, Inc. 1.4B 68 41 41 76 61 49 1
Cohu, Inc. 1.3B 92 62 71 44 59 50 1
Photronics, Inc. 1.2B 65 92 96 79 82 51 1
SMART Global Holdings, Inc. 1.0B 48 85 95 53 62 52 1
Veeco Instruments Inc. 1.0B 74 82 48 69 71 53 1
Alpha and Omega Semiconductor Limited 929.5M 49 64 45 60 54 54 1
PDF Solutions, Inc. 808.6M 81 98 45 92 89 55 1
CEVA, Inc. 778.5M 57 54 84 83 71 56 1
Ichor Holdings, Ltd. 754.1M 51 37 87 70 58 57 1
Maxeon Solar Technologies, Ltd. 575.9M 87 90 59 88 84 58 1
Enphase Energy, Inc. 25.7B 89 77 64 41 60 59 1
Wolfspeed, Inc. 8.2B 57 74 76 46 55 60 1
Daqo New Energy Corp. 5.0B 78 86 63 96 89 61 1
SiTime Corporation 3.6B 83 87 56 44 62 62 1
Onto Innovation Inc. 3.6B 94 65 88 85 85 63 1
JinkoSolar Holding Co., Ltd. 3.2B 68 69 73 78 74 64 1
Camtek Ltd. 1.1B 69 70 74 72 71 65 1
ACM Research, Inc. 917.6M 61 43 50 54 50 66 1
NeoPhotonics Corporation 838.5M 50 63 67 87 71 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 64 63 74 73 68 68 1
indie Semiconductor, Inc. 720.1M 69 80 52 98 85 69 1
Magnachip Semiconductor Corporation 667.1M 65 56 76 54 57 70 1
Mykrolis Corp. 657.1M 65 69 68 82 75 71 1
Navitas Semiconductor Corporation 533.1M 70 87 94 93 90 72 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 66 64 68 94 73 73 1
Rigetti Computing, Inc. 413.5M 48 76 51 60 58 74 1
Meta Materials Inc. 396.9M 85 56 68 97 84 75 1
Helix Technology Corporation 364.9M 75 62 63 56 61 76 1
Valens Semiconductor Ltd. 357.2M 53 89 90 47 66 77 1
Rockley Photonics Holdings Limited 305.7M 79 72 66 47 60 78 1
CyberOptics Corporation 272.8M 49 74 89 77 72 79 1
Transphorm, Inc. 255.8M 81 88 96 95 88 80 1

This report is intended for general guidance and information purposes only and under no circumstances is tailored to a specific factor or variable related to its reader or intended to be used or considered as financial or investment advice, a solicitation of any offer, a recommendation, or an offer to sell or buy any securities or other form of a financial asset. For the full disclaimer, click here.