Micron Technology, headquartered in Boise, Idaho, employs 43,000 and provides memory and storage solutions through its Micron and Crucial brands across four business units. These include segments for compute, mobile, embedded, and storage markets.
MU has been in the news recently: David Tepper's Appaloosa Management trimmed Chinese tech and some mega-cap tech holdings while increasing exposure to a semiconductor recovery, at a time when tech valuations vary widely and Micron Technology trades at about 10.5 times earnings. Samsung is negotiating sharply higher prices for its next-generation High Bandwidth Memory 4 (HBM4) AI chips, a development directly relevant to memory manufacturers such as Micron Technology.
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