MT

Micron Technology

MU
NASDAQInformation Technology
$981.61
USD
-14.26(-1.43%)
At close: Jun 12, 20:00 UTC

Open

$986.19

Prev. Close

$987.16

High

$986.31

Low

$981.33

Market Snapshot

Market Cap

$1.1T

P/E Ratio

45.8

EPS

3.50

Revenue

$29.09B

Why MU moved

Micron Technology experiences increased institutional investment as Horizon Investment Services acquires 14,707 shares, highlighting growing confidence amid rising AI demand and quarterly performance.

About

Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. The company is headquartered in Boise, Idaho and currently employs 53,000 full-time employees. The firm delivers a portfolio of high-performance dynamic random-access memory (DRAM), NAND, and NOR memory and storage products through its Micron and Crucial brands. The firm's products enable advancing in artificial intelligence (AI) and compute-intensive applications. Its segments include Cloud Memory Business Unit (CMBU), Core Data Center Business Unit (CDBU), Mobile and Client Business Unit (MCBU) and Automotive and Embedded Business Unit (AEBU). CMBU is focused on memory solutions for large hyperscale cloud customers, and high bandwidth memory (HBM) for all data center customers. CDBU is focused on memory solutions for mid-tier cloud, enterprise, and OEM data center customers and storage solutions for all data center customers. MCBU is focused on memory and storage solutions for mobile and client segments. AEBU is focused on memory and storage solutions for the automotive, industrial, and consumer segments.

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