MT

Micron Technology

MU
NASDAQInformation Technology
$507.99
USD
-10.47(-2.02%)
At close: Apr 30, 14:34 UTC
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Open

$507.14

Prev. Close

$508.40

High

$511.98

Low

$506.83

Market Snapshot

Market Cap

$583.53B

P/E Ratio

24.2

EPS

3.50

Revenue

$29.09B

Why MU moved

Micron Technology's shares surged as the memory and storage sectors gained momentum, highlighting its vital role in producing semiconductors for global electronic devices.

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 Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). CNBU segment includes memory products and solutions sold into the data center, PC, graphics, and networking markets. MBU segment includes memory and storage products sold into the smartphone and other mobile-device markets. EBU segment includes memory and storage products and solutions sold into the intelligent edge through the automotive, industrial, and consumer embedded markets. SBU segment includes SSDs and component-level storage solutions sold into the data center, PC, and consumer markets.

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