AI Spotlight on MU
Company Description
Micron Technology, Inc.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 Technology, Inc.was founded in 1978 and is headquartered in Boise, Idaho.
Market Data
Last Price | 91.24 |
Change Percentage | -1.36% |
Open | 91.43 |
Previous Close | 92.5 |
Market Cap ( Millions) | 101657 |
Volume | 19096930 |
Year High | 157.54 |
Year Low | 79.15 |
M A 50 | 97.87 |
M A 200 | 108.7 |
Financial Ratios
FCF Yield | 0.54% |
Dividend Yield | 0.50% |
ROE | 8.63% |
Debt / Equity | 29.57% |
Net Debt / EBIDTA | 55.02% |
Price To Book | 2.17 |
Price Earnings Ratio | 26.11 |
Price To FCF | 183.5 |
Price To sales | 3.49 |
EV / EBITDA | 8.38 |
News
- 01:13 - March 10, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against MU
- Feb -01 - ROSEN, A LEADING LAW FIRM, Encourages Micron Technology, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - MU
- Feb -01 - SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Micron Technology, Inc. of Class Action Lawsuit and Upcoming DeadlinesΒ - MU
- Feb -01 - INVESTOR ALERT: Micron Technology, Inc. Is Being Sued For Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm
- Feb -01 - Prediction: This Artificial Intelligence (AI) Chip Stock Will Rebound in Spectacular Fashion in 2025
- Feb -01 - MU Announcement: Contact Kessler Topaz Meltzer & Check, LLP About the Securities Fraud Class Action Lawsuit Filed Against Micron Technology, Inc. (MU)
- Jan -31 - Micron (MU) Suffers a Larger Drop Than the General Market: Key Insights
- Jan -31 - ROSEN, HIGHLY-RANKED INVESTOR COUNSEL, Encourages Micron Technology, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action β MU
- Jan -31 - MU Shareholder Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Micron Technology, Inc. (MU) Shareholders of Deadline in Securities Fraud Class Action Lawsuit
- Jan -31 - March 10, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against MU
- Jan -31 - Micron Technology, Inc. Class Action Lawsuit Alert: Johnson Fistel Announces Shareholders with Losses Should Contact the Law Firm for More Information
- Jan -31 - The Schall Law Firm Invites Shareholders With Losses To Join A Securities Fraud Case Against Micron Technology, Inc.
- Jan -31 - Faruqi & Faruqi Reminds Micron Technology Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 10, 2025 - MU
- Jan -31 - 2 Tech Stocks to Buy on the Dip for 35% and 50% Upside: UBER, MU
- Jan -31 - MU SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Micron Technology, Inc. Shareholders with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
- Jan -31 - Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of March 10, 2025 in Micron Lawsuit - MU
- Jan -31 - Samsung's 'lackluster' chip business is losing ground to SK Hynix and Micron, says strategist
- Jan -31 - MU Investors Have Opportunity to Lead Micron Technology, Inc. Securities Fraud Lawsuit
- Jan -30 - MU Announcement: Kessler Topaz Meltzer & Check, LLP Encourages Micron Technology, Inc. (MU) Investors to Contact the Firm About Securities Fraud Class Action Lawsuit
- Jan -30 - NXT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Nextracker Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Compute and Networking Business Unit
Expected Growth : 12.4 %
What the company do ?
The Compute and Networking Business Unit from Micron Technology, Inc. develops and sells memory and storage products for cloud, enterprise, and networking applications.
Why we expect these perspectives ?
Growing demand for cloud computing, increasing adoption of 5G networks, and rising need for high-performance storage in enterprise applications drive the growth of Micron's Compute and Networking Business Unit.
Segment nΒ°2 -> Embedded Business Unit
Expected Growth : 8.3 %
What the company do ?
Micron's Embedded Business Unit provides memory and storage solutions for automotive, industrial, and consumer electronics applications, enabling advanced features and functionality.
Why we expect these perspectives ?
Growing demand for advanced features in automotive, industrial, and consumer electronics drives growth. Increasing adoption of autonomous vehicles, Industry 4.0, and IoT devices fuels need for high-performance memory and storage solutions.
Segment nΒ°3 -> Mobile Business Unit
Expected Growth : 12.3 %
What the company do ?
Micron's Mobile Business Unit focuses on developing and manufacturing memory and storage solutions for mobile devices, such as smartphones and tablets.
Why we expect these perspectives ?
Growing demand for high-performance and low-power memory solutions in smartphones and tablets, driven by increasing adoption of 5G, AI, and IoT technologies, will fuel Micron's Mobile Business Unit growth.
Segment nΒ°4 -> Storage Business Unit
Expected Growth : 12.2 %
What the company do ?
Micron's Storage Business Unit focuses on developing and manufacturing flash storage products, including SSDs, storage controllers, and other memory solutions for cloud, enterprise, and client markets.
Why we expect these perspectives ?
Growing demand for cloud storage, increasing adoption of SSDs in enterprise and client markets, and rising need for high-performance memory solutions drive Micron's Storage Business Unit growth.
Segment nΒ°5 -> All Other
Expected Growth : 10.5 %
What the company do ?
All Other from Micron Technology, Inc. refers to the company's non-memory products and services, including storage, networking, and other emerging technologies.
Why we expect these perspectives ?
Driven by increasing demand for storage and networking solutions, emerging technologies such as AI, 5G, and IoT, and Micron's strategic investments in these areas, the 'All Other' segment is expected to experience significant growth.
Micron Technology, Inc. Products
Product Range | What is it ? |
---|---|
DRAM | Dynamic Random Access Memory, a type of RAM that stores data in capacitors and is widely used in computers, laptops, and other electronic devices |
NAND Flash | A type of non-volatile memory that stores data even when power is turned off, used in solid-state drives, smartphones, and other devices |
3D XPoint | A type of non-volatile memory that provides high performance and low latency, used in storage devices and data centers |
SSDs | Solid-State Drives that use flash memory to store data, providing faster performance and lower latency than traditional hard disk drives |
Memory and Storage Modules | Modules that combine DRAM and NAND Flash to provide high-performance and high-capacity storage solutions |
Cloud and Enterprise Storage | Storage solutions designed for cloud and enterprise environments, providing high-performance and high-capacity storage |
Client SSDs | Solid-State Drives designed for client devices such as laptops and desktops, providing fast storage for operating systems and applications |
Mobile Storage | Storage solutions designed for mobile devices such as smartphones and tablets, providing high-performance and low-power storage |
Micron Technology, Inc.'s Porter Forces
Threat Of Substitutes
Micron Technology, Inc. faces moderate threat from substitutes due to the presence of alternative memory technologies such as flash storage and emerging technologies like phase-change memory.
Bargaining Power Of Customers
Micron Technology, Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's products are often customized, making it difficult for customers to switch suppliers.
Bargaining Power Of Suppliers
Micron Technology, Inc. relies on a few key suppliers for critical components, which gives them some bargaining power. However, the company's large scale and diversified supply chain mitigate this risk to some extent.
Threat Of New Entrants
The memory industry has high barriers to entry, including significant capital requirements and technological expertise. This makes it difficult for new entrants to challenge Micron Technology, Inc.'s position.
Intensity Of Rivalry
The memory industry is highly competitive, with several established players competing for market share. Micron Technology, Inc. faces intense rivalry from companies like Samsung, SK Hynix, and Western Digital.
Capital Structure
Value | |
---|---|
Debt Weight | 24.00% |
Debt Cost | 4.24% |
Equity Weight | 76.00% |
Equity Cost | 9.92% |
WACC | 8.56% |
Leverage | 31.58% |
Micron Technology, Inc. : Quality Control
Micron Technology, Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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AMD | Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. Its products include x86 microprocessors as β¦ |
INTC | Intel Corporation engages in the design, manufacture, and sale of computer products and technologies worldwide. The company operates through CCG, DCG, IOTG, Mobileye, NSG, PSG, and All Other segments. It β¦ |
GFS | GLOBALFOUNDRIES Inc. operates as a semiconductor foundry worldwide. It manufactures integrated circuits, which enable various electronic devices that are pervasive. The company manufactures a range of semiconductor devices, including microprocessors, β¦ |