Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Singapore, Japan, Malaysia, China, India, and internationally. It operates through the Cloud Memory Business Unit (CMBU); Core Data Center Business Unit (CDCBU); Mobile and Client Business Unit (MCBU); and Automotive and Embedded Business Unit (AEBU) segments. The company provides memory products, including dynamic random access memory components and modules, CXL-based memory, LPDDR components and modules, graphics memory, high-bandwidth memory, and data center memory products; multichip packages (MCP) comprising embedded multimedia cards-based, universal flash storage-based, and NAND-based MCPs; and technology leadership products that include 1y DRAM and G9 NAND technologies. It also offers storage products, such as data center solid state drive (SSD), client SSD storage, and auto and industrial SSD storage; managed NAND; NAND flash; NOR flash; and memory cards. In addition, the company provides design tools, including FBGA and part decoder; DRAM power calculators; NAND power calculators; simulation models; chipset compatibility guides; serial presence-detection tools; cross-reference tools; UFSparm; SSD firmware; software and drivers; storage executive software; and obsolete part catalogs. It markets its semiconductor memory and storage products under the Micron and Crucial brands. The company serves the data center, PC, graphics, networking, automotive, industrial, and consumer embedded markets, as well as for smartphone and other mobile-device markets. It sells its products through its direct sales force, independent sales representatives, distributors, and retailers; web-based customer direct sales channel; and channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
AI-Driven Growth | Micron's strategic focus on high-bandwidth memory and AI applications positions it for substantial market expansion in the rapidly evolving semiconductor landscape |
Financial Resilience | Explore Micron's robust financial performance, with revenues exceeding $10 billion and EPS outperforming expectations, signaling strong market positioning |
Market Dynamics | Delve into the shifting memory market, with projected DRAM price increases and growing demand for high-performance computing solutions shaping Micron's trajectory |
Future Outlook | Analyst targets range from $95 to $200 per share, reflecting optimism about Micron's potential in the expanding AI and data center markets |
Metrics to compare | MU | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipMUPeersSector | |
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P/E Ratio | 26.6x | 89.2x | 11.9x | |
PEG Ratio | 0.03 | 0.65 | 0.01 | |
Price/Book | 4.2x | 3.6x | 2.4x | |
Price / LTM Sales | 6.1x | 3.7x | 2.3x | |
Upside (Analyst Target) | −1.2% | 3.0% | 19.2% | |
Fair Value Upside | Unlock | −1.7% | 5.6% | Unlock |