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Micron Technology Inc (MU) |
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Price: $68.6800
$-0.41 
-0.593%
|
| Day's High:
| $70.545
| Week Perf:
| -7.1 %
|
| Day's Low: |
$ 70.01 |
30 Day Perf: |
12.76 % |
| Volume (M): |
595 |
52 Wk High: |
$ 74.76 |
| Volume (M$): |
$ 41,937 |
52 Wk Avg: |
$58.42 |
| Open: |
$68.94 |
52 Wk Low: |
$48.43 |
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| Market Capitalization (Millions $) |
74,930 |
| Shares
Outstanding (Millions) |
1,091 |
| Employees |
48,000 |
| Revenues (TTM) (Millions $) |
22,780 |
| Net Income (TTM) (Millions $) |
1,336 |
| Cash Flow (TTM) (Millions $) |
2,021 |
| Capital Exp. (TTM) (Millions $) |
9,108 |
Micron Technology Inc
Micron Technology,'Inc., and its subsidiaries manufacture and market DRAMs, Flash
memory, CMOS image sensors and other semiconductor components. Micron Technology,'
Inc., a Delaware corporation, was incorporated in 1978. The Companys executive
offices are located at 8000 South Federal Way, Boise, Idaho 83716-9632 and its
telephone number is (208)'368-4000.
Products
The Company offers semiconductor products with a wide variety of packaging
and configuration options, architectures and performance characteristics to
meet customer needs.
Dynamic Random Access Memory'DRAM products are high density, low-cost-per-bit,
random access memory devices that provide high-speed data storage and retrieval.
DRAM is the Companys primary product and is the most widely used semiconductor
memory component in computer systems.
In recent years, the Company has broadened its DRAM product line as the market
has become more diverse. The Company offers 128 Meg, 256 Meg and 512 Meg Double
Data Rate Synchronous DRAM ("DDR") and SDRAM in multiple configurations,
speeds and package types. In 2003, DDR replaced SDRAM as the Companys highest
volume type of semiconductor memory products sold. DDR is used in computing
and networking applications and in a variety of other consumer electronics.
Although market demand has shifted from SDRAM to DDR devices for computing
and other applications, demand for SDRAM continues for many consumer applications,
such as cell phones, hand held devices and other communications equipment. The
Company also provides key customers with legacy DRAM products such as extended
data out ("EDO") and fast page mode ("FPM") and lower density
products such as the 16 Meg and 64 Meg DRAM. The Company continues to design
and develop next generation products, including DDR2, GDDR3 and certain other
products, including reduced latency DRAM ("RLDRAM") and Cellular RAM.
Flash Memory'Flash products are non-volatile semiconductor devices that retain
memory content when the power is turned off, and are electrically re-writeable.
Flash is used in networking applications, workstations, servers, PCs, and handheld
electronic devices such as digital cellular phones, digital cameras, and digital
music players. Currently, the Companys Flash offerings are comprised of NOR-based
products.
Complementary Metal-Oxide Semiconductor ("CMOS") Image Sensors'Image
sensors are semiconductor devices that capture images and process them into
pictures or video for a variety of consumer and industrial applications. The
Companys CMOS image sensors are used in products such as cellular phone cameras,
digital cameras, consumable pill cameras for medical use, automotive headlight
dimming and motion tracking systems. CMOS imaging is a new market for the Company.
The CMOS imaging market is expected to grow significantly over the next several
years.
Competition
The Company faces intense competition from a number of companies, including
Elpida Memory,'Inc., Hynix Semiconductor,'Inc., Infineon Technologies AG and
Samsung Electronics,'Inc. Some of these competitors are large corporations or
conglomerates that may have greater resources to withstand downturns in the
semiconductor markets in which the Company competes, invest in technology and
capitalize on growth opportunities. These competitors seek to increase silicon
capacity, improve yields, reduce die size and minimize mask levels in their
product designs. These factors have significantly increased worldwide supply
and put downward pressure on prices.
Company Address: 8000 S. Federal Way Boise 83716 ID
Company Phone Number: 368-4000 Stock Exchange / Ticker: NASDAQ MU
| MU is expected to report next financial results on June 29, 2023. |
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Customers Net Income grew by |
MU's Customers Net Profit Margin grew to |
3.24 % |
21.42 %
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| Stock Performances by Major Competitors |
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Nvidia Corp
Nvidia Corp, a leading technology company, has reported some significant financial results for the fiscal year ending April 30, 2023. The company's net profit per share increased by 28.13% to $0.82 per share compared to $0.64 per share the year before. However, the company's Income per Share plummeted by 69.25% from $2.67 per share from the preceding quarter. This is a concerning trend that the company needs to address going forward.
Furthermore, the company's revenue declined by 13.224% to $7.19 billion compared to $8.29 billion in the same quarter the previous year. However, sequentially revenue improved significantly by 20.047% from $5.99 billion. This indicates that the company is moving in the right direction, although it still needs to do more to grow its revenue streams.
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Marvell Technology Inc
Marvell Technology Inc, a semiconductor company, recently released its financial results for the first quarter of the 2024 earnings season. The financials presented were unfavorable, indicating revenue decreased by 8.653% year on year, leading to a net loss per share of $-0.20. The fall in revenue can be attributed to lower orders, leading to a significant shortfall for the company.
Comparing the recent figures with the previous quarter reveals that the company's revenue fell to $1.32 billion from $1.42 billion within three months. Additionally, Marvell Technology Inc's net earnings were $63.4 million in the first quarter of the 2024 earnings season, an improvement over the $-126.5 million in the same period the previous year.
Despite a better financial outcome than in the previous year, the company's bottom line was still negative. The earnings per share (EPS) increase was mainly due to the enormous tax provisions amounting to $63.4 million. Looking at the financials without the tax provisions shows that the first quarter of 2024 results is a more conservative figure that is much less favorable.
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Applied Materials Inc
Investors in the stock market have reason to be pleased with Applied Materials Inc, as the company has released solid financial results for the February to April 30, 2023 period. The semiconductor company's revenue rose by 6.165% to $6.63 billion, compared to $6.25 billion in the prior year. This is an impressive year-over-year growth that speaks to the company's ability to navigate the current market conditions.
What is even more impressive is the bottom-line growth of 6.9%. This growth saw the company's earnings per share rise to $1.86, compared to $1.74 in the prior year reporting season. This shows that the company is not only increasing revenue, but also managing its expenses effectively to improve its bottom-line.
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Microchip Technology Incorporated
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Allegro Microsystems Inc
Allegro Microsystems Inc. has announced positive earnings for the financial three months ending on March 31, 2023. Allegro reported that revenue for the quarter came in at $233.36 million, a 16.51% YoY increase, and a 2.635% QoQ increase. Additionally, the EPS (earnings per share) showed an impressive increase of 135.46% to $0.31, but sequentially decreased by -4.97%.
The semiconductor company's net earnings also showed remarkable growth, totaling $62.012 million in the financial fourth quarter of 2023, which marks an increase of 141.74% from the net earnings of $25.652 million reported in the fourth quarter of the previous year. Allegro Microsystems Inc also highlighted its stronger profit margins, with net margin increasing to 26.57% in the fiscal fourth quarter of 2023, and operating margin climbing to 27.04%. However, operating earnings only improved by 108.62% to $63.104 million.
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| Per Share |
Current |
| Earnings (TTM) |
1.1 $ |
| Revenues (TTM) |
20.88 $
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| Cash Flow (TTM) |
1.85 $ |
| Cash |
9.92 $
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| Book Value |
43.32 $
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| Dividend (TTM) |
0.38 $ |
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| Per Share |
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| Earnings (TTM) |
1.1 $
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| Revenues (TTM) |
20.88 $ |
| Cash Flow (TTM) |
1.85 $ |
| Cash |
9.92 $
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| Book Value |
43.32 $ |
| Dividend (TTM) |
0.38 $ |
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| DRAM Solutions Group |
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Segment |
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 |
of total Revenue |
| NAND Solutions Group |
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Segment |
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of total Revenue |
| Wireless Solutions Group |
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Segment |
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of total Revenue |
| Embedded Solutions Group |
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Segment |
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of total Revenue |
| All Other |
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Segment |
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of total Revenue |
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13.08% 