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Micron Technology Inc

Micron Technology Inc (MU)

127.49
-3.38
(-2.58%)
At close: 17 July 6:00AM
127.35
-0.14
( -0.11% )
After Hours: 8:25AM

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Key stats and details

Current Price
127.35
Bid
127.34
Offer
127.35
Volume
21,260,388
127.24 Day's Range 130.97
61.75 52 Week Range 157.485
Market Cap
Previous Close
130.87
Open
130.39
Last Trade Time
08:25:52
Financial Volume
US$ 2,729,923,538
VWAP
128.4042
Average Volume (3m)
20,993,383
Shares Outstanding
1,108,841,326
Dividend Yield
0.36%
PE Ratio
-24.24
Earnings Per Share (EPS)
-5.26
Revenue
15.54B
Net Profit
-5.83B

About Micron Technology Inc

Micron historically focused on designing and manufacturing DRAM for PCs. The firm then expanded into the NAND flash memory market. It increased its DRAM scale with the purchase of Elpida (completed in mid-2013) and Inotera (completed in December 2016). The firm's DRAM and NAND products tailored to P... Micron historically focused on designing and manufacturing DRAM for PCs. The firm then expanded into the NAND flash memory market. It increased its DRAM scale with the purchase of Elpida (completed in mid-2013) and Inotera (completed in December 2016). The firm's DRAM and NAND products tailored to PCs, data centers, smartphones, game consoles, automotives, and other computing devices. Show more

Sector
Semiconductor,related Device
Industry
Semiconductor,related Device
Website
Headquarters
Wilmington, Delaware, USA
Founded
1970
Micron Technology Inc is listed in the Semiconductor,related Device sector of the NASDAQ with ticker MU. The last closing price for Micron Technology was US$130.87. Over the last year, Micron Technology shares have traded in a share price range of US$ 61.75 to US$ 157.485.

Micron Technology currently has 1,108,841,326 shares in issue. The market capitalisation of Micron Technology is US$145.11 billion. Micron Technology has a price to earnings ratio (PE ratio) of -24.24.

Micron Technology (MU) Options Flow Summary

Overall Flow

Bullish

Net Premium

13M

Calls / Puts

283.72%

Buys / Sells

81.32%

OTM / ITM

120.98%

Sweeps Ratio

0.01%

MU Latest News

Micron MRDIMM Innovations Deliver Highest Performance and Lowest Latency Main Memory to Accelerate Data Center Workloads

BOISE, Idaho, July 16, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), today announced it is now sampling its multiplexed rank dual inline memory module (MRDIMMs). The MRDIMMs...

Ericsson Reports 14% Profit Increase, UBS Downgrades Tesla Shares, Ozempic Linked to Reduced Dementia Risk

Ericsson AB (NASDAQ:ERIC) – Ericsson AB exceeded analysts’ expectations in the second quarter, benefiting from cost-cutting measures amid a challenging market. The Swedish company...

Inflation Data In Line With Estimates May Generate Early Buying Interest

The major U.S. index futures are currently pointing to a higher open on Friday, as investors react to the release of closely watched inflation data. Early buying interest may be generated in...

US Index Futures Signal Higher Opening Amid Inflation Data Anticipation, Oil Prices Rise

US index futures point to a higher opening this Friday, as investors await new inflation data and look forward to closing a positive quarter for stocks. In the first half of the year, the Nasdaq...

Micron Releases 2024 Sustainability Report Highlighting Progress and Long-Term Vision

BOISE, Idaho, June 27, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), a global leader in innovative memory and storage solutions, today announced the release of its 2024...

Slump By Micron May Weigh On Wall Street

The major U.S. index futures are currently pointing to a slightly lower open on Thursday, with stocks likely to give back ground after moving mostly higher over the two previous sessions. A slump...

Levi Strauss Falls 15%, BlackBerry Narrows Losses, Micron Issues In-Line Projections Post Strong 3Q Results

Levi Strauss (NYSE:LEVI) – Despite the growing popularity of jeans, Levi Strauss reported second fiscal quarter revenues slightly below Wall Street expectations, with $1.44 billion versus...

U.S. Futures Decline Ahead of Key Economic Events, Oil Prices Rise

U.S. index futures point to a lower opening on Thursday, influenced by a disappointing revenue forecast from chipmaker Micron Technology (NASDAQ:MU), with focus on the release of Q1 GDP this...

Period †ChangeChange %OpenHighLowAvg. Daily VolVWAP
1-4.43-3.36166337836131.78136.5127.2421903881132.41918905CS
4-24.39-16.0735468565151.74157.485127.2432234778137.07753532CS
1217.6416.0787530763109.71157.485108.0920993383131.04054979CS
2644.8154.288829658382.54157.48579.15521210976115.88373297CS
5263.6299.827396830463.73157.48561.751732005998.94675964CS
15650.19565.057352083577.155157.48548.441816190078.15948054CS
26083.3189.10329171444.05157.48531.131957065369.11977997CS

Movers

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SymbolPriceVol.
1ADAdAlta Limited
AUD 0.024
(0.00%)
0
14DO1414 Degrees Limited
AUD 0.008
(0.00%)
0
14DN1414 Degrees Limited
AUD 0.00
(0.00%)
0
14D1414 Degrees Limited
AUD 0.07
(0.00%)
0
13S13 Seeds Limited
 0.00
(0.00%)
0
1ADAdAlta Limited
AUD 0.024
(0.00%)
0
14DO1414 Degrees Limited
AUD 0.008
(0.00%)
0
14DN1414 Degrees Limited
AUD 0.00
(0.00%)
0
14D1414 Degrees Limited
AUD 0.07
(0.00%)
0
13S13 Seeds Limited
 0.00
(0.00%)
0
VUKVirgin Money UK Plc
AUD 4.135
(0.00%)
715k
DRODroneShield Limited
AUD 2.335
(0.00%)
200k
FMGFortescue Ltd
AUD 29.50
(0.00%)
187.9k
LNWLight and Wonder Inc
AUD 156.233
(0.00%)
108.44k
CIAChampion Iron Ltd
AUD 6.355
(0.00%)
56k

MU Discussion

View Posts
Chartmaster Chartmaster 6 days ago
Bought the July 140 calls just now!
πŸ‘οΈ0
mhashesh mhashesh 2 weeks ago
Anything happening here?
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CharlesNet CharlesNet 3 weeks ago
How much lower Monks?
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Monksdream Monksdream 3 weeks ago
MU 10Q expected Wednesday 6/26
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Monksdream Monksdream 4 weeks ago
MU new 52 week high
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CharlesNet CharlesNet 1 month ago
Gotta Love that!
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1hot toddy 1hot toddy 1 month ago
17000 SHARE BUY $$$$$$$$$$$$$$$$$$$$$$$$
❣️ 1
greese57 greese57 2 months ago
NLST;)$$$ mycrap lost the fight and now has to pay $445 million plus royalties!!!
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Ramazing Ramazing 2 months ago
Headcrack
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Lokotony Lokotony 3 months ago
Good news today, so of course we start to get hit like AMD and INTC. Hope NOT to lose this 20%, but this damn market
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Monksdream Monksdream 3 months ago
While we are at with birth dates Bill Gates, Steve Jobs and Bill Joy were all born within six months of each other in 1955
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CharlesNet CharlesNet 3 months ago
Close to the same age as you. Born in 1953
πŸ‘οΈ0
Monksdream Monksdream 3 months ago
I am busy posting new highs and new lows plus earnings report due 4/4 and 4/5
I would not doubt DELL has rallied this afternoon
The latest BS newsletter I received this morning was about US stocks being priced to perfection while Euro and Chinese stocks represent good undervalued bargains
Get em while they can be had on the cheap is the teaser message
In my view I figured the US economy would recover from the Covid pandemic only it wouldn’t happen overnight
After buying $50,000 each in the popular indexes: DIA, SPY, QQQ, MDY IWM IJR I started buying individual issues beginning in 2023
I bought issues making new 52 week highs and continued throughout 2023 to the point I have positions in over 100 companies
Most are mature companies in business even before I was born in 1952
The US economy is the most resilint economy on the planet
👍️ 1
CharlesNet CharlesNet 3 months ago
I know Monk, isn’t it crazy! Also DELL is going nuts.
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Monksdream Monksdream 3 months ago
MU new 52 hi
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CharlesNet CharlesNet 3 months ago
Yep
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Monksdream Monksdream 3 months ago
MU new 52 hi
πŸ‘οΈ0
Monksdream Monksdream 4 months ago
MU new 52 hi
Next day settlement begins 5/28 per SEC mandate
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CharlesNet CharlesNet 4 months ago
Great companies
πŸ‘οΈ0
Monksdream Monksdream 4 months ago
And I
I also have shares of NVDA, QCOM, KLAC, ONTO, LRCX, ASML, TSMC, SMCI
πŸ‘οΈ0
CharlesNet CharlesNet 4 months ago
Thanks Monk. I own and love MU.
πŸ‘οΈ0
Monksdream Monksdream 4 months ago
MU new 52 hi
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Monksdream Monksdream 4 months ago
Early Barchart 100
https://www.barchart.com/stocks/performance/percent-change/advances?orderBy=percentChange&orderDir=desc
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Lokotony Lokotony 4 months ago
NOW, let's hope that the MMs don't run it into the ground. I have other stocks that had great earnings. 24 hour pop and then daily red forever. Hoping this is next big explosion like NVDA, even though this has been it's range for a long time.
πŸ‘οΈ0
CharlesNet CharlesNet 4 months ago
Nice pop on $MU after earnings
❣️ 1
Lokotony Lokotony 4 months ago
Just got in......let's go great earnings!!!!!
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Monksdream Monksdream 4 months ago
MU new 52 week high
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abracky abracky 5 months ago
https://finance.yahoo.com/news/micron-starts-mass-production-memory-134418085.html
πŸ‘οΈ0
greese57 greese57 5 months ago
NLST:)$$$ mycrap gunna pay!!!
👍️ 1
eyeownu eyeownu 6 months ago
Abandon ship. Abandon ship lmaooo
👍️ 1
greese57 greese57 7 months ago
NLST patent infringement lawsuit against mycrap
👍️ 2
Expensivetaste281 Expensivetaste281 7 months ago
What does this have to do with $mu?
👎️ 1
greese57 greese57 7 months ago
NLST:)$$$ 1/20/23 court case in Texas starts and mycrap is gonna pay up!!!!
👍️ 1
greese57 greese57 7 months ago
NLST:)$$$ mycrap you are gunna pay up for ip theft!!!
👍️ 1
Monksdream Monksdream 8 months ago
MU new 52 week high
πŸ‘οΈ0
Monksdream Monksdream 8 months ago
MU new 52 week high
πŸ‘οΈ0
greese57 greese57 9 months ago
NLST $$$ micrap gunna pay up $$$
👍️ 1
Nivea67515 Nivea67515 11 months ago
Stock has gone no where in 5 years! It’s crazy!
πŸ‘οΈ0
greese57 greese57 1 year ago
NLST:)$$$ MU is about to pay up NLST!!!
👍️ 1
makinezmoney makinezmoney 1 year ago
$MU: Hope u got those $70-wkly calls !!!!!!!!!!

They were only $1.03 yesterday !!!!!!!!!!!!!

Should be $3 today

Nice beat on earnings........... no surprise............... easy peasy !


GO $MU
πŸ‘οΈ0
budgetthis budgetthis 1 year ago
Micron to the Moon……

Go MU !!
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Clean Clean 1 year ago
https://www.wsj.com/articles/china-ratchets-up-pressure-on-foreign-companies-524b958e

And then there's this...
πŸ‘οΈ0
Clean Clean 1 year ago
I guess it depends on what GPU models Musk buys for twitter... Looks like SK Hynix may be supplying Nvidia with their High Bandwidth Memory for their newer "compute" GPUs...

I can't confirm if Micron will benefit from this, since I can't find the specific model Musk is buying. I can't even find if he's buying Nvidia or AMD GPUs....
πŸ‘οΈ0
Clean Clean 1 year ago
Still bouncing off up-trending support. Yesterday was some good volume. I'm still pretty bearish. But Micron is holding up well and the upcoming Earnings may be a bit overdone on the low side...

Considering this is currently basing at the high end of its trading range for the past 10 months, makes me think this breaks out to the upside. 64.40sih breakout will not be easy... Could go either way.

China PR could ruin any upside momentum. But there is a huge potential catalyst on earnings with the twitter purchase of 10,000 GPUs. No idea if that hit this quarter or next???

https://bitscreener.com/crypto-news/elon-musk-buys-thousands-of-gpus-for-ai-project-at-twitter#:~:text=According%20to%20two%20sources%20familiar%20to%20the%20company%2C,halt%20in%20the%20development%20of%20powerful%20AI%20models.
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Clean Clean 1 year ago
Prop it up baby prop it up!!!

As of march 2023 debt is higher than cash on hand. Have not seen this in quite some time. Check the long term debt, it almost doubled from previous quarter. Retained earnings have been on the decline past two quarters and will most likely continue. Looks like a valuation pump based on plant construction revenue needs rather than fundamentals.
https://www.sec.gov/Archives/edgar/data/723125/000072312523000022/mu-20230302.htm

Combine that with the fact that ETH is no longer POW. The demand will probably not see 2020-2022 levels for quite some time. Everything the in the report that they are pushing this up with, has more arguments against than for this analyst's thesis.

Yes, Samsung cuts are good but this is just a slightly less bad story than an actual good one.

I like micron, but after this run I, still think this is going lower...
πŸ‘οΈ0
Clean Clean 1 year ago
They're selling delusion hard on this one...
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starbuxsux starbuxsux 2 years ago
Micron Unveils Plans For $15 Billion Chip Manufacturing Plant In Idaho

https://www.thestreet.com/markets/micron-unveils-plans-for-15-billion-chip-manufacturing-plant-in-idaho?utm_medium=browser_notifications&utm_source=pushly&utm_campaign=2360139
πŸ‘οΈ0
Nivea67515 Nivea67515 2 years ago
MU shareholders continue to be decimated!! Ugly here !
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dirtydozen911 dirtydozen911 2 years ago
just tossed 300 more on my pile.......$62.90.....still think this can go lower.....have some dry powder if we break $60....gla
$$$$$$$$$$$$$$$ MICRON $$$$$$$$$$.....the long game!!
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dirtydozen911 dirtydozen911 2 years ago
shoulda....... coulda....woulda.......should have waited to E O D
just dropped over a buck in A H .......there`s the $65 range i`ve been waiting for.
no matter ....great bargain at these levels.....i`ll just keep adding small pieces, if it heads lower ...G L A...$$$$$$$$$$$$$$ MICRON $$$$$$$$$$$
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