Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.67
MU's Cash to Debt is ranked lower than
59% of the 974 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 1.20 vs. MU: 0.67 )
Ranked among companies with meaningful Cash to Debt only.
MU' s 10-Year Cash to Debt Range
Min: 0.32   Max: 8.42
Current: 0.67

0.32
8.42
Equity to Asset 0.52
MU's Equity to Asset is ranked lower than
55% of the 974 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.57 vs. MU: 0.52 )
Ranked among companies with meaningful Equity to Asset only.
MU' s 10-Year Equity to Asset Range
Min: 0.4   Max: 0.86
Current: 0.52

0.4
0.86
Interest Coverage 8.77
MU's Interest Coverage is ranked higher than
60% of the 968 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.49 vs. MU: 8.77 )
Ranked among companies with meaningful Interest Coverage only.
MU' s 10-Year Interest Coverage Range
Min: 1.02   Max: 24.44
Current: 8.77

1.02
24.44
F-Score: 6
Z-Score: 3.35
M-Score: -2.65
WACC vs ROIC
12.46%
27.34%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) 21.28
MU's Operating margin (%) is ranked higher than
92% of the 974 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 2.30 vs. MU: 21.28 )
Ranked among companies with meaningful Operating margin (%) only.
MU' s 10-Year Operating margin (%) Range
Min: -39.6   Max: 37.61
Current: 21.28

-39.6
37.61
Net-margin (%) 22.97
MU's Net-margin (%) is ranked higher than
94% of the 974 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 1.69 vs. MU: 22.97 )
Ranked among companies with meaningful Net-margin (%) only.
MU' s 10-Year Net-margin (%) Range
Min: -41.19   Max: 23.64
Current: 22.97

-41.19
23.64
ROE (%) 35.98
MU's ROE (%) is ranked higher than
98% of the 974 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 2.66 vs. MU: 35.98 )
Ranked among companies with meaningful ROE (%) only.
MU' s 10-Year ROE (%) Range
Min: -33.82   Max: 30.58
Current: 35.98

-33.82
30.58
ROA (%) 17.70
MU's ROA (%) is ranked higher than
96% of the 974 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 1.58 vs. MU: 17.70 )
Ranked among companies with meaningful ROA (%) only.
MU' s 10-Year ROA (%) Range
Min: -17.31   Max: 18.39
Current: 17.7

-17.31
18.39
ROC (Joel Greenblatt) (%) 32.93
MU's ROC (Joel Greenblatt) (%) is ranked higher than
83% of the 974 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 4.04 vs. MU: 32.93 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
MU' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -23.98   Max: 51.84
Current: 32.93

-23.98
51.84
Revenue Growth (3Y)(%) 16.10
MU's Revenue Growth (3Y)(%) is ranked higher than
92% of the 974 Companies
in the Global Semiconductor Memory industry.

( Industry Median: -59.30 vs. MU: 16.10 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
MU' s 10-Year Revenue Growth (3Y)(%) Range
Min: -21.5   Max: 20.5
Current: 16.1

-21.5
20.5
EBITDA Growth (3Y)(%) 16.20
MU's EBITDA Growth (3Y)(%) is ranked higher than
91% of the 970 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.00 vs. MU: 16.20 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
MU' s 10-Year EBITDA Growth (3Y)(%) Range
Min: -75.9   Max: 210.7
Current: 16.2

-75.9
210.7
EPS Growth (3Y)(%) 146.30
MU's EPS Growth (3Y)(%) is ranked higher than
99% of the 970 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.00 vs. MU: 146.30 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
MU' s 10-Year EPS Growth (3Y)(%) Range
Min: -23.8   Max: 146.3
Current: 146.3

-23.8
146.3
» MU's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2014

MU Guru Trades in Q2 2014

Julian Robertson 49,300 sh (New)
Caxton Associates 162,900 sh (New)
Pioneer Investments 66,725 sh (New)
First Eagle Investment 3,300,530 sh (New)
Ken Heebner 4,906,500 sh (New)
John Burbank 7,698 sh (New)
George Soros 700,000 sh (+180.00%)
RS Investment Management 554,000 sh (+87.35%)
Ray Dalio 686,474 sh (+62.14%)
Louis Moore Bacon 215,559 sh (+8.98%)
Whitney Tilson 117,165 sh (+3.58%)
Seth Klarman 51,655,434 sh (unchged)
Steven Cohen 3,940,000 sh (unchged)
Joel Greenblatt Sold Out
PRIMECAP Management 34,863,335 sh (-0.88%)
Donald Smith 18,691,359 sh (-7.56%)
David Einhorn 40,344,293 sh (-8.32%)
Andreas Halvorsen 17,699,068 sh (-14.36%)
Chuck Royce 6,500 sh (-36.89%)
Paul Tudor Jones 43,601 sh (-39.98%)
Jim Simons 2,477,136 sh (-53.15%)
Jeremy Grantham 8,400 sh (-96.28%)
» More
Q3 2014

MU Guru Trades in Q3 2014

David Dreman 44,769 sh (New)
Mariko Gordon 25,799 sh (New)
Joel Greenblatt 1,363,304 sh (New)
Paul Tudor Jones 99,168 sh (+127.44%)
Louis Moore Bacon 330,520 sh (+53.33%)
Steven Cohen 5,930,600 sh (+50.52%)
Andreas Halvorsen 20,566,647 sh (+16.20%)
Caxton Associates 1,000,000 sh (unchged)
Seth Klarman 51,655,434 sh (unchged)
Pioneer Investments 6,868 sh (unchged)
John Burbank Sold Out
First Eagle Investment Sold Out
Jeremy Grantham Sold Out
Chuck Royce Sold Out
PRIMECAP Management 34,820,435 sh (-0.12%)
Caxton Associates 150,000 sh (-7.92%)
Donald Smith 16,534,957 sh (-11.54%)
Julian Robertson 41,200 sh (-16.43%)
Whitney Tilson 94,215 sh (-19.59%)
RS Investment Management 433,800 sh (-21.70%)
David Einhorn 30,474,593 sh (-24.46%)
George Soros 450,000 sh (-35.71%)
Ray Dalio 430,874 sh (-37.23%)
Ken Heebner 1,416,500 sh (-71.13%)
Jim Simons 493,836 sh (-80.06%)
» More
Q4 2014

MU Guru Trades in Q4 2014

First Eagle Investment 1,519,000 sh (New)
Jim Simons 1,147,836 sh (+132.43%)
David Dreman 71,133 sh (+58.89%)
Whitney Tilson 128,640 sh (+36.54%)
Ken Heebner 1,866,500 sh (+31.77%)
Paul Tudor Jones 124,784 sh (+25.83%)
Seth Klarman 23,706,035 sh (+20.30%)
Julian Robertson 48,300 sh (+17.23%)
Louis Moore Bacon 364,690 sh (+10.34%)
RS Investment Management 475,700 sh (+9.66%)
David Einhorn 31,255,970 sh (+2.56%)
PRIMECAP Management 34,902,135 sh (+0.23%)
Mariko Gordon Sold Out
George Soros Sold Out
Andreas Halvorsen 20,163,744 sh (-1.96%)
Donald Smith 15,640,594 sh (-5.41%)
Pioneer Investments 6,050 sh (-11.91%)
Ray Dalio 367,874 sh (-14.62%)
Joel Greenblatt 1,154,308 sh (-15.33%)
Caxton Associates 107,400 sh (-28.40%)
Seth Klarman 19,706,035 sh (-61.85%)
Steven Cohen 1,138,400 sh (-80.80%)
» More
Q1 2015

MU Guru Trades in Q1 2015

David Tepper 3,553,207 sh (New)
Lee Ainslie 6,029,240 sh (New)
Richard Perry 5,730,000 sh (New)
Scott Black 69,836 sh (New)
Ray Dalio 814,974 sh (+121.54%)
Joel Greenblatt 2,118,596 sh (+83.54%)
Andreas Halvorsen 31,146,060 sh (+54.47%)
First Eagle Investment 2,062,770 sh (+35.80%)
Julian Robertson 58,500 sh (+21.12%)
Louis Moore Bacon 428,668 sh (+17.54%)
David Dreman 81,267 sh (+14.25%)
David Einhorn 33,549,546 sh (+7.34%)
Whitney Tilson 137,130 sh (+6.60%)
PRIMECAP Management 35,050,735 sh (+0.43%)
George Soros 930,000 sh (unchged)
Louis Moore Bacon 100,000 sh (unchged)
Seth Klarman 19,706,035 sh (unchged)
Caxton Associates Sold Out
Jim Simons Sold Out
Ken Heebner Sold Out
Pioneer Investments Sold Out
Donald Smith 15,309,246 sh (-2.12%)
Paul Tudor Jones 120,507 sh (-3.43%)
RS Investment Management 95,677 sh (-79.89%)
Steven Cohen 70,000 sh (-93.85%)
» More
» Details

Insider Trades

Latest Guru Trades with MU

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Micron Technology Inc

David Einhorn Comments on Micron Technologies - Jan 23, 2014

MU (MU) is a manufacturer of semiconductor memory chips (DRAM and NAND flash). This isn't our first go-round with MU; it was a large short position from January 2001 to February 2005. Back then, DRAM was a lousy industry with too many competitors selling an undifferentiated product, often below cost. In the first quarter of 2001 when the shares were trading in the low $40s we wrote:

MU is valued at 6.5x current run-rate revenues and, today, generates no profits. In its best year ever (fiscal 2000), MU recorded $2.52 per share of earnings, making the current price 17x the peak earnings of a cyclical, commodity manufacturer. In the previous two years, MU lost money.

At the time, the valuation was kept aloft by the hopes and dreams of sell-side analysts. In our next letter we shared the following anecdote:

In an exchange of e-mails with a leading sell-side analyst who recommends purchase of MU with a $70 per share target, we solicited his justification for the current $24 billion market capitalization (let alone the $40 billion suggested by his target.) Our analyst friend explained he tried to use cyclical valuation methodologies to come up with a rationale for buying the stock but failed because such an approach suggests "the stock should trade in the teens." However, he maintains, should we have a good pricing environment next year, "people will treat the stock the same way [as they have] and take it much higher than they should." Lest we be unclear about his raison d'être, he added he "could just perennially stamp an underperform on MU because he can't justify the $24 billion, but that would be boring." He need not worry; we are fans of boring.

This sort of unchecked cheerleading among sell-side analysts is by no means gone. Today, they spin different fables to justify otherwise inexplicable valuations for the latest flavor-of-the-month stocks. As for MU, a decade of poor results exposed every flaw in the business and killed any love for the stock. The sell-side groupthink has reversed: the mostly bearish analysts now contort themselves to justify earnings estimates that are too low, price targets that are too pessimistic, and stock ratings that are too negative.

We established a position in MU at an average price of $16.49, marking the first time we have taken a long position in a company in which we once had a material short position. The industry has changed and so has MU. Its purchase of Elpida Memory out of bankruptcy in August 2013 marks the end of a decade of consolidation from roughly a dozen major DRAM players down to just three. Technological advances and locked-up intellectual property have made it unlikely that any new players will enter the industry in the intermediate term. MU and its competitors have signaled that they will refrain from adding capacity and will instead prioritize economic value-add. For the first time in memory, MU intends to use its excess cash flow to shrink the outstanding share count rather than build new factories. We believe the company will approach $4 per share of earnings and free cash flow in calendar 2014, and should enjoy a better multiple as investors begin to appreciate the new dynamic. The shares ended the quarter at $21.75.

 

From David Einhorn (Trades, Portfolio)'s fourth quarter 2013 commentary.

Check out David Einhorn latest stock trades

Top Ranked Articles about Micron Technology Inc

Lee Ainslie Adds 90 New Stocks to His Portfolio Within the First Quarter
Lee Ainslie (Trades, Portfolio) added 90 positions to his portfolio during 1QFY15, according to GuruFocus Real Time Picks. He now has 119 stocks in his portfolio valued around $6.21 billion. His portfolio has a 36% quarter over quarter turnover. Majority of his portfolio consist of stocks in the technology sector (33.9%). Read more...
David Tepper's Top 5 First-Quarter Stock Buys
David Tepper (Trades, Portfolio)’s Appaloosa Management has about $20 billion in assets under management and a portfolio with 38 long positions valued at $5.7 billion. The top sectors they have invested in are Consumer Cyclical at 25.6% and ETFs at 24.6%. Read more...
Donald Smith's Largest Second Quarter Holdings
Donald Smith (Trades, Portfolio) is the President and Chief Investment Officer at Donald Smith (Trades, Portfolio) & Co., a discipline-based value investing fund. The fund’s website boasts that that they are a “deep-value manager employing a strict bottom-up approach.” Donald Smith (Trades, Portfolio) & Co.’s investment team seeks out-of-favor companies that are valued in the bottom decile of price-to-tangible book value ratios.

Read more...
David Einhorn’s Top Stock Picks Post Major Gains
David Einhorn (Trades, Portfolio)’s hedge fund firm Greenlight Capital is up 5.4% for 2014 through May, a positive turn from the 1.5% loss he reported for the first quarter. The fund was plagued by a 61% year-to-date increase in a significant short, Keurig Green Mountain Inc. (GMCR). He also reported shorting a basket of technology stocks, where the Nasdaq 100 Technology Sector has risen 12% year to date. Athenahealth Inc. (ATHN), another short which he announced on May 5, is down 6.4% since the start of the year, but has returned to around the level it was before he made the announcement. Read more...
Weekly CEO Sells Highlight: Micron Technology Inc., Penske Automotive Group Inc., Huntsman Corp and Sunstone Hotel Investors Inc.
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Micron Technology Inc, Penske Automotive Group Inc, Huntsman Corp, and Sunstone Hotel Investors Inc. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 8.70
MU's P/E(ttm) is ranked higher than
96% of the 968 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.00 vs. MU: 8.70 )
Ranked among companies with meaningful P/E(ttm) only.
MU' s 10-Year P/E(ttm) Range
Min: 3.54   Max: 115.75
Current: 8.7

3.54
115.75
Forward P/E 7.87
MU's Forward P/E is ranked higher than
98% of the 972 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.00 vs. MU: 7.87 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 8.40
MU's PE(NRI) is ranked higher than
96% of the 968 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 100.50 vs. MU: 8.40 )
Ranked among companies with meaningful PE(NRI) only.
MU' s 10-Year PE(NRI) Range
Min: 3.72   Max: 157.14
Current: 8.4

3.72
157.14
P/B 2.40
MU's P/B is ranked lower than
65% of the 899 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 1.75 vs. MU: 2.40 )
Ranked among companies with meaningful P/B only.
MU' s 10-Year P/B Range
Min: 0.26   Max: 3.63
Current: 2.4

0.26
3.63
P/S 1.99
MU's P/S is ranked lower than
60% of the 977 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 1.49 vs. MU: 1.99 )
Ranked among companies with meaningful P/S only.
MU' s 10-Year P/S Range
Min: 0.25   Max: 2.68
Current: 1.99

0.25
2.68
PFCF 12.50
MU's PFCF is ranked higher than
86% of the 973 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 66.88 vs. MU: 12.50 )
Ranked among companies with meaningful PFCF only.
MU' s 10-Year PFCF Range
Min: 2.77   Max: 411.67
Current: 12.5

2.77
411.67
POCF 5.79
MU's POCF is ranked higher than
90% of the 973 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 33.48 vs. MU: 5.79 )
Ranked among companies with meaningful POCF only.
MU' s 10-Year POCF Range
Min: 1.32   Max: 11.56
Current: 5.79

1.32
11.56
EV-to-EBIT 9.04
MU's EV-to-EBIT is ranked higher than
88% of the 973 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 77.03 vs. MU: 9.04 )
Ranked among companies with meaningful EV-to-EBIT only.
MU' s 10-Year EV-to-EBIT Range
Min: -186.5   Max: 565.7
Current: 9.04

-186.5
565.7
PEG 0.31
MU's PEG is ranked higher than
99% of the 973 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.00 vs. MU: 0.31 )
Ranked among companies with meaningful PEG only.
MU' s 10-Year PEG Range
Min: 0.43   Max: 3.85
Current: 0.31

0.43
3.85
Shiller P/E 29.90
MU's Shiller P/E is ranked higher than
84% of the 968 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.00 vs. MU: 29.90 )
Ranked among companies with meaningful Shiller P/E only.
MU' s 10-Year Shiller P/E Range
Min: 27.72   Max: 421.63
Current: 29.9

27.72
421.63
Current Ratio 2.41
MU's Current Ratio is ranked higher than
57% of the 974 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 1.95 vs. MU: 2.41 )
Ranked among companies with meaningful Current Ratio only.
MU' s 10-Year Current Ratio Range
Min: 1.32   Max: 5.29
Current: 2.41

1.32
5.29
Quick Ratio 1.83
MU's Quick Ratio is ranked higher than
58% of the 974 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 1.51 vs. MU: 1.83 )
Ranked among companies with meaningful Quick Ratio only.
MU' s 10-Year Quick Ratio Range
Min: 0.96   Max: 4.32
Current: 1.83

0.96
4.32
Days Inventory 80.34
MU's Days Inventory is ranked higher than
59% of the 977 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 95.35 vs. MU: 80.34 )
Ranked among companies with meaningful Days Inventory only.
MU' s 10-Year Days Inventory Range
Min: 55.22   Max: 112.67
Current: 80.34

55.22
112.67
Days Sales Outstanding 52.53
MU's Days Sales Outstanding is ranked higher than
69% of the 978 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 76.18 vs. MU: 52.53 )
Ranked among companies with meaningful Days Sales Outstanding only.
MU' s 10-Year Days Sales Outstanding Range
Min: 34.7   Max: 98.17
Current: 52.53

34.7
98.17

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.50
MU's Price/Tangible Book is ranked lower than
58% of the 920 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.00 vs. MU: 2.50 )
Ranked among companies with meaningful Price/Tangible Book only.
MU' s 10-Year Price/Tangible Book Range
Min: 0.41   Max: 8.56
Current: 2.5

0.41
8.56
Price/DCF (Projected) 1.10
MU's Price/DCF (Projected) is ranked higher than
89% of the 973 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.00 vs. MU: 1.10 )
Ranked among companies with meaningful Price/DCF (Projected) only.
MU' s 10-Year Price/DCF (Projected) Range
Min: 0.95   Max: 14.19
Current: 1.1

0.95
14.19
Price/Median PS Value 1.40
MU's Price/Median PS Value is ranked lower than
55% of the 977 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.00 vs. MU: 1.40 )
Ranked among companies with meaningful Price/Median PS Value only.
MU' s 10-Year Price/Median PS Value Range
Min: 0.25   Max: 6.71
Current: 1.4

0.25
6.71
Price/Peter Lynch Fair Value 1.30
MU's Price/Peter Lynch Fair Value is ranked higher than
95% of the 935 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.00 vs. MU: 1.30 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
MU' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.58   Max: 7.18
Current: 1.3

0.58
7.18
Price/Graham Number 0.90
MU's Price/Graham Number is ranked higher than
87% of the 969 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.00 vs. MU: 0.90 )
Ranked among companies with meaningful Price/Graham Number only.
MU' s 10-Year Price/Graham Number Range
Min: 0.35   Max: 3.68
Current: 0.9

0.35
3.68
Earnings Yield (Greenblatt) 10.70
MU's Earnings Yield (Greenblatt) is ranked higher than
87% of the 974 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 2.30 vs. MU: 10.70 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) only.
MU' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 20.2
Current: 10.7

0.2
20.2
Forward Rate of Return (Yacktman) 10.87
MU's Forward Rate of Return (Yacktman) is ranked higher than
91% of the 972 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.00 vs. MU: 10.87 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) only.
MU' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -64.9   Max: 51.3
Current: 10.87

-64.9
51.3

Analyst Estimate

Aug15 Aug16 Aug17
Revenue(Mil) 17,274 18,524 19,591
EPS($) 3.13 3.59 3.70
EPS without NRI($) 3.13 3.59 3.70

Business Description

Industry: Semiconductors » Semiconductor Memory
Compare:CODE, RMBS, RMTR, LEDS, NLST » details
Traded in other countries:MTE.Germany, MU.Mexico, MU.Switzerland,
Micron Technology Inc was incorporated in October 1978. The Company manufactures and markets a range of DRAM, NAND Flash and NOR Flash memory, as well as other memory technologies, packaging solutions and semiconductor systems for use in computing, consumer, networking, automotive, industrial, embedded and mobile products. It markets its products through its internal sales force, independent sales representatives and distributors primarily to Original Equipment Manufacturers and retailers located around the world. The Company's segments include Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit and Embedded Business Unit. CNBU includes DRAM and NOR Flash products sold to the compute, networking, graphics and cloud server markets. MBU includes DRAM, NAND Flash and NOR Flash products sold to the smartphone, feature phone and tablet mobile-device market. SBU includes NAND Flash components and SSDs sold into enterprise and client storage, cloud and removable storage markets. SBU also includes NAND Flash products sold to Intel. EBU includes DRAM, NAND Flash and NOR Flash products sold into automotive and industrial applications, as well as the connected home and consumer electronics markets. Its manufacturing facilities are located in the United States, China, Japan, Malaysia, Puerto Rico, Singapore and Taiwan. It sells semiconductor products in both packaged and unpackaged forms. Its packaged products include memory modules, SSDs, MCPs, managed NAND, memory cards and USB devices. The semiconductor memory products are offered under the Micron, Lexar, Crucial, SpecTek and Elpida brand names and private labels. The Company faces intense competition in the semiconductor memory market from a number of companies, including Samsung Electronics Co., Ltd.; SanDisk Corporation; SK Hynix Inc. and Toshiba Corporation.
» More Articles for MU

Headlines

Articles On GuruFocus.com
current May 28 2015 
Richard Perry Makes Cheniere Third-Most Valuable Stake in Portfolio May 27 2015 
Micron Technology Reaching New Business Highs May 26 2015 
Richard Perry initiates a Position in Micron May 26 2015 
JF May 23 2015 
Scott Black Adds 12 New Positions During 1QFY15 To His Portfolio May 21 2015 
Lee Ainslie Adds 90 New Stocks to His Portfolio Within the First Quarter May 20 2015 
Should Micron Technology Investors Worry About DRAM Demand? May 17 2015 
David Tepper's Top 5 First-Quarter Stock Buys May 16 2015 
mwdorsa May 16 2015 

More From Other Websites
'Fast Money' Recap: Lehman's Former CEO Dick Fuld Speaks, Chips Consolidate May 28 2015
Is Micron Ready to Rally? May 28 2015
Richard Perry Makes Cheniere Third-Most Valuable Stake in Portfolio May 27 2015
Your first trade for Thursday May 27 2015
Broadcom Spikes on Buyout Chatter, Intel Rides Higher -- Tech Winners & Losers May 27 2015
Cramer: The reversal of the reversal May 27 2015
Fast Money Final Trade: KO, MRVL, MU & EXAS May 27 2015
Aramark (ARMK), Baidu Inc. (BIDU) Among Billionaire Lee Ainslie’s New Stock Picks May 27 2015
Intel, Micron to Ride Wave of Chip Re-Stocking, Says Jefferies May 27 2015
5 Companies That Narrowly Escaped Disaster May 26 2015
New York & Company and Micron Technologies: Doug Kass' Views May 25 2015
Micron Technology (MU) Stock Gains Today Following Coverage Initiation May 22 2015
Micron Technology: Impacted by Low Demand and Currency Pressure May 22 2015
Coverage initiated on Micron by Mizuho May 22 2015
What Stocks Are Trading below Their Moving Averages in XLK? May 21 2015
The Rise and Fall of Micron Technology’s Stock Price May 21 2015
Read More May 20 2015
Micron Technology President Mark Adams to Present May 27 at Sanford C. Bernstein 31st Annual... May 20 2015
Billionaire Seth Klarman’s Top Stock Picks: Pioneer Natural Resources (PXD) , ViaSat Inc. (VSAT),... May 19 2015
Seagate Technology: 2015 YTD Performance Underwhelms May 19 2015

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK