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Micron (MU) concluded the recent trading session at $103.25, signifying a +0.98% move from its prior day's close.
BOISE, Idaho, June 03, 2025 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), announced today that it is shipping qualification samples of the world's first 1γ (1-gamma) node-based low-power double data rate 5X (LPDDR5X) memory, designed to accelerate AI applications on flagship smartphones. Delivering the industry's fastest LPDDR5X speed grade of 10.7 gigabits per second (Gbps), combined with up to a 20% power savings,1 Micron LPDDR5X transforms smartphones with faster, smoother mobile experiences and longer battery life — even when executing data-intensive workloads such as AI-powered translation or image generation.
![]() MTE 2 months ago | Other | €0.1 Per Share |
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![]() MTE 2 months ago | Other | €0.1 Per Share |
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Semiconductors Industry | Technology Sector | Mr. Sanjay Mehrotra CEO | XSTU Exchange | US5951121038 ISIN |
US Country | 48,000 Employees | - Last Dividend | 2 May 2000 Last Split | 1 Jun 1984 IPO Date |
Micron Technology, Inc. is a global leader in the design, development, manufacture, and sale of memory and storage products. Founded in 1978 and based in Boise, Idaho, Micron operates through four main business units: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. The company's products play integral roles across various markets, including cloud server, enterprise and client computing, graphics, networking, industrial, automotive, smartphone, and other mobile devices. Micron markets its products globally through a combination of direct sales forces, independent sales representatives, distributors, and retailers. It also utilizes a web-based direct sales channel, alongside channel and distribution partners, under the Micron and Crucial brands, as well as private labels.
These semiconductor devices are known for their low latency, offering high-speed data retrieval. They are used across various applications, including cloud server, enterprise, client computing, graphics, networking, and automotive markets.
This category includes both re-writable semiconductor storage devices and re-writable semiconductor memory devices that offer fast read speeds. These products are critical for smartphone and other mobile-device markets, providing persistent data storage.
Micron offers SSDs and component-level storage solutions for the enterprise and cloud, client, and consumer storage markets. These products are essential for enhancing data storage capabilities and performance in various computing environments.
The company provides discrete storage products in components and wafers. These products cater to the specific needs of the automotive, industrial, and consumer markets, where tailored storage solutions are often required.
Micron's memory and storage solutions also extend to automotive, industrial, and consumer markets, demonstrating the company's versatile application of its technologies to meet the diverse needs of these sectors.