View ValuationMicron Technology 향후 성장Future 기준 점검 6/6Micron Technology (는) 각각 연간 28.4% 및 25.1% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 36.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 49.9% 로 예상됩니다.핵심 정보28.4%이익 성장률36.08%EPS 성장률Semiconductor 이익 성장25.6%매출 성장률25.1%향후 자기자본이익률49.89%애널리스트 커버리지Good마지막 업데이트26 May 2026최근 향후 성장 업데이트Price Target Changed • May 19Price target increased by 10% to US$613Up from US$556, the current price target is an average from 41 analysts. New target price is 10% below last closing price of US$682. Stock is up 591% over the past year. The company is forecast to post earnings per share of US$58.76 for next year compared to US$7.65 last year.Major Estimate Revision • Mar 26Consensus revenue estimates increase by 36%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from US$79.8b to US$108.7b. EPS estimate increased from US$34.26 to US$58.05 per share. Net income forecast to grow 251% next year vs 38% growth forecast for Semiconductor industry in the US. Consensus price target up from US$425 to US$525. Share price fell 17% to US$382 over the past week.공시 • Mar 19+ 1 more updateMicron Technology, Inc. Provides Earning Guidance for the Third Quarter of 2026Micron Technology, Inc. provided earning guidance for the third quarter of 2026. For the quarter, the company expects revenue of $33.5 billion ± $750 million and diluted earnings per share of $18.90 ± $0.40.공시 • Dec 18Micron Technology, Inc. Provides Earnings Guidance for the Second Quarter of 2026Micron Technology, Inc. provided earnings guidance for the second quarter of 2026. For the quarter, the company expects revenue of $18.70 billion ± $400 million and Diluted earnings per share of $8.19 ± $0.20.Price Target Changed • Oct 15Price target increased by 7.2% to US$201Up from US$187, the current price target is an average from 36 analysts. New target price is 7.2% above last closing price of US$187. Stock is up 79% over the past year. The company is forecast to post earnings per share of US$16.11 for next year compared to US$7.65 last year.Major Estimate Revision • Sep 30Consensus EPS estimates increase by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$49.4b to US$53.0b. EPS estimate increased from US$12.23 to US$15.80 per share. Net income forecast to grow 109% next year vs 23% growth forecast for Semiconductor industry in the US. Consensus price target up from US$160 to US$185. Share price was steady at US$164 over the past week.모든 업데이트 보기Recent updatesSeeking Alpha • 9hMicron: Massive Upside, But A Brutal Cycle Eventually ComesSummary Micron has delivered a nearly 700% 12-month return, underpinned by explosive revenue and margin expansion driven by AI data center demand. Despite strong fundamentals and sold-out capacity through 2026, I maintain a cautious buy due to the stock's extreme cyclicality and risk of rapid de-rating. Supply expansions by MU, SK hynix, and Samsung may normalize margins post-2027, while demand growth could decelerate as AI infrastructure matures. Momentum should remain positive near-term, but risk management is crucial given the potential for sharp drawdowns if operational deleverage emerges. Read the full article on Seeking Alpha속보 • May 25Micron Technology Sees Supply Sold Out Through 2027 as AI Chip Demand Stays ElevatedMicron continues to benefit from intense AI-driven demand, with its high-bandwidth memory (HBM) capacity reportedly pre-sold through at least 2026 and, in some reports, sold out through 2027 under long-term contracts with major cloud providers. The company has begun producing advanced 1α DRAM in Virginia as part of a planned US$100b to US$200b U.S. expansion, targeting 40% of DRAM output domestically and supporting critical sectors such as automotive, defense and industrial. Analysts have sharply raised price targets, with some citing very large projected EPS growth and high gross margin expectations, while also flagging the cyclical risk of a future memory downcycle and valuation concerns after very large stock gains. The key theme running through the news is tight supply meeting heavy AI-related demand. This is giving Micron strong pricing power, long-term contract visibility and support from policymakers focused on domestic chip capacity. At the same time, you need to weigh that optimism against classic memory-cycle risks, including potential future supply normalization, high capital spending commitments and the possibility that sentiment could reverse quickly if DRAM and HBM pricing or data center orders start to soften.New Risk • May 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Significant insider selling over the past 3 months (US$19m sold).Price Target Changed • May 19Price target increased by 10% to US$613Up from US$556, the current price target is an average from 41 analysts. New target price is 10% below last closing price of US$682. Stock is up 591% over the past year. The company is forecast to post earnings per share of US$58.76 for next year compared to US$7.65 last year.Recent Insider Transactions • May 17Independent Director recently sold US$1.6m worth of stockOn the 11th of May, Steven Gomo sold around 2k shares on-market at roughly US$787 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$10m. Insiders have been net sellers, collectively disposing of US$59m more than they bought in the last 12 months.내러티브 업데이트 • May 15MU: AI Cycle Hype Will Eventually Collide With Memory Supply ExpansionMicron Technology's analyst fair value estimate has shifted higher to $584.62 from $526.48, as analysts factor in a larger AI data center memory opportunity and stronger assumptions around margins and future P/E multiples. Analyst Commentary Street research on Micron has turned increasingly active, with a cluster of higher price targets as analysts adjust models for AI driven memory demand, tighter supply conditions, and potential for higher margins and P/E multiples.새로운 내러티브 • May 14Micron: AI Memory Supercycle Is Now Showing Up In Revenue, Margins And Cash FlowMicron has moved from being a “possible AI memory beneficiary” to a company where the AI memory supercycle is now visible in revenue, margins and cash flow. The Simply Wall St snapshot frames the trade-off well: MU has exceptional growth potential and a strong balance sheet, but the share price has already moved dramatically.공시 • May 14Micron Technology, Inc. Samples 256GB DDR5 Server ModuleMicron Technology, Inc. announced it has sampled 256GB DDR5 registered dual in-line memory modules (RDIMM) to key server ecosystem enablers. The module is built on the company’s 1-gamma technology, which is capable of speeds up to 9,200 megatransfers per second (MT/s), greater than 40% faster than modules in volume production. Micron’s module employs advanced packaging techniques, 3D stacking (3DS) multiple memory dies connected by through-silicon vias (TSVs). Combined with Micron’s 1-gamma DRAM, these innovations provide the capacity, speed and power efficiency required to scale next-generation AI systems. A single 256GB module can reduce operating power by more than 40% versus two 128GB modules, enabling greater efficiency for modern AI data centers. Micron is collaborating with key ecosystem enablers to validate the 256GB 1-gamma DDR5 RDIMM across their respective current and next-generation server platforms. This co-validation ensures broad platform compatibility and accelerates the path to production deployment for data center customers building AI and HPC infrastructure at scale. The rapid proliferation of large language models (LLMs), agentic AI, real-time inference and high-core-count CPU workloads is driving an urgent need for greater enterprise server memory capacity, higher bandwidth and improved power efficiency. Micron’s 256GB DDR5 RDIMM addresses these growing requirements head-on, enabling server architects, hyperscale operators and platform partners to maximize memory capacity per socket while operating within the thermal and power boundaries of modern data center infrastructure. Micron’s 1 gamma-based 256GB DDR5 RDIMM is currently sampling to key server ecosystem enablers for platform validation.Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 38%After last week's 38% share price gain to US$795, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 34x in the Semiconductor industry in the US. Total returns to shareholders of 1,146% over the past three years.Recent Insider Transactions • May 07Senior VP recently sold US$4.1m worth of stockOn the 1st of May, Michael Ray sold around 8k shares on-market at roughly US$534 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$10m. Insiders have been net sellers, collectively disposing of US$57m more than they bought in the last 12 months.Recent Insider Transactions Derivative • May 03CEO, President & Chairman notifies of intention to sell stockSanjay Mehrotra intends to sell 40k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of May. If the sale is conducted around the recent share price of US$536, it would amount to US$21m. For the year to August 2019, Sanjay's total compensation was 5% salary and 95% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2025, Sanjay's direct individual holding has increased from 1.05m shares to 1.07m. Company insiders have collectively sold US$140m more than they bought, via options and on-market transactions in the last 12 months.Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$525, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 35x in the Semiconductor industry in the US. Total returns to shareholders of 752% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$276 per share.내러티브 업데이트 • Apr 27MU: AI Memory Tightness For Data Centers Will Define Next SupercycleAnalysts have lifted their implied fair value estimate for Micron Technology from about $523 to roughly $780, citing higher projected revenue growth, stronger profit margins and a lower assumed future P/E multiple, supported by a wave of recent price target increases and generally constructive research on AI driven memory demand. Analyst Commentary Recent research on Micron points to a generally constructive tone around AI driven memory demand, even as a few firms have turned more cautious or shifted their top picks elsewhere in semiconductors.Recent Insider Transactions • Apr 15Executive VP of Worldwide Sales recently sold US$1.4m worth of stockOn the 9th of April, Michael Cordano sold around 3k shares on-market at roughly US$421 per share. This transaction amounted to 6.7% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$11m. Insiders have been net sellers, collectively disposing of US$42m more than they bought in the last 12 months.내러티브 업데이트 • Apr 13MU: AI Memory Tightness Will Support Higher Margins Before New Capacity ArrivesAnalysts have lifted the fair value estimate for Micron Technology to about $526 from roughly $425, citing expectations of slightly lower revenue growth alongside higher profit margins and a modestly lower future P/E. The revision is supported by a broad wave of research that raises price targets on tighter memory supply and stronger pricing for HBM and data center memory.Recent Insider Transactions Derivative • Apr 13Executive VP & Chief Business Officer notifies of intention to sell stockSumit Sadana intends to sell 24k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of April. If the sale is conducted around the recent share price of US$421, it would amount to US$10m. Since June 2025, Sumit's direct individual holding has increased from 201.33k shares to 248.02k. Company insiders have collectively sold US$127m more than they bought, via options and on-market transactions in the last 12 months.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$422, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 24x in the Semiconductor industry in the US. Total returns to shareholders of 578% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$273 per share.Buy Or Sell Opportunity • Mar 31Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to US$338. The fair value is estimated to be US$273, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 113%. For the next 3 years, revenue is forecast to grow by 23% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.내러티브 업데이트 • Mar 30MU: AI Memory Boom Will Eventually Confront Expanding DRAM Supply PlansMicron Technology's updated analyst price target has moved from $214.08 to $305.91 as analysts factor in higher projected profit margins, supportive commentary around tight DRAM and NAND supply, robust AI driven memory demand, and the potential for higher long term earnings power reflected in recent Street research. Analyst Commentary Recent research coverage around Micron shows a wide range of views, even as many firms update their models for tighter DRAM and NAND markets, AI driven demand, and higher assumed earnings power.분석 기사 • Mar 26We Think That There Are Issues Underlying Micron Technology's (NASDAQ:MU) EarningsDespite announcing strong earnings, Micron Technology, Inc.'s ( NASDAQ:MU ) stock was sluggish. We did some digging and...Major Estimate Revision • Mar 26Consensus revenue estimates increase by 36%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from US$79.8b to US$108.7b. EPS estimate increased from US$34.26 to US$58.05 per share. Net income forecast to grow 251% next year vs 38% growth forecast for Semiconductor industry in the US. Consensus price target up from US$425 to US$525. Share price fell 17% to US$382 over the past week.분석 기사 • Mar 24Analysts Just Made A Massive Upgrade To Their Micron Technology, Inc. (NASDAQ:MU) ForecastsMicron Technology, Inc. ( NASDAQ:MU ) shareholders will have a reason to smile today, with the analysts making...Declared Dividend • Mar 22Second quarter dividend increased to US$0.15Dividend of US$0.15 is 30% higher than last year. Ex-date: 30th March 2026 Payment date: 15th April 2026 Dividend yield will be 0.1%, which is lower than the industry average of 0.8%. Payout Ratios Payout ratio: 2%. Cash payout ratio: 7%.Reported Earnings • Mar 19Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: US$12.24 (up from US$1.42 in 2Q 2025). Revenue: US$23.9b (up 196% from 2Q 2025). Net income: US$13.8b (up US$12.2b from 2Q 2025). Profit margin: 58% (up from 20% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 22%. Earnings per share (EPS) also surpassed analyst estimates by 36%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Semiconductor industry in the US. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 93% per year, which means it is significantly lagging earnings growth.공시 • Mar 19+ 1 more updateMicron Technology, Inc. Provides Earning Guidance for the Third Quarter of 2026Micron Technology, Inc. provided earning guidance for the third quarter of 2026. For the quarter, the company expects revenue of $33.5 billion ± $750 million and diluted earnings per share of $18.90 ± $0.40.내러티브 업데이트 • Mar 18Micron Technology will experience a robust 16.5% revenue growthI am not in the field, just a random office worker. Earnings will beat tomorrow.내러티브 업데이트 • Mar 16MU: AI Memory Tightness Will Eventually Meet New Capacity And Cooler ReturnsMicron Technology's analyst-derived fair value estimate has shifted from $365.22 to $425.13, reflecting higher Street price targets that are being tied to stronger memory pricing, tighter DRAM and NAND supply, and confidence in high bandwidth and server memory demand over the next few years. Analyst Commentary Bullish and cautious views on Micron are both visible in recent research, giving you a mix of enthusiasm about earnings power and some reminders to watch positioning and expectations.Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$426, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 24x in the Semiconductor industry in the US. Total returns to shareholders of 663% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$208 per share.새로운 내러티브 • Mar 10Position to be managed in the supercycle of memory but too expensive for long-term holdTarget Entry Point: Under $350 - ride 12 month supercycle (if you have appetite) Micron represents a cycle-aware position in the $200B+ global memory semiconductor market, entering the most profitable period in its 47-year history driven by AI-fueled demand for High Bandwidth Memory (HBM), data center DRAM, and enterprise SSDs. FY2026 is a confirmed supercycle: Q1 delivered $13.64B in record revenue (+57% YoY), Q2 is guided at $18.7B with 68% gross margins, and full-year consensus is ~$76B in revenue with ~$34 EPS. The core thesis — that AI structurally elevates memory from commodity component to strategic infrastructure — is validated by Micron's entire 2026 HBM supply being sold out under finalized contracts.공시 • Mar 03Micron Technology, Inc. Sets New Benchmark with the World's First High-Capacity 256Gb LPDRAM SOCAMM2 for Data Center InfrastructureMicron Technology, Inc. extended its leadership in low-power server memory by shipping customer samples of the industry’s highest-capacity LPDRAM module — 256GB SOCAMM2. Enabled by the industry's first monolithic 32Gb LPDDR5X design, this milestone represents a transformational step forward for AI data centers, delivering low-power memory capacity that can unlock new system architectures. The convergence of AI training, inference, agentic AI and general-purpose compute are driving more demanding memory requirements and reshaping data center system architectures. Modern AI workloads drive large model parameters, expansive context windows and persistent key value (KV) caches, while core compute continues to scale in data intensity, concurrency and memory footprint. Across these workloads, memory capacity, bandwidth efficiency, latency and power efficiency have become primary system level constraints, directly influencing performance, scalability and total cost of ownership. LPDRAM’s unique combination of these attributes position it as a cornerstone solution for both AI and core compute servers in increasingly power and thermally constrained data center environments. Micron is collaborating with NVIDIA to co-design sophisticated memory for the needs of advanced AI infrastructure. Micron’s 256GB SOCAMM2 delivers higher memory capacity, substantially lower power consumption and faster performance for a variety of AI and general-purpose computing workloads. With one-third more capacity than the prior highest capacity 192GB SOCAMM2, 256GB SOCAMM2 provides 2TB of LPDRAM per 8-channel CPU for larger context windows and complex inference workloads. SOCAMM2 consumes one-third of the power compared with equivalent RDIMMs, while using only one-third of the footprint, improving rack density and reducing the total cost of ownership. In unified memory architectures, 256GB SOCAMM2 improves time to first token by more than 2.3 times for long context, real-time LLM inference when used for KV cache offload compared to currently available solutions. In standalone CPU applications, LPDRAM delivers more than 3 times better performance per watt than mainstream memory modules for high-performance computing workloads. The modular SOCAMM2 design improves serviceability, supports liquid-cooled server architectures and enables future capacity expansion as AI and core compute memory requirements continue to grow. Micron continues to play a leading role in the JEDEC SOCAMM2 specification definition and maintains deep technical collaborations with system designers to drive industry-wide improvements in power efficiency and performance for next-generation data center platforms. Micron is now shipping customer samples of its 256GB SOCAMM2 and offers the industry’s broadest data center LPDRAM portfolio, spanning 8GB to 64GB components and 48GB to 256GB SOCAMM2 modules. One-third of the power consumption calculated based on watts of power used by one 128GB, 128-bit bus width SOCAMM2 module compared to two 64GB, 64-bit bus width DDR5 RDIMMs. One-third footprint calculation compares SOCAMM2 area (14x90mm) versus a standard server RDIMM. Results are based on Micron internal testing of real-time inference with Llama3 70B model (with FP16 quantization) using 500K context length and 16 concurrent users. The projected TTFT latency improvement is based on a latency of 0.12s for 2TB LPDRAM per CPU vs. 0.28s for 1.5TB LPDRAM per CPU. Micron internal testing measuring Pot3D solar physics HPC code performance on identical capacities of LPDDR5X and DDR5.내러티브 업데이트 • Mar 02MU: AI Memory Demand And Tight Supply Will Reshape Future CycleMicron Technology's analyst price target has been lifted sharply to $523. Analysts point to tightening memory markets, higher memory pricing, and strong AI driven demand for high performance DRAM and HBM products as key reasons for the recalibration.공시 • Feb 25Micron Technology, Inc. to Report Q2, 2026 Results on Mar 18, 2026Micron Technology, Inc. announced that they will report Q2, 2026 results on Mar 18, 2026내러티브 업데이트 • Feb 20Micron in Supercycle Mode… With One Big Risk: is Cyclicality Dead?When I wrote the original narrative, the thesis was straightforward: Micron was riding a powerful AI driven memory supercycle, and HBM was the ticket. That thesis hasn’t changed.새로운 내러티브 • Feb 20Micron (MU): The HBM3E Monopoly & The "Golden Era"The 2026 narrative for Micron has shifted from "cyclical hardware" to a non-substitutable AI bottleneck. As of February 2026, Micron has officially sold out its entire HBM3e and HBM4 inventory for the year, granting the company unprecedented pricing power.내러티브 업데이트 • Feb 16MU: AI Memory Hype Will Eventually Collide With Rising DRAM CapacityMicron Technology's fair value estimate has been revised higher from $176.14 to $214.08 as analysts factor in stronger assumptions for revenue growth, profit margins and future P/E. This revision is supported by a broad wave of higher Street price targets tied to tight memory supply and rising AI driven demand.내러티브 업데이트 • Feb 02MU: AI Memory Shortages Will Eventually Draw New Capacity And Pressure ReturnsAnalysts have lifted their fair value estimate for Micron from US$249.31 to US$365.22. They point to higher assumed revenue growth, wider profit margins and a lower future P/E multiple, supported by recent price target increases and generally positive commentary around tight memory supply and AI driven demand.내러티브 업데이트 • Jan 19MU: AI Memory Supercycle Hype Will Eventually Meet New DRAM CapacityOur fair value estimate for Micron Technology has been adjusted higher to US$176.14 from US$171.83, reflecting analysts' higher price targets and rationale around tight DRAM supply, strong AI driven memory demand, and expectations for improved margins and earnings power. Analyst Commentary Recent research has generally pointed to tight DRAM conditions, AI related memory demand, and constrained high bandwidth memory supply as key themes for Micron.내러티브 업데이트 • Jan 05MU: AI Memory Supercycle Hype Will Likely Drive Future Multiple CompressionMicron Technology's fair value estimate has been raised from approximately $105.48 to $171.83. Analysts attribute this change to tightening DRAM supply, accelerating high bandwidth memory ramps for AI workloads, and improving margin and earnings visibility despite recent sector volatility.공시 • Dec 19Micron Technology, Inc. announces Quarterly dividend, payable on January 14, 2026Micron Technology, Inc. announced Quarterly dividend of USD 0.1150 per share payable on January 14, 2026, ex-date on December 29, 2025 and record date on December 29, 2025.공시 • Dec 18Micron Technology, Inc. Provides Earnings Guidance for the Second Quarter of 2026Micron Technology, Inc. provided earnings guidance for the second quarter of 2026. For the quarter, the company expects revenue of $18.70 billion ± $400 million and Diluted earnings per share of $8.19 ± $0.20.내러티브 업데이트 • Dec 14MU: AI Memory Supercycle Will Support Earnings While Cycle Risks Limit UpsideAnalysts have raised their fair value estimate for Micron Technology to approximately $249 per share from about $221, citing stronger high bandwidth memory driven revenue growth, improving margins supported by tight DRAM and NAND supply, and a more durable AI focused upcycle, partly offset by expectations for some valuation multiple compression. Analyst Commentary Bullish analysts largely frame Micron as a key beneficiary of an emerging memory supercycle, underpinned by structural demand for high bandwidth memory and DRAM tied to artificial intelligence workloads and data center builds.공시 • Dec 03Micron Technology, Inc. Announces Exit from Crucial Consumer BusinessMicron Technology, Inc. announced its decision to exit the Crucial consumer business, including the sale of Crucial consumer-branded products at key retailers, e-tailers and distributors worldwide. Micron will continue Crucial consumer product shipments through the consumer channel until the end of fiscal Second Quarter (February 2026). The company will work closely with partners and customers through this transition and will provide continued warranty service and support for Crucial products. Micron will continue to support the sale of Micron-branded enterprise products to commercial channel customers globally. This decision reflects Micron’s commitment to its ongoing portfolio transformation and the resulting alignment of its business to secular, profitable growth vectors in memory and storage. By concentrating on core enterprise and commercial segments, Micron aims to improve long-term business performance and create value for strategic customers as well as stakeholders. Micron intends to reduce impact on team members due to this business decision through redeployment opportunities into existing open positions within the company.내러티브 업데이트 • Nov 30MU: Earnings Momentum Will Be Sustained As Demand Stays Robust Despite Cycle RisksMicron Technology’s analyst fair value estimate has been raised from $212.92 to $220.50. Analysts point to continued tight memory supply, resilient DRAM and high-bandwidth memory pricing, and strong earnings prospects amid robust demand for AI and data center applications.Valuation Update With 7 Day Price Move • Nov 20Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$201, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Semiconductor industry in the US. Total returns to shareholders of 247% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$102 per share.공시 • Nov 20Micron Technology, Inc. to Report Q1, 2026 Results on Dec 17, 2025Micron Technology, Inc. announced that they will report Q1, 2026 results on Dec 17, 2025내러티브 업데이트 • Nov 15MU: Peak Multiples And Supply Risks Will Limit Gains Amid Industry ShiftsMicron Technology’s average analyst price target has risen from $206.39 to $212.92. Analysts point to sustained momentum in DRAM pricing, margin improvement, and new growth drivers in AI-related memory demand.공시 • Nov 14Micron Technology, Inc., Annual General Meeting, Jan 15, 2026Micron Technology, Inc., Annual General Meeting, Jan 15, 2026.분석 기사 • Nov 07Micron Technology, Inc.'s (NASDAQ:MU) 28% Price Boost Is Out Of Tune With RevenuesDespite an already strong run, Micron Technology, Inc. ( NASDAQ:MU ) shares have been powering on, with a gain of 28...내러티브 업데이트 • Nov 01MU: Future U.S. Production And AI Infrastructure Will Shape Memory Cycle DynamicsMicron Technology's analyst price target has increased from $202.22 to $206.39. Analysts cite stronger DRAM pricing, long-term contract momentum, and the accelerating role of memory products in AI infrastructure as key drivers for the upward revision.Recent Insider Transactions • Oct 22Corporate VP & Chief Accounting Officer recently sold US$1.8m worth of stockOn the 20th of October, Scott Allen sold around 9k shares on-market at roughly US$210 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$26m more than they bought in the last 12 months.공시 • Oct 22+ 1 more updateMicron Delivers Industry's Highest Capacity SOCAMM2 for Low-Power DRAM in the AI Data CenterMicron Technology, Inc. announced customer sampling of 192GB SOCAMM2 (small outline compression attached memory modules) to enable broader adoption of low-power memory within AI data centers. SOCAMM2 extends the capabilities of Micron's first-to-market LPDRAM SOCAMM, delivering 50% more capacity in the same compact footprint. The added capacity can significantly reduce time to first token (TTFT) by more than 80% in real-time inference workloads. The 192GB SOCAMM2 uses Micron's most advanced 1-gamma DRAM process technology to deliver greater than 20% improvement in power efficiency, further enabling power design optimization of large data center clusters. These savings become quite significant in full-rack AI installations, which can include more than 40 terabytes of CPU-attached low-power DRAM main memory. The modular design of SOCAMM2 improves serviceability and lays the groundwork for future capacity expansion. Building on a five-year collaboration with NVIDIA, Micron pioneered the use of low-power server memory in the data center. SOCAMM2 delivers LPDDR5X's inherent advantages -- exceptionally low power consumption and high bandwidth -- to the main memory of AI systems. Designed to meet the evolving demands of massive- context AI platforms, SOCAMM2 provides the high data throughput required for AI workloads while delivering new levels of energy efficiency, setting a new standard for AI training and inference systems. This combination of advantages will make SOCAMM2 a key memory solution for AI platforms in the years ahead. Through specialized design features and enhanced testing, Micron SOCAMM2 products transform low-power DRAM, initially designed for mobile phones, into data center-class solutions. Extensive experience in high-quality data center DDR memory helps Micron ensure that SOCAMM2 meets the stringent quality and reliability requirements of data center customers. SOCAMM2 improves power efficiency by more than two-thirds4 compared with equivalent RDIMMs, while packing its performance into a module one-third the size5, optimizing data center footprint and maximizing capacity and bandwidth. SOCAMM's modular design and innovative stacking technology improves serviceability and aids the design of liquid-cooled servers. Micron has been an active participant in the JEDEC SOCAMM2 specification definition and is working closely with industry partners to drive standards that will accelerate low-power adoption in AI data centers to improve power efficiency across the entire industry. SOCAMM2 customer samples are shipping now in capacities up to 192GB per module and speeds up to 9.6 Gbps, with high-volume production aligned to customer launch schedules.공시 • Oct 21Crucial Debuts Crucial Ddr5 Pro Overclocking (Oc) 6400 Cl32Crucial®?, a brand of Micron Technology, Inc., is deepening its commitment to gamers with the debut of Crucial DDR5 Pro Overclocking (OC) 6400 CL32 Gaming DRAM. Engineered for tech enthusiasts and offered in 32GB kits or 16GB single modules1, this new memory delivers faster speeds, lower latency and a bold new design that looks as good as it performs. This launch cements Crucial's commitment to PC gamers with new 10-nanosecond/CL32-class latency and delivers on feedback related to aesthetics, now with a new elevated heatspreader design. Crucial DDR5 Pro OC 6400 CL32 is designed for those who want to win on both performance and style. It helps players load games faster, react instantly and stay ahead of the competition. It's fast, reliable and looks incredible inside your rig. Delivering meaningful performance gains in memory-sensitive games like Watch Dogs: Legion and Red Deademption, Crucial DDR5 Pro OC6400 CL32 offers average frame rate improvements of up to 25%, for smoother gameplay.2 While performance gains vary by title and hardware configuration, the most significant improvements are typically seen in games and applications that are memory-intensive. With speeds up to 6400MT/s3, this memory delivers up to 37.5% lower latency than JEDEC-standard DDR54, is optimized for next-gen multi-core CPUs and supports stable overclocking with Intel®? XMP 3.0 and AMD EXPO™?5 (requires manual BIOS enablement). It's compatible with Intel®? Core™? Ultra processors (Series 2) and AMD Ryzen™? 9000 Series processors, ensuring seamless integration into modern gaming and creative setups. Key features: Faster than ever: Up to 6400MT/s speed and CL32 latency means quicker reactions and smoother gameplay: More than 14% faster than standard 5600 DRAM. Micron-powered performance: Backed by Micron's trusted memory technology for long-term reliability and energy efficiency. Multitask like a pro: Perfect for gaming, livestreaming, 3D rendering and content creation, making it ideal for custom builds or for anyone who uses data-intensive applications like AI and machine learning. Engineered to win, styled to stand out With a camo-inspired pattern, available in stealth matte black or snowFox white, Crucial's refined heatspreader combines function with standout aesthetics. A diamond-cut Crucial logo and bold "Crucial Pro" spine branding introduce a refined, tactical look. Designed for durability, the new heatspreader delivers reliable cooling performance and a clean, modern finish that complements high-performance builds. Crucial DDR5 ProOC 6400 CL32 GamingDRAM will be available starting October 21, through e-tailers, retailers and channel partners.내러티브 업데이트 • Oct 18AI And Data Center Demand Will Drive Advanced Memory ExpansionMicron Technology's analyst price target has increased from $187 to $202, as analysts cite stronger revenue growth expectations and higher sustainable DRAM pricing. These factors are driving forecasts above prior consensus levels.Recent Insider Transactions Derivative • Oct 16CEO, President & Chairman exercised options and sold US$43m worth of stockOn the 15th of October, Sanjay Mehrotra exercised options to acquire 234k shares at no cost and sold these for an average price of US$182 per share. This trade did not impact their existing holding. For the year to August 2019, Sanjay's total compensation was 5% salary and 95% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Sanjay's direct individual holding has decreased from 1.28m shares to 947.65k. Company insiders have collectively sold US$112m more than they bought, via options and on-market transactions in the last 12 months.Price Target Changed • Oct 15Price target increased by 7.2% to US$201Up from US$187, the current price target is an average from 36 analysts. New target price is 7.2% above last closing price of US$187. Stock is up 79% over the past year. The company is forecast to post earnings per share of US$16.11 for next year compared to US$7.65 last year.내러티브 업데이트 • Oct 04AI And Data Center Demand Will Drive Advanced Memory ExpansionMicron Technology's analyst price target has climbed significantly from approximately $160 to $187 per share. Analysts cite strong quarterly results, higher profit margins, and optimism around sustained pricing power in the memory market as drivers of the increase.Recent Insider Transactions • Oct 04Independent Director recently sold US$864k worth of stockOn the 25th of September, Richard Beyer sold around 6k shares on-market at roughly US$156 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$25m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Oct 02CEO, President & Chairman notifies of intention to sell stockSanjay Mehrotra intends to sell 15k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of October. If the sale is conducted around the recent share price of US$181, it would amount to US$2.7m. For the year to August 2019, Sanjay's total compensation was 5% salary and 95% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Sanjay's direct individual holding has decreased from 1.28m shares to 1.00m. Company insiders have collectively sold US$77m more than they bought, via options and on-market transactions in the last 12 months.Valuation Update With 7 Day Price Move • Oct 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$184, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 22x in the Semiconductor industry in the US. Total returns to shareholders of 242% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$107 per share.Major Estimate Revision • Sep 30Consensus EPS estimates increase by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$49.4b to US$53.0b. EPS estimate increased from US$12.23 to US$15.80 per share. Net income forecast to grow 109% next year vs 23% growth forecast for Semiconductor industry in the US. Consensus price target up from US$160 to US$185. Share price was steady at US$164 over the past week.내러티브 업데이트 • Sep 29Micron's New Supercycle: Riding the High-Bandwidth Memory WaveRevised the narrative to include updated data on market share, catalysts, and risks. No changes were made to my valuation.Declared Dividend • Sep 28Fourth quarter dividend of US$0.12 announcedDividend of US$0.12 is the same as last year. Ex-date: 3rd October 2025 Payment date: 21st October 2025 Dividend yield will be 0.3%, which is lower than the industry average of 0.8%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 31%.Reported Earnings • Sep 24Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$7.65 (up from US$0.70 in FY 2024). Revenue: US$37.4b (up 49% from FY 2024). Net income: US$8.54b (up US$7.76b from FY 2024). Profit margin: 23% (up from 3.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.6%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in the US. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.공시 • Sep 24+ 1 more updateMicron Technology, Inc. Declares Quarterly Dividend, Payable on October 21, 2025Micron Technology, Inc. Board of Directors declared a quarterly dividend of $0.115 per share, payable in cash on October 21, 2025, to shareholders of record as of the close of business on October 3, 2025.Price Target Changed • Sep 22Price target increased by 7.3% to US$162Up from US$151, the current price target is an average from 35 analysts. New target price is approximately in line with last closing price of US$163. Stock is up 79% over the past year. The company is forecast to post earnings per share of US$7.39 for next year compared to US$0.70 last year.내러티브 업데이트 • Sep 19AI And Data Center Demand Will Drive Advanced Memory ExpansionAnalysts have raised Micron Technology’s price target to $159.91, reflecting stronger-than-expected Q3 results, continued AI-driven demand in DRAM and HBM, and improved earnings visibility, outweighing lingering NAND pricing concerns. Analyst Commentary Bullish analysts cite strong ongoing demand and tailwinds from artificial intelligence, data center growth, and hyperscaler adoption, particularly driving up DRAM and High Bandwidth Memory (HBM) sales.Recent Insider Transactions Derivative • Sep 14CEO, President & Chairman notifies of intention to sell stockSanjay Mehrotra intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 11th of September. If the sale is conducted around the recent share price of US$152, it would amount to US$1.1m. For the year to August 2019, Sanjay's total compensation was 5% salary and 95% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Sanjay's direct individual holding has decreased from 1.28m shares to 1.04m. Company insiders have collectively sold US$76m more than they bought, via options and on-market transactions in the last 12 months.분석 기사 • Sep 13Optimistic Investors Push Micron Technology, Inc. (NASDAQ:MU) Shares Up 25% But Growth Is LackingDespite an already strong run, Micron Technology, Inc. ( NASDAQ:MU ) shares have been powering on, with a gain of 25...Recent Insider Transactions Derivative • Sep 11CEO, President & Chairman notifies of intention to sell stockSanjay Mehrotra intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of September. If the sale is conducted around the recent share price of US$141, it would amount to US$1.1m. For the year to August 2019, Sanjay's total compensation was 5% salary and 95% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Sanjay's direct individual holding has decreased from 1.28m shares to 1.04m. Company insiders have collectively sold US$76m more than they bought, via options and on-market transactions in the last 12 months.Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improves as stock rises 18%After last week's 18% share price gain to US$140, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 22x in the Semiconductor industry in the US. Total returns to shareholders of 168% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$70.90 per share.내러티브 업데이트 • Sep 04AI And Data Center Demand Will Drive Advanced Memory ExpansionAnalysts remain bullish on Micron due to strong DRAM pricing, a shift toward higher-value HBM products, robust AI-driven demand, and improved guidance, but some caution persists regarding NAND and costs; the consensus analyst price target is unchanged at $150.57. Analyst Commentary Bullish analysts highlight Micron’s significantly better-than-expected Q4 guidance, citing strong DRAM pricing, favorable valuation, and robust long-term growth prospects due to secular AI and data center demand.공시 • Aug 29Micron Technology, Inc. to Report Q4, 2025 Results on Sep 23, 2025Micron Technology, Inc. announced that they will report Q4, 2025 results on Sep 23, 2025Valuation Update With 7 Day Price Move • Aug 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$128, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 21x in the Semiconductor industry in the US. Total returns to shareholders of 104% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$69.17 per share.공시 • Aug 12Micron Technology, Inc. Updates Earnings Guidance for the Fourth Quarter of 2025Micron Technology, Inc. updated earnings guidance for the fourth quarter of fiscal 2025, which ends August 28, 2025. For the quarter, the company expects revenue of 11.2 billion ± $100 Million compared to previous guidance of $10.7 Billion ± $300 Million. Diluted earnings per share of $2.64 ± $0.07 compared to previous guidance of $2.29 ± $0.15 per share.공시 • Jul 29Micron Unveils Portfolio of Industry-First Ssds to Power the Ai RevolutionMicron Technology, Inc. develops innovative memory and storage solutions to address the data needs of the AI-driven data center with superior performance, capacity and energy efficiency. Micron extends its industry leadership in storage with the launch of three new data center SSDs all built with Micron G9 NAND. This expansion of Micron's storage portfolio includes the world's first PCIe Gen6 NVMe SSD, industry-leading capacity for an E3.S SSD and the lowest latency mainstream Gen5 SSD for AI data centers. These new products are highly performant, energy and space efficient, and validated with leading ecosystem partners to streamline qualification and ensure seamless integration, making them the ideal portfolio for the widely divergent needs of AI workloads. The reduction in power consumption and carbon emissions allows data centers to meet sustainability goals while enhancing performance. Record-setting Gen6 performance: Up to 28 GB/s sequential read and 14 GB/s sequential write speeds; Up to 5.5 MIOPS random read and 900 KIOPS random write speeds; FIPS 140-3 Level 2 and Trade Agreement Act (TAA) compliant options help ensure SSDs sold to the U.S. government are manufactured or substantially transformed in the United States or in designated countries; Pioneering ecosystem collaborations, including prior public demonstrations with Astera Labs and Broadcom accelerate adoption through proven interoperability; A liquid-cooled E1.S version is available for the most advanced AI servers. With up to 5.5 million IOPS for random reads, the Micron 9650 is purpose-built for AI pipelines' high-throughput, low-latency demands. This product helps ensure GPUs remain continuously fed with data, minimizing idle cycles and maximizing system efficiency. At the time of announcement, no other Gen6 competitive SSDs are available that can provide the same or better performance as the Micron 9650 Gen6 SSD. The 9650 has two times the sequential read performance of the previous-generation 9550. Additionally, the Micron 6600 ION currently provides the highest-capacity solution available in a rack comparison using Micron E3.S drives: 20 SSDs per 1U x 36 servers (36U) x 122TB equals 88.5PB versus similar competitive U.2 form factor SSDs with 24 SSDs per 2U x 18 servers (36U) x122TB equaling 53PB, leaving 6U for other equipment in each rack. The Micron 7600 SSD has the lowest latency based on competitive testing in Micron labs and has the lowest sub-1ms latency up to QD128 based on RocksDB testing in Micron labs with available drives, per chapter 5.2 The 9650 has improved energy efficiency with two times the sequential read performance the 9550 SSD, Micron's previous-generation drive, with the same 25W maximum power.공시 • Jul 22Micron Launches Space-Qualified Portfolio to Power Mission-Critical Data for Aerospace InnovationMicron Technology, Inc. announced that it is launching the industry's highest-density, radiation-tolerant single-layer cell (SLC) NAND product. With a die capacity of 256 gigabits (Gb), this product is the first in a portfolio that will include space-qualified NAND, NOR and DRAM solutions. The product is available now and represents the first in its class to be offered by any major memory manufacturer. The space economy is skyrocketing, fueled by rapid growth in commercial and government missions. As computing and AI evolve, demand is rising for high-performance technology capable of processing data directly in orbit. AI-enabled edge computing is transforming space operations: allowing spacecraft to analyze sensor data, detect anomalies and make decisions autonomously, reducing reliance on Earth-based systems and preserving bandwidth. Spaceborne technologies must withstand harsh environmental conditions to deliver successful mission results. These challenges include extreme temperatures, shock and vibration, vacuum pressure, and radiation exposure from solar energetic particles and galactic cosmic rays. With EMIT capturing 100,000 spectra per second, Micron's high-density, radiation-t tolerant memory provides reliable, long-term data storage and processing vital for mission success. Micron's strategy: Expanding aerospace industry support with end-to-end supply chain control paramount for aerospace and government sectors, providing quality, longevity, security, traceability and supply continuity. This advantage is bolstered by recently announced plans to strengthen Micron's U.S.-based manufacturing. These plans include modernizing the company's Manassas, Virginia, facility and expanding its portfolio of NOR, SLC NAND and DDR3, with longevity supply of DDR4 and LPDDR4 for critical applications such as aerospace. Leveraging Micron's decades of experience in customer engineering labs that enable collaboration, the company is extending its capabilities to support the rapidly growing aerospace industry by building specialized regional customer labs and technical support and architecture teams. Micron is also optimizing a manufacturing process for aerospace solutions, enabling quality -- from precision engineering to raw wafer selection to compliance -- and addressing critical challenges faced by space platform developers. Building on its newly launched aerospace portfolio, Micron plans to introduce additional space-qualified memory and storage solutions in the coming year and beyond to address the evolving demands of next-generation space missions.공시 • Jun 27Micron Technology, Inc. announces Quarterly dividend, payable on July 22, 2025Micron Technology, Inc. announced Quarterly dividend of USD 0.1150 per share payable on July 22, 2025, ex-date on July 07, 2025 and record date on July 07, 2025.공시 • Jun 26+ 1 more updateMicron Technology, Inc. Elevates PC Performance, Unveils Adaptive Write Technology and G9 QLC NANDMicron Technology, Inc. announced the Micron 2600 NVMe SSD, a value client storage solution designed for OEMs. Built with the industry's first 9th-generation QLC NAND in an SSD, the 2600 SSD features Micron's innovative Adaptive Write Technology (AWT) to deliver exceptional PCIe Gen4 performance with QLC economics. The Micron 2600 SSD achieves up to 63% faster sequential write and 49% faster random write speeds than competing value QLC and TLC SSDs, offering a best-in-class user experience for demanding client users. Optimized QLC NAND performance: Micron AWT improves the write performance of QLC NAND by delivering an industry-first multi-tiered SLC, TLC and QLC dynamic caching architecture to improve sequential write speeds. Improved write performance provides up to four times faster sequential write speeds while continuously writing up to 800GB of data to a 2TB SSD. The cutting-edge six-plane NAND architecture of Micron's 2Tb G9 QLC NAND allows for higher degrees of parallelism and increases read and write commands issued to the NAND simultaneously to improve performance. With speeds up to 3.6 GB/s, the 2600 SSD offers the fastest NAND I/O rate now shipping in a client SSD. Storage matters: Powerful PC storage solutions enable improved application productivity and optimized user experience. The Micron 2600 SSD transforms everyday computing experiences, significantly boosting productivity for commonly used applications. Enhanced performance: The 2600 SSD accelerates data access, along with read and write speeds, leading to quicker boot times, faster application launch time and enhanced system responsiveness. Reduced OS image installation time ensures more efficient manufacturing process and fast commercial PC drive imaging for IT departments. AI PC applications: Storage performance is a key contributor to advancements in AI-driven applications.공시 • Jun 13Micron HBM Designed into Leading AMD AI PlatformMicron Technology, Inc. announced the integration of its HBM3E 36GB 12-high offering into the upcoming AMD Instinct™ MI350 Series solutions. This collaboration highlights the critical role of power efficiency and performance in training large AI models, delivering high-throughput inference and handling complex HPC workloads such as data processing and computational modeling. Furthermore, it represents another significant milestone in HBM industry leadership for Micron, showcasing its robust execution and the value of its strong customer relationships. Micron HBM3E 36GB 12-high solution brings industry-leading memory technology to AMD Instinct™ MI350 Series GPU platforms, providing outstanding bandwidth and lower power consumption.1 The AMD Instinct MI350 Series GPU platforms, built on AMD advanced CDNA 4 architecture, integrate 288GB of high-bandwidth HBM3E memory capacity, delivering up to 8 TB/s bandwidth for exceptional throughput. This immense memory capacity allows Instinct MI350 series GPUs to efficiently support AI models with up to 520 billion parameters—on a single GPU. In a full platform configuration, Instinct MI350 Series GPUs offers up to 2.3TB of HBM3E memory and achieves peak theoretical performance of up to 161 PFLOPS at FP4 precision, with leadership energy efficiency and scalability for high-density AI workloads. This tightly integrated architecture, combined with Micron’s power-efficient HBM3E, enables exceptional throughput for large language model training, inference and scientific simulation tasks—empowering data centers to scale seamlessly while maximizing compute performance per watt. This joint effort between Micron and AMD has enabled faster time to market for AI solutions.공시 • Jun 10Micron Technology, Inc. Ships HBM4 to Key Customers to Power Next-Gen AI PlatformsMicron Technology, Inc. announced the shipment of HBM4 36GB 12-high samples to multiple key customers. This milestone extends Micron's leadership in memory performance and power efficiency for AI applications. Built on its well-established 1ss (1-beta) DRAM process, proven 12-high advanced packaging technology and highly capable memory built-in self-test (MBIST) feature, Micron HBM4 provides seamless integration for customers and partners developing next-generation AI platforms. As use of generative AI continues to grow, the ability to effectively manage inference becomes more important. Micron HBM4 features a 2048-bit interface, achieving speeds greater than 2.0 TB/s per memory stack and more than 60% better performance over the previous generation. This expanded interface facilitates rapid communication and a high-throughput design that accelerates the inference performance of large language models and chain-of-thought reasoning systems. Simply put, HBM4 will help AI accelerators respond faster and reason more effectively. Additionally, Micron HBM4 features over 20% better power efficiency compared to Micron's previous-generation HBM3E products, which first established new, unrivaled benchmarks in HBM power efficiency in the industry. This improvement provides maximum throughput with the lowest power consumption to maximize data center efficiency. Generative AI use cases continue to multiply, and this transformative technology is poised to deliver significant benefits to society. HBM4 is a crucial enabler, driving quicker insights and discoveries that will foster innovation in diverse fields such as healthcare, finance and transportation. Intelligence Accelerated: Micron's role in the AI revolution: For nearly five decades, Micron has pushed the boundaries of memory and storage innovation. Today, Micron continues to accelerate AI by delivering a broad portfolio of solutions that turn data into intelligence, fueling breakthroughs from the data center to the edge. With HBM4, Micron reinforces its position as a critical catalyst for AI innovation and a reliable partner for customers' most demanding solutions. Micron plans to ramp HBM4 in calendar year 2026, aligned to the ramp of customers' next-generation AI platforms.공시 • Jun 03Micron Technology, Inc. Ships 1? (1-Gamma) -Based Lpddr5x, Enabling Rich Mobile Ai ExperiencesMicron Technology, Inc. announced that it is shipping qualification samples of the world's first 1g (1-gamma) node-based low-power double data rate 5X (LPDDR5X) memory, designed to accelerate AI applications on smartphones. Delivering the industry's fastest LPDDR5X speed grade of 10.7 gigabits per second (Gbps), combined with up to a 20% power savings, 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. To meet the industry's increasing demand for compact solutions for next-generation smartphone designs, Micron's engineers have shrink the LPDDR5X package size to offer the industry's thinnest package of 0.61 millimeters, making it 6% thinner compared to competitive offerings, and representing a 14% height reduction from the previous generation. The small form factor unlocks more possibilities for smartphone manufacturers to design ultraathin or foldable smartphones. The company's 1g-based LPDDR5X enables dramatic leap in performance for mobile users by enabling faster AI insights. For example, Micron evaluated mobile AI response times from large language model Llama 2, based on 1g LPDDR5X's 10.7 Gbps bandwidth compared to 1b (1-beta) LPDDR5X's 7.5 Gbps bandwidth, finding: Responses are 30% faster when asking for location-based restaurant recommendations. Results are more than 50% faster when translating a voice inquiry in English to text in Spanish to ask for directions. This milestone builds on Micron's February sampling of 1g-based DDR5 memory for next-generation CPUs in the data center and client segments. Micron's optimized 1g DRAM node leverages CMOS7 advancements like next-generation high-K metal gate technology for improved transistor performance and incorporates EUV lithography for enhanced bit density. As energy-intensive mobile AI workloads are increasingly processed on-device rather than only in the cloud, low-power chips are crucial for devices like smartphones, tablets and laptops, which need to conserve power while performing AI computations. Micron's 1g-based L PDDR5X's significant 20% power savings will allow mobile users to enjoy their favorite AI applications, games and video content longer on a single charge. In addition, as AI intensifies the need for powerful, energy-efficient compute, data center servers, intelligent vehicles and AI PCs may also increasingly adopt LPDDR5X for its unique blend of optimized power efficiency and high performance. Micron is currently sampling 1g-based LPD DR5X 16 gigabyte (GB) products to select partners and will offer a wide range of capacities from 8GB to 32GB for use in 2026 smartphones. Additional Resources. Mobile solutions page: Mobile Memory and Storage for Phones. Product page: LPDDR5X.공시 • May 22Micron Technology, Inc. to Report Q3, 2025 Results on Jun 25, 2025Micron Technology, Inc. announced that they will report Q3, 2025 results on Jun 25, 2025공시 • May 20Micron Technology, Inc. Unveils Latest High-Performance SSDs - the Crucial T710PCIe Gen5 NVMe SSD and the Crucial X10 Portable SSDAt Computex 2025, Micron Technology, Inc. expanded its leadership in consumer storage by unveiling its latest high-performance SSDs -- the Crucial T710 PCI Gen5 NVMe SSD and the Crucial X10 Portable SSD. Forged from years of dedicated research and development, these next-gen SSDs redefine performance standards across the board by pushing the limits of speed, capacity and durability -- powering world at full speed. The T710 delivers up to 67% more IOPs per watt than previous-generation Gen5 drives, running faster and cooler and making it ideal for PCs, laptops and workstations. The optional integrated heatsink ensures the T710 stays cool under pressure and capacity options up to 4TB2 means users have the storage space they need for their most demanding projects. The increasing demands of AI applications require robust hardware for optimal performance. With its dramatically increased energy efficiency and decreased latency, the Crucial T710 is perfect for enabling real-time local data processing on AI PCs, with the speed to load a large language model from SSD to memory in under one second. Crucial's latest portable drive, the X10, delivers read speeds of up to 2,100 MB/s,4 twice as fast as its predecessor.5 The X10 is designed for users who need a fast, reliable and durable solution to back up and store their most important photos, games, movies, documents and more. With 4TB, 6TB and 8TB versions available, the Crucial X10 allows users to store massive amounts of data, including up to 500,000 4K photos, 114 games or 2.6 million MP3 files. With its sleek, matte blue design, the X10 is perfect for content creators, gamers, photography hobbyists and mainstream consumers who require high-speed data transfer and ample storage capacity. Its durable design is IP65 dust- and water-resistant and drop-resistant up to 9.8 feet, making it a vault for data -- secure, portable and always ready. The T710 uses Silicon Motion's SM2508 controller, while the X10 uses the SM2322 controller. Availability: The Crucial X10 is now available for purchase through etailers, retailers and global channel partners, while T710 will be available starting in July 2025. Additional Resources: Crucial X10 is available starting in July 2025.Seeking Alpha • Apr 28Micron: I'm Finally Bullish (Rating Upgrade)Summary Micron Technology is in a favorable price action position, bouncing on a decade-long trend line. Shares are still holding up since the April 7 lows. My bull case is driven by limited tariff exposure, strong pricing power, and promising HBM sales after earnings data came in from SK hynix. That said, I remain concerned about recent insider selling and gross margin pressure from NAND oversupply. Overall, I favor Micron’s current technical setup. The AI narrative is still strong, and I expect the stock to hold the decade-long trendline. Read the full article on Seeking AlphaSeeking Alpha • Apr 21Micron: A Buy Recommendation Despite Current Market WoesSummary A trade war threatens Micron Technology, Inc.'s revenue growth as 80% of its sales are international. Management's Q3 FY 2025 gross margin guidance was weaker than analysts' forecasts, dampening investor sentiment. Micron has a significant potential upside opportunity in high bandwidth memory, which is necessary for training sophisticated AI algorithms. Its one-year forward PEG ratio implies a high potential upside if the memory chip manufacturing industry's upcycle continues. MU stock remains a buy for risk-tolerant investors. Read the full article on Seeking Alpha공시 • Apr 19Micron Technology, Inc. Announces Business Unit Reorganization to Capitalize on Ai Growth Across All Market SegmentsMicron Technology, Inc. announced a market segment-based reorganization of its business units to capitalize on the transformative growth driven by AI, from data centers to edge devices. Micron has maintained multiple generations of industry leadership in DRAM and NAND technology and has the strongest competitive positioning in its history. Micron’s industry-leading product portfolio, combined with world-class manufacturing execution enables the development of differentiated solutions for its customers across end markets. As high-performance memory and storage become increasingly vital to drive the growth of AI, this Business Unit reorganization will allow Micron to stay at the forefront of innovation in each market segment through deeper customer engagement to address the dynamic needs of the industry. Micron will begin transitioning to this new business structure immediately. The transition will be complete early in the company’s fiscal fourth quarter, which begins on May 30, 2025. Micron will report financial results under the new business structure starting with the fourth quarter of fiscal year 2025. The four business units will be: Cloud Memory Business Unit (CMBU): Focused on memory solutions for large hyperscale cloud customers, and high-bandwidth memory (HBM) for all data center customers. Raj Narasimhan, Senior Vice President and General Manager, who has led the Compute and Networking Business Unit (CNBU), will lead CMBU. Core Data Center Business Unit (CDBU): Focused on memory solutions for OEM data center customers and storage solutions for all data center customers. Jeremy Werner, Senior Vice President and General Manager, who has led the Storage Business Unit (SBU), will lead CDBU. Mobile and Client Business Unit (MCBU): Focused on memory and storage solutions for mobile and client segments. Mark Montierth, Corporate Vice President and General Manager, who has led the Mobile Business Unit (MBU), will lead MCBU. Automotive and Embedded Business Unit (AEBU): Focused on memory and storage solutions for the automotive, industrial and consumer segments. Kris Baxter, Corporate Vice President and General Manager, who has led the Embedded Business Unit (EBU), will lead AEBU. All four business units will continue to report to Sumit Sadana, Executive Vice President and Chief Business Officer.New Risk • Apr 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$74.34, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 17x in the Semiconductor industry in the US. Total returns to shareholders of 3.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$98.98 per share.Buy Or Sell Opportunity • Apr 03Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to US$74.34. The fair value is estimated to be US$98.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 27% per annum over the same time period.Seeking Alpha • Apr 01Micron Stock: Buy Before The SupercycleSummary Micron Technology reported earnings on March 20th. MU stock fell in response to gross margin pressure as NAND pricing faces pressure. DRAM and NAND will likely both see favorable conditions in FY2026, leading to record operating results. Read the full article on Seeking AlphaRecent Insider Transactions Derivative • Mar 26Executive VP & Chief People Officer notifies of intention to sell stockApril Arnzen intends to sell 15k shares in the next 90 days after lodging an Intent To Sell Form on the 25th of March. If the sale is conducted around the recent share price of US$96.13, it would amount to US$1.4m. Since March 2024, April's direct individual holding has increased from 148.82k shares to 179.54k. Company insiders have collectively sold US$91m more than they bought, via options and on-market transactions in the last 12 months.이익 및 매출 성장 예측NasdaqGS:MU - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수8/31/2028165,26396,24676,80399,717238/31/2027172,755111,55976,934104,445398/31/2026109,69766,66736,46860,491362/26/202658,11924,11110,28130,653N/A11/27/202542,31211,9094,65222,692N/A8/28/202537,3788,5391,66817,525N/A5/29/202533,8136,2251,88115,200N/A2/27/202531,3234,67260613,073N/A11/28/202429,0943,88255410,350N/A8/29/202425,1117781218,507N/A5/30/202421,371-1,539-1,3765,351N/A2/29/202418,312-3,767-3,3092,893N/A11/30/202316,181-6,872-5,0062,017N/A8/31/202315,540-5,833-6,1171,559N/A6/1/202318,173-2,911-4,7415,087N/A3/2/202323,0631,611-1,9448,901N/A12/1/202227,1566,18693512,186N/A9/1/202230,7588,6873,11415,181N/A6/2/202232,3899,9154,81915,288N/A3/3/202231,1699,0244,86015,010N/A12/2/202129,6197,3643,88214,439N/A9/2/202127,7055,8612,43812,468N/A6/3/202125,4874,12956010,855N/A3/4/202123,5033,197-6629,318N/A12/3/202022,0642,999-7568,262N/A9/3/202021,4352,687838,306N/A5/28/202020,2492,2602978,268N/A2/27/202019,5992,2975268,956N/A11/28/201920,6373,511N/A10,390N/A8/29/201923,4066,313N/A13,189N/A5/30/201926,97610,077N/A16,111N/A2/28/201929,98513,060N/A17,661N/A11/29/201831,50114,750N/A18,574N/A8/30/201830,39114,135N/A17,400N/A5/31/201828,08912,178N/A15,448N/A3/1/201825,85810,002N/A13,594N/A11/30/201723,1557,587N/A10,651N/A8/31/201720,3225,089N/A8,153N/A6/1/201717,4012,551N/A5,846N/A3/2/201714,733689N/A3,828N/A12/1/201613,019-302N/A3,186N/A9/1/201612,399-276N/A3,168N/A6/2/201612,782365N/A3,302N/A3/3/201613,7371,071N/A4,248N/A12/3/201514,9692,102N/A4,736N/A9/3/201516,1922,899N/A5,208N/A6/4/201516,8193,578N/A5,525N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: MU 의 연간 예상 수익 증가율(28.4%)이 saving rate(3.5%)보다 높습니다.수익 vs 시장: MU 의 연간 수익(28.4%)이 US 시장(16.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: MU 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: MU 의 수익(연간 25.1%)이 US 시장(연간 11.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: MU 의 수익(연간 25.1%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: MU의 자본 수익률은 3년 후 49.9%로 매우 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSemiconductors 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/26 20:17종가2026/05/22 00:00수익2026/02/26연간 수익2025/08/28데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Micron Technology, Inc.는 72명의 분석가가 다루고 있습니다. 이 중 39명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Warren LauAletheia Analyst Network LimitedBrett SimpsonArete Research Services LLPJames FontanelliArete Research Services LLP69명의 분석가 더 보기
Price Target Changed • May 19Price target increased by 10% to US$613Up from US$556, the current price target is an average from 41 analysts. New target price is 10% below last closing price of US$682. Stock is up 591% over the past year. The company is forecast to post earnings per share of US$58.76 for next year compared to US$7.65 last year.
Major Estimate Revision • Mar 26Consensus revenue estimates increase by 36%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from US$79.8b to US$108.7b. EPS estimate increased from US$34.26 to US$58.05 per share. Net income forecast to grow 251% next year vs 38% growth forecast for Semiconductor industry in the US. Consensus price target up from US$425 to US$525. Share price fell 17% to US$382 over the past week.
공시 • Mar 19+ 1 more updateMicron Technology, Inc. Provides Earning Guidance for the Third Quarter of 2026Micron Technology, Inc. provided earning guidance for the third quarter of 2026. For the quarter, the company expects revenue of $33.5 billion ± $750 million and diluted earnings per share of $18.90 ± $0.40.
공시 • Dec 18Micron Technology, Inc. Provides Earnings Guidance for the Second Quarter of 2026Micron Technology, Inc. provided earnings guidance for the second quarter of 2026. For the quarter, the company expects revenue of $18.70 billion ± $400 million and Diluted earnings per share of $8.19 ± $0.20.
Price Target Changed • Oct 15Price target increased by 7.2% to US$201Up from US$187, the current price target is an average from 36 analysts. New target price is 7.2% above last closing price of US$187. Stock is up 79% over the past year. The company is forecast to post earnings per share of US$16.11 for next year compared to US$7.65 last year.
Major Estimate Revision • Sep 30Consensus EPS estimates increase by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$49.4b to US$53.0b. EPS estimate increased from US$12.23 to US$15.80 per share. Net income forecast to grow 109% next year vs 23% growth forecast for Semiconductor industry in the US. Consensus price target up from US$160 to US$185. Share price was steady at US$164 over the past week.
Seeking Alpha • 9hMicron: Massive Upside, But A Brutal Cycle Eventually ComesSummary Micron has delivered a nearly 700% 12-month return, underpinned by explosive revenue and margin expansion driven by AI data center demand. Despite strong fundamentals and sold-out capacity through 2026, I maintain a cautious buy due to the stock's extreme cyclicality and risk of rapid de-rating. Supply expansions by MU, SK hynix, and Samsung may normalize margins post-2027, while demand growth could decelerate as AI infrastructure matures. Momentum should remain positive near-term, but risk management is crucial given the potential for sharp drawdowns if operational deleverage emerges. Read the full article on Seeking Alpha
속보 • May 25Micron Technology Sees Supply Sold Out Through 2027 as AI Chip Demand Stays ElevatedMicron continues to benefit from intense AI-driven demand, with its high-bandwidth memory (HBM) capacity reportedly pre-sold through at least 2026 and, in some reports, sold out through 2027 under long-term contracts with major cloud providers. The company has begun producing advanced 1α DRAM in Virginia as part of a planned US$100b to US$200b U.S. expansion, targeting 40% of DRAM output domestically and supporting critical sectors such as automotive, defense and industrial. Analysts have sharply raised price targets, with some citing very large projected EPS growth and high gross margin expectations, while also flagging the cyclical risk of a future memory downcycle and valuation concerns after very large stock gains. The key theme running through the news is tight supply meeting heavy AI-related demand. This is giving Micron strong pricing power, long-term contract visibility and support from policymakers focused on domestic chip capacity. At the same time, you need to weigh that optimism against classic memory-cycle risks, including potential future supply normalization, high capital spending commitments and the possibility that sentiment could reverse quickly if DRAM and HBM pricing or data center orders start to soften.
New Risk • May 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Significant insider selling over the past 3 months (US$19m sold).
Price Target Changed • May 19Price target increased by 10% to US$613Up from US$556, the current price target is an average from 41 analysts. New target price is 10% below last closing price of US$682. Stock is up 591% over the past year. The company is forecast to post earnings per share of US$58.76 for next year compared to US$7.65 last year.
Recent Insider Transactions • May 17Independent Director recently sold US$1.6m worth of stockOn the 11th of May, Steven Gomo sold around 2k shares on-market at roughly US$787 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$10m. Insiders have been net sellers, collectively disposing of US$59m more than they bought in the last 12 months.
내러티브 업데이트 • May 15MU: AI Cycle Hype Will Eventually Collide With Memory Supply ExpansionMicron Technology's analyst fair value estimate has shifted higher to $584.62 from $526.48, as analysts factor in a larger AI data center memory opportunity and stronger assumptions around margins and future P/E multiples. Analyst Commentary Street research on Micron has turned increasingly active, with a cluster of higher price targets as analysts adjust models for AI driven memory demand, tighter supply conditions, and potential for higher margins and P/E multiples.
새로운 내러티브 • May 14Micron: AI Memory Supercycle Is Now Showing Up In Revenue, Margins And Cash FlowMicron has moved from being a “possible AI memory beneficiary” to a company where the AI memory supercycle is now visible in revenue, margins and cash flow. The Simply Wall St snapshot frames the trade-off well: MU has exceptional growth potential and a strong balance sheet, but the share price has already moved dramatically.
공시 • May 14Micron Technology, Inc. Samples 256GB DDR5 Server ModuleMicron Technology, Inc. announced it has sampled 256GB DDR5 registered dual in-line memory modules (RDIMM) to key server ecosystem enablers. The module is built on the company’s 1-gamma technology, which is capable of speeds up to 9,200 megatransfers per second (MT/s), greater than 40% faster than modules in volume production. Micron’s module employs advanced packaging techniques, 3D stacking (3DS) multiple memory dies connected by through-silicon vias (TSVs). Combined with Micron’s 1-gamma DRAM, these innovations provide the capacity, speed and power efficiency required to scale next-generation AI systems. A single 256GB module can reduce operating power by more than 40% versus two 128GB modules, enabling greater efficiency for modern AI data centers. Micron is collaborating with key ecosystem enablers to validate the 256GB 1-gamma DDR5 RDIMM across their respective current and next-generation server platforms. This co-validation ensures broad platform compatibility and accelerates the path to production deployment for data center customers building AI and HPC infrastructure at scale. The rapid proliferation of large language models (LLMs), agentic AI, real-time inference and high-core-count CPU workloads is driving an urgent need for greater enterprise server memory capacity, higher bandwidth and improved power efficiency. Micron’s 256GB DDR5 RDIMM addresses these growing requirements head-on, enabling server architects, hyperscale operators and platform partners to maximize memory capacity per socket while operating within the thermal and power boundaries of modern data center infrastructure. Micron’s 1 gamma-based 256GB DDR5 RDIMM is currently sampling to key server ecosystem enablers for platform validation.
Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 38%After last week's 38% share price gain to US$795, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 34x in the Semiconductor industry in the US. Total returns to shareholders of 1,146% over the past three years.
Recent Insider Transactions • May 07Senior VP recently sold US$4.1m worth of stockOn the 1st of May, Michael Ray sold around 8k shares on-market at roughly US$534 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$10m. Insiders have been net sellers, collectively disposing of US$57m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • May 03CEO, President & Chairman notifies of intention to sell stockSanjay Mehrotra intends to sell 40k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of May. If the sale is conducted around the recent share price of US$536, it would amount to US$21m. For the year to August 2019, Sanjay's total compensation was 5% salary and 95% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2025, Sanjay's direct individual holding has increased from 1.05m shares to 1.07m. Company insiders have collectively sold US$140m more than they bought, via options and on-market transactions in the last 12 months.
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$525, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 35x in the Semiconductor industry in the US. Total returns to shareholders of 752% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$276 per share.
내러티브 업데이트 • Apr 27MU: AI Memory Tightness For Data Centers Will Define Next SupercycleAnalysts have lifted their implied fair value estimate for Micron Technology from about $523 to roughly $780, citing higher projected revenue growth, stronger profit margins and a lower assumed future P/E multiple, supported by a wave of recent price target increases and generally constructive research on AI driven memory demand. Analyst Commentary Recent research on Micron points to a generally constructive tone around AI driven memory demand, even as a few firms have turned more cautious or shifted their top picks elsewhere in semiconductors.
Recent Insider Transactions • Apr 15Executive VP of Worldwide Sales recently sold US$1.4m worth of stockOn the 9th of April, Michael Cordano sold around 3k shares on-market at roughly US$421 per share. This transaction amounted to 6.7% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$11m. Insiders have been net sellers, collectively disposing of US$42m more than they bought in the last 12 months.
내러티브 업데이트 • Apr 13MU: AI Memory Tightness Will Support Higher Margins Before New Capacity ArrivesAnalysts have lifted the fair value estimate for Micron Technology to about $526 from roughly $425, citing expectations of slightly lower revenue growth alongside higher profit margins and a modestly lower future P/E. The revision is supported by a broad wave of research that raises price targets on tighter memory supply and stronger pricing for HBM and data center memory.
Recent Insider Transactions Derivative • Apr 13Executive VP & Chief Business Officer notifies of intention to sell stockSumit Sadana intends to sell 24k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of April. If the sale is conducted around the recent share price of US$421, it would amount to US$10m. Since June 2025, Sumit's direct individual holding has increased from 201.33k shares to 248.02k. Company insiders have collectively sold US$127m more than they bought, via options and on-market transactions in the last 12 months.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$422, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 24x in the Semiconductor industry in the US. Total returns to shareholders of 578% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$273 per share.
Buy Or Sell Opportunity • Mar 31Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to US$338. The fair value is estimated to be US$273, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 113%. For the next 3 years, revenue is forecast to grow by 23% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.
내러티브 업데이트 • Mar 30MU: AI Memory Boom Will Eventually Confront Expanding DRAM Supply PlansMicron Technology's updated analyst price target has moved from $214.08 to $305.91 as analysts factor in higher projected profit margins, supportive commentary around tight DRAM and NAND supply, robust AI driven memory demand, and the potential for higher long term earnings power reflected in recent Street research. Analyst Commentary Recent research coverage around Micron shows a wide range of views, even as many firms update their models for tighter DRAM and NAND markets, AI driven demand, and higher assumed earnings power.
분석 기사 • Mar 26We Think That There Are Issues Underlying Micron Technology's (NASDAQ:MU) EarningsDespite announcing strong earnings, Micron Technology, Inc.'s ( NASDAQ:MU ) stock was sluggish. We did some digging and...
Major Estimate Revision • Mar 26Consensus revenue estimates increase by 36%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from US$79.8b to US$108.7b. EPS estimate increased from US$34.26 to US$58.05 per share. Net income forecast to grow 251% next year vs 38% growth forecast for Semiconductor industry in the US. Consensus price target up from US$425 to US$525. Share price fell 17% to US$382 over the past week.
분석 기사 • Mar 24Analysts Just Made A Massive Upgrade To Their Micron Technology, Inc. (NASDAQ:MU) ForecastsMicron Technology, Inc. ( NASDAQ:MU ) shareholders will have a reason to smile today, with the analysts making...
Declared Dividend • Mar 22Second quarter dividend increased to US$0.15Dividend of US$0.15 is 30% higher than last year. Ex-date: 30th March 2026 Payment date: 15th April 2026 Dividend yield will be 0.1%, which is lower than the industry average of 0.8%. Payout Ratios Payout ratio: 2%. Cash payout ratio: 7%.
Reported Earnings • Mar 19Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: US$12.24 (up from US$1.42 in 2Q 2025). Revenue: US$23.9b (up 196% from 2Q 2025). Net income: US$13.8b (up US$12.2b from 2Q 2025). Profit margin: 58% (up from 20% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 22%. Earnings per share (EPS) also surpassed analyst estimates by 36%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Semiconductor industry in the US. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 93% per year, which means it is significantly lagging earnings growth.
공시 • Mar 19+ 1 more updateMicron Technology, Inc. Provides Earning Guidance for the Third Quarter of 2026Micron Technology, Inc. provided earning guidance for the third quarter of 2026. For the quarter, the company expects revenue of $33.5 billion ± $750 million and diluted earnings per share of $18.90 ± $0.40.
내러티브 업데이트 • Mar 18Micron Technology will experience a robust 16.5% revenue growthI am not in the field, just a random office worker. Earnings will beat tomorrow.
내러티브 업데이트 • Mar 16MU: AI Memory Tightness Will Eventually Meet New Capacity And Cooler ReturnsMicron Technology's analyst-derived fair value estimate has shifted from $365.22 to $425.13, reflecting higher Street price targets that are being tied to stronger memory pricing, tighter DRAM and NAND supply, and confidence in high bandwidth and server memory demand over the next few years. Analyst Commentary Bullish and cautious views on Micron are both visible in recent research, giving you a mix of enthusiasm about earnings power and some reminders to watch positioning and expectations.
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$426, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 24x in the Semiconductor industry in the US. Total returns to shareholders of 663% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$208 per share.
새로운 내러티브 • Mar 10Position to be managed in the supercycle of memory but too expensive for long-term holdTarget Entry Point: Under $350 - ride 12 month supercycle (if you have appetite) Micron represents a cycle-aware position in the $200B+ global memory semiconductor market, entering the most profitable period in its 47-year history driven by AI-fueled demand for High Bandwidth Memory (HBM), data center DRAM, and enterprise SSDs. FY2026 is a confirmed supercycle: Q1 delivered $13.64B in record revenue (+57% YoY), Q2 is guided at $18.7B with 68% gross margins, and full-year consensus is ~$76B in revenue with ~$34 EPS. The core thesis — that AI structurally elevates memory from commodity component to strategic infrastructure — is validated by Micron's entire 2026 HBM supply being sold out under finalized contracts.
공시 • Mar 03Micron Technology, Inc. Sets New Benchmark with the World's First High-Capacity 256Gb LPDRAM SOCAMM2 for Data Center InfrastructureMicron Technology, Inc. extended its leadership in low-power server memory by shipping customer samples of the industry’s highest-capacity LPDRAM module — 256GB SOCAMM2. Enabled by the industry's first monolithic 32Gb LPDDR5X design, this milestone represents a transformational step forward for AI data centers, delivering low-power memory capacity that can unlock new system architectures. The convergence of AI training, inference, agentic AI and general-purpose compute are driving more demanding memory requirements and reshaping data center system architectures. Modern AI workloads drive large model parameters, expansive context windows and persistent key value (KV) caches, while core compute continues to scale in data intensity, concurrency and memory footprint. Across these workloads, memory capacity, bandwidth efficiency, latency and power efficiency have become primary system level constraints, directly influencing performance, scalability and total cost of ownership. LPDRAM’s unique combination of these attributes position it as a cornerstone solution for both AI and core compute servers in increasingly power and thermally constrained data center environments. Micron is collaborating with NVIDIA to co-design sophisticated memory for the needs of advanced AI infrastructure. Micron’s 256GB SOCAMM2 delivers higher memory capacity, substantially lower power consumption and faster performance for a variety of AI and general-purpose computing workloads. With one-third more capacity than the prior highest capacity 192GB SOCAMM2, 256GB SOCAMM2 provides 2TB of LPDRAM per 8-channel CPU for larger context windows and complex inference workloads. SOCAMM2 consumes one-third of the power compared with equivalent RDIMMs, while using only one-third of the footprint, improving rack density and reducing the total cost of ownership. In unified memory architectures, 256GB SOCAMM2 improves time to first token by more than 2.3 times for long context, real-time LLM inference when used for KV cache offload compared to currently available solutions. In standalone CPU applications, LPDRAM delivers more than 3 times better performance per watt than mainstream memory modules for high-performance computing workloads. The modular SOCAMM2 design improves serviceability, supports liquid-cooled server architectures and enables future capacity expansion as AI and core compute memory requirements continue to grow. Micron continues to play a leading role in the JEDEC SOCAMM2 specification definition and maintains deep technical collaborations with system designers to drive industry-wide improvements in power efficiency and performance for next-generation data center platforms. Micron is now shipping customer samples of its 256GB SOCAMM2 and offers the industry’s broadest data center LPDRAM portfolio, spanning 8GB to 64GB components and 48GB to 256GB SOCAMM2 modules. One-third of the power consumption calculated based on watts of power used by one 128GB, 128-bit bus width SOCAMM2 module compared to two 64GB, 64-bit bus width DDR5 RDIMMs. One-third footprint calculation compares SOCAMM2 area (14x90mm) versus a standard server RDIMM. Results are based on Micron internal testing of real-time inference with Llama3 70B model (with FP16 quantization) using 500K context length and 16 concurrent users. The projected TTFT latency improvement is based on a latency of 0.12s for 2TB LPDRAM per CPU vs. 0.28s for 1.5TB LPDRAM per CPU. Micron internal testing measuring Pot3D solar physics HPC code performance on identical capacities of LPDDR5X and DDR5.
내러티브 업데이트 • Mar 02MU: AI Memory Demand And Tight Supply Will Reshape Future CycleMicron Technology's analyst price target has been lifted sharply to $523. Analysts point to tightening memory markets, higher memory pricing, and strong AI driven demand for high performance DRAM and HBM products as key reasons for the recalibration.
공시 • Feb 25Micron Technology, Inc. to Report Q2, 2026 Results on Mar 18, 2026Micron Technology, Inc. announced that they will report Q2, 2026 results on Mar 18, 2026
내러티브 업데이트 • Feb 20Micron in Supercycle Mode… With One Big Risk: is Cyclicality Dead?When I wrote the original narrative, the thesis was straightforward: Micron was riding a powerful AI driven memory supercycle, and HBM was the ticket. That thesis hasn’t changed.
새로운 내러티브 • Feb 20Micron (MU): The HBM3E Monopoly & The "Golden Era"The 2026 narrative for Micron has shifted from "cyclical hardware" to a non-substitutable AI bottleneck. As of February 2026, Micron has officially sold out its entire HBM3e and HBM4 inventory for the year, granting the company unprecedented pricing power.
내러티브 업데이트 • Feb 16MU: AI Memory Hype Will Eventually Collide With Rising DRAM CapacityMicron Technology's fair value estimate has been revised higher from $176.14 to $214.08 as analysts factor in stronger assumptions for revenue growth, profit margins and future P/E. This revision is supported by a broad wave of higher Street price targets tied to tight memory supply and rising AI driven demand.
내러티브 업데이트 • Feb 02MU: AI Memory Shortages Will Eventually Draw New Capacity And Pressure ReturnsAnalysts have lifted their fair value estimate for Micron from US$249.31 to US$365.22. They point to higher assumed revenue growth, wider profit margins and a lower future P/E multiple, supported by recent price target increases and generally positive commentary around tight memory supply and AI driven demand.
내러티브 업데이트 • Jan 19MU: AI Memory Supercycle Hype Will Eventually Meet New DRAM CapacityOur fair value estimate for Micron Technology has been adjusted higher to US$176.14 from US$171.83, reflecting analysts' higher price targets and rationale around tight DRAM supply, strong AI driven memory demand, and expectations for improved margins and earnings power. Analyst Commentary Recent research has generally pointed to tight DRAM conditions, AI related memory demand, and constrained high bandwidth memory supply as key themes for Micron.
내러티브 업데이트 • Jan 05MU: AI Memory Supercycle Hype Will Likely Drive Future Multiple CompressionMicron Technology's fair value estimate has been raised from approximately $105.48 to $171.83. Analysts attribute this change to tightening DRAM supply, accelerating high bandwidth memory ramps for AI workloads, and improving margin and earnings visibility despite recent sector volatility.
공시 • Dec 19Micron Technology, Inc. announces Quarterly dividend, payable on January 14, 2026Micron Technology, Inc. announced Quarterly dividend of USD 0.1150 per share payable on January 14, 2026, ex-date on December 29, 2025 and record date on December 29, 2025.
공시 • Dec 18Micron Technology, Inc. Provides Earnings Guidance for the Second Quarter of 2026Micron Technology, Inc. provided earnings guidance for the second quarter of 2026. For the quarter, the company expects revenue of $18.70 billion ± $400 million and Diluted earnings per share of $8.19 ± $0.20.
내러티브 업데이트 • Dec 14MU: AI Memory Supercycle Will Support Earnings While Cycle Risks Limit UpsideAnalysts have raised their fair value estimate for Micron Technology to approximately $249 per share from about $221, citing stronger high bandwidth memory driven revenue growth, improving margins supported by tight DRAM and NAND supply, and a more durable AI focused upcycle, partly offset by expectations for some valuation multiple compression. Analyst Commentary Bullish analysts largely frame Micron as a key beneficiary of an emerging memory supercycle, underpinned by structural demand for high bandwidth memory and DRAM tied to artificial intelligence workloads and data center builds.
공시 • Dec 03Micron Technology, Inc. Announces Exit from Crucial Consumer BusinessMicron Technology, Inc. announced its decision to exit the Crucial consumer business, including the sale of Crucial consumer-branded products at key retailers, e-tailers and distributors worldwide. Micron will continue Crucial consumer product shipments through the consumer channel until the end of fiscal Second Quarter (February 2026). The company will work closely with partners and customers through this transition and will provide continued warranty service and support for Crucial products. Micron will continue to support the sale of Micron-branded enterprise products to commercial channel customers globally. This decision reflects Micron’s commitment to its ongoing portfolio transformation and the resulting alignment of its business to secular, profitable growth vectors in memory and storage. By concentrating on core enterprise and commercial segments, Micron aims to improve long-term business performance and create value for strategic customers as well as stakeholders. Micron intends to reduce impact on team members due to this business decision through redeployment opportunities into existing open positions within the company.
내러티브 업데이트 • Nov 30MU: Earnings Momentum Will Be Sustained As Demand Stays Robust Despite Cycle RisksMicron Technology’s analyst fair value estimate has been raised from $212.92 to $220.50. Analysts point to continued tight memory supply, resilient DRAM and high-bandwidth memory pricing, and strong earnings prospects amid robust demand for AI and data center applications.
Valuation Update With 7 Day Price Move • Nov 20Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$201, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Semiconductor industry in the US. Total returns to shareholders of 247% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$102 per share.
공시 • Nov 20Micron Technology, Inc. to Report Q1, 2026 Results on Dec 17, 2025Micron Technology, Inc. announced that they will report Q1, 2026 results on Dec 17, 2025
내러티브 업데이트 • Nov 15MU: Peak Multiples And Supply Risks Will Limit Gains Amid Industry ShiftsMicron Technology’s average analyst price target has risen from $206.39 to $212.92. Analysts point to sustained momentum in DRAM pricing, margin improvement, and new growth drivers in AI-related memory demand.
공시 • Nov 14Micron Technology, Inc., Annual General Meeting, Jan 15, 2026Micron Technology, Inc., Annual General Meeting, Jan 15, 2026.
분석 기사 • Nov 07Micron Technology, Inc.'s (NASDAQ:MU) 28% Price Boost Is Out Of Tune With RevenuesDespite an already strong run, Micron Technology, Inc. ( NASDAQ:MU ) shares have been powering on, with a gain of 28...
내러티브 업데이트 • Nov 01MU: Future U.S. Production And AI Infrastructure Will Shape Memory Cycle DynamicsMicron Technology's analyst price target has increased from $202.22 to $206.39. Analysts cite stronger DRAM pricing, long-term contract momentum, and the accelerating role of memory products in AI infrastructure as key drivers for the upward revision.
Recent Insider Transactions • Oct 22Corporate VP & Chief Accounting Officer recently sold US$1.8m worth of stockOn the 20th of October, Scott Allen sold around 9k shares on-market at roughly US$210 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$26m more than they bought in the last 12 months.
공시 • Oct 22+ 1 more updateMicron Delivers Industry's Highest Capacity SOCAMM2 for Low-Power DRAM in the AI Data CenterMicron Technology, Inc. announced customer sampling of 192GB SOCAMM2 (small outline compression attached memory modules) to enable broader adoption of low-power memory within AI data centers. SOCAMM2 extends the capabilities of Micron's first-to-market LPDRAM SOCAMM, delivering 50% more capacity in the same compact footprint. The added capacity can significantly reduce time to first token (TTFT) by more than 80% in real-time inference workloads. The 192GB SOCAMM2 uses Micron's most advanced 1-gamma DRAM process technology to deliver greater than 20% improvement in power efficiency, further enabling power design optimization of large data center clusters. These savings become quite significant in full-rack AI installations, which can include more than 40 terabytes of CPU-attached low-power DRAM main memory. The modular design of SOCAMM2 improves serviceability and lays the groundwork for future capacity expansion. Building on a five-year collaboration with NVIDIA, Micron pioneered the use of low-power server memory in the data center. SOCAMM2 delivers LPDDR5X's inherent advantages -- exceptionally low power consumption and high bandwidth -- to the main memory of AI systems. Designed to meet the evolving demands of massive- context AI platforms, SOCAMM2 provides the high data throughput required for AI workloads while delivering new levels of energy efficiency, setting a new standard for AI training and inference systems. This combination of advantages will make SOCAMM2 a key memory solution for AI platforms in the years ahead. Through specialized design features and enhanced testing, Micron SOCAMM2 products transform low-power DRAM, initially designed for mobile phones, into data center-class solutions. Extensive experience in high-quality data center DDR memory helps Micron ensure that SOCAMM2 meets the stringent quality and reliability requirements of data center customers. SOCAMM2 improves power efficiency by more than two-thirds4 compared with equivalent RDIMMs, while packing its performance into a module one-third the size5, optimizing data center footprint and maximizing capacity and bandwidth. SOCAMM's modular design and innovative stacking technology improves serviceability and aids the design of liquid-cooled servers. Micron has been an active participant in the JEDEC SOCAMM2 specification definition and is working closely with industry partners to drive standards that will accelerate low-power adoption in AI data centers to improve power efficiency across the entire industry. SOCAMM2 customer samples are shipping now in capacities up to 192GB per module and speeds up to 9.6 Gbps, with high-volume production aligned to customer launch schedules.
공시 • Oct 21Crucial Debuts Crucial Ddr5 Pro Overclocking (Oc) 6400 Cl32Crucial®?, a brand of Micron Technology, Inc., is deepening its commitment to gamers with the debut of Crucial DDR5 Pro Overclocking (OC) 6400 CL32 Gaming DRAM. Engineered for tech enthusiasts and offered in 32GB kits or 16GB single modules1, this new memory delivers faster speeds, lower latency and a bold new design that looks as good as it performs. This launch cements Crucial's commitment to PC gamers with new 10-nanosecond/CL32-class latency and delivers on feedback related to aesthetics, now with a new elevated heatspreader design. Crucial DDR5 Pro OC 6400 CL32 is designed for those who want to win on both performance and style. It helps players load games faster, react instantly and stay ahead of the competition. It's fast, reliable and looks incredible inside your rig. Delivering meaningful performance gains in memory-sensitive games like Watch Dogs: Legion and Red Deademption, Crucial DDR5 Pro OC6400 CL32 offers average frame rate improvements of up to 25%, for smoother gameplay.2 While performance gains vary by title and hardware configuration, the most significant improvements are typically seen in games and applications that are memory-intensive. With speeds up to 6400MT/s3, this memory delivers up to 37.5% lower latency than JEDEC-standard DDR54, is optimized for next-gen multi-core CPUs and supports stable overclocking with Intel®? XMP 3.0 and AMD EXPO™?5 (requires manual BIOS enablement). It's compatible with Intel®? Core™? Ultra processors (Series 2) and AMD Ryzen™? 9000 Series processors, ensuring seamless integration into modern gaming and creative setups. Key features: Faster than ever: Up to 6400MT/s speed and CL32 latency means quicker reactions and smoother gameplay: More than 14% faster than standard 5600 DRAM. Micron-powered performance: Backed by Micron's trusted memory technology for long-term reliability and energy efficiency. Multitask like a pro: Perfect for gaming, livestreaming, 3D rendering and content creation, making it ideal for custom builds or for anyone who uses data-intensive applications like AI and machine learning. Engineered to win, styled to stand out With a camo-inspired pattern, available in stealth matte black or snowFox white, Crucial's refined heatspreader combines function with standout aesthetics. A diamond-cut Crucial logo and bold "Crucial Pro" spine branding introduce a refined, tactical look. Designed for durability, the new heatspreader delivers reliable cooling performance and a clean, modern finish that complements high-performance builds. Crucial DDR5 ProOC 6400 CL32 GamingDRAM will be available starting October 21, through e-tailers, retailers and channel partners.
내러티브 업데이트 • Oct 18AI And Data Center Demand Will Drive Advanced Memory ExpansionMicron Technology's analyst price target has increased from $187 to $202, as analysts cite stronger revenue growth expectations and higher sustainable DRAM pricing. These factors are driving forecasts above prior consensus levels.
Recent Insider Transactions Derivative • Oct 16CEO, President & Chairman exercised options and sold US$43m worth of stockOn the 15th of October, Sanjay Mehrotra exercised options to acquire 234k shares at no cost and sold these for an average price of US$182 per share. This trade did not impact their existing holding. For the year to August 2019, Sanjay's total compensation was 5% salary and 95% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Sanjay's direct individual holding has decreased from 1.28m shares to 947.65k. Company insiders have collectively sold US$112m more than they bought, via options and on-market transactions in the last 12 months.
Price Target Changed • Oct 15Price target increased by 7.2% to US$201Up from US$187, the current price target is an average from 36 analysts. New target price is 7.2% above last closing price of US$187. Stock is up 79% over the past year. The company is forecast to post earnings per share of US$16.11 for next year compared to US$7.65 last year.
내러티브 업데이트 • Oct 04AI And Data Center Demand Will Drive Advanced Memory ExpansionMicron Technology's analyst price target has climbed significantly from approximately $160 to $187 per share. Analysts cite strong quarterly results, higher profit margins, and optimism around sustained pricing power in the memory market as drivers of the increase.
Recent Insider Transactions • Oct 04Independent Director recently sold US$864k worth of stockOn the 25th of September, Richard Beyer sold around 6k shares on-market at roughly US$156 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$25m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Oct 02CEO, President & Chairman notifies of intention to sell stockSanjay Mehrotra intends to sell 15k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of October. If the sale is conducted around the recent share price of US$181, it would amount to US$2.7m. For the year to August 2019, Sanjay's total compensation was 5% salary and 95% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Sanjay's direct individual holding has decreased from 1.28m shares to 1.00m. Company insiders have collectively sold US$77m more than they bought, via options and on-market transactions in the last 12 months.
Valuation Update With 7 Day Price Move • Oct 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$184, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 22x in the Semiconductor industry in the US. Total returns to shareholders of 242% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$107 per share.
Major Estimate Revision • Sep 30Consensus EPS estimates increase by 29%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from US$49.4b to US$53.0b. EPS estimate increased from US$12.23 to US$15.80 per share. Net income forecast to grow 109% next year vs 23% growth forecast for Semiconductor industry in the US. Consensus price target up from US$160 to US$185. Share price was steady at US$164 over the past week.
내러티브 업데이트 • Sep 29Micron's New Supercycle: Riding the High-Bandwidth Memory WaveRevised the narrative to include updated data on market share, catalysts, and risks. No changes were made to my valuation.
Declared Dividend • Sep 28Fourth quarter dividend of US$0.12 announcedDividend of US$0.12 is the same as last year. Ex-date: 3rd October 2025 Payment date: 21st October 2025 Dividend yield will be 0.3%, which is lower than the industry average of 0.8%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 31%.
Reported Earnings • Sep 24Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$7.65 (up from US$0.70 in FY 2024). Revenue: US$37.4b (up 49% from FY 2024). Net income: US$8.54b (up US$7.76b from FY 2024). Profit margin: 23% (up from 3.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.6%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in the US. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Sep 24+ 1 more updateMicron Technology, Inc. Declares Quarterly Dividend, Payable on October 21, 2025Micron Technology, Inc. Board of Directors declared a quarterly dividend of $0.115 per share, payable in cash on October 21, 2025, to shareholders of record as of the close of business on October 3, 2025.
Price Target Changed • Sep 22Price target increased by 7.3% to US$162Up from US$151, the current price target is an average from 35 analysts. New target price is approximately in line with last closing price of US$163. Stock is up 79% over the past year. The company is forecast to post earnings per share of US$7.39 for next year compared to US$0.70 last year.
내러티브 업데이트 • Sep 19AI And Data Center Demand Will Drive Advanced Memory ExpansionAnalysts have raised Micron Technology’s price target to $159.91, reflecting stronger-than-expected Q3 results, continued AI-driven demand in DRAM and HBM, and improved earnings visibility, outweighing lingering NAND pricing concerns. Analyst Commentary Bullish analysts cite strong ongoing demand and tailwinds from artificial intelligence, data center growth, and hyperscaler adoption, particularly driving up DRAM and High Bandwidth Memory (HBM) sales.
Recent Insider Transactions Derivative • Sep 14CEO, President & Chairman notifies of intention to sell stockSanjay Mehrotra intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 11th of September. If the sale is conducted around the recent share price of US$152, it would amount to US$1.1m. For the year to August 2019, Sanjay's total compensation was 5% salary and 95% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Sanjay's direct individual holding has decreased from 1.28m shares to 1.04m. Company insiders have collectively sold US$76m more than they bought, via options and on-market transactions in the last 12 months.
분석 기사 • Sep 13Optimistic Investors Push Micron Technology, Inc. (NASDAQ:MU) Shares Up 25% But Growth Is LackingDespite an already strong run, Micron Technology, Inc. ( NASDAQ:MU ) shares have been powering on, with a gain of 25...
Recent Insider Transactions Derivative • Sep 11CEO, President & Chairman notifies of intention to sell stockSanjay Mehrotra intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of September. If the sale is conducted around the recent share price of US$141, it would amount to US$1.1m. For the year to August 2019, Sanjay's total compensation was 5% salary and 95% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Sanjay's direct individual holding has decreased from 1.28m shares to 1.04m. Company insiders have collectively sold US$76m more than they bought, via options and on-market transactions in the last 12 months.
Valuation Update With 7 Day Price Move • Sep 10Investor sentiment improves as stock rises 18%After last week's 18% share price gain to US$140, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 22x in the Semiconductor industry in the US. Total returns to shareholders of 168% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$70.90 per share.
내러티브 업데이트 • Sep 04AI And Data Center Demand Will Drive Advanced Memory ExpansionAnalysts remain bullish on Micron due to strong DRAM pricing, a shift toward higher-value HBM products, robust AI-driven demand, and improved guidance, but some caution persists regarding NAND and costs; the consensus analyst price target is unchanged at $150.57. Analyst Commentary Bullish analysts highlight Micron’s significantly better-than-expected Q4 guidance, citing strong DRAM pricing, favorable valuation, and robust long-term growth prospects due to secular AI and data center demand.
공시 • Aug 29Micron Technology, Inc. to Report Q4, 2025 Results on Sep 23, 2025Micron Technology, Inc. announced that they will report Q4, 2025 results on Sep 23, 2025
Valuation Update With 7 Day Price Move • Aug 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to US$128, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 21x in the Semiconductor industry in the US. Total returns to shareholders of 104% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$69.17 per share.
공시 • Aug 12Micron Technology, Inc. Updates Earnings Guidance for the Fourth Quarter of 2025Micron Technology, Inc. updated earnings guidance for the fourth quarter of fiscal 2025, which ends August 28, 2025. For the quarter, the company expects revenue of 11.2 billion ± $100 Million compared to previous guidance of $10.7 Billion ± $300 Million. Diluted earnings per share of $2.64 ± $0.07 compared to previous guidance of $2.29 ± $0.15 per share.
공시 • Jul 29Micron Unveils Portfolio of Industry-First Ssds to Power the Ai RevolutionMicron Technology, Inc. develops innovative memory and storage solutions to address the data needs of the AI-driven data center with superior performance, capacity and energy efficiency. Micron extends its industry leadership in storage with the launch of three new data center SSDs all built with Micron G9 NAND. This expansion of Micron's storage portfolio includes the world's first PCIe Gen6 NVMe SSD, industry-leading capacity for an E3.S SSD and the lowest latency mainstream Gen5 SSD for AI data centers. These new products are highly performant, energy and space efficient, and validated with leading ecosystem partners to streamline qualification and ensure seamless integration, making them the ideal portfolio for the widely divergent needs of AI workloads. The reduction in power consumption and carbon emissions allows data centers to meet sustainability goals while enhancing performance. Record-setting Gen6 performance: Up to 28 GB/s sequential read and 14 GB/s sequential write speeds; Up to 5.5 MIOPS random read and 900 KIOPS random write speeds; FIPS 140-3 Level 2 and Trade Agreement Act (TAA) compliant options help ensure SSDs sold to the U.S. government are manufactured or substantially transformed in the United States or in designated countries; Pioneering ecosystem collaborations, including prior public demonstrations with Astera Labs and Broadcom accelerate adoption through proven interoperability; A liquid-cooled E1.S version is available for the most advanced AI servers. With up to 5.5 million IOPS for random reads, the Micron 9650 is purpose-built for AI pipelines' high-throughput, low-latency demands. This product helps ensure GPUs remain continuously fed with data, minimizing idle cycles and maximizing system efficiency. At the time of announcement, no other Gen6 competitive SSDs are available that can provide the same or better performance as the Micron 9650 Gen6 SSD. The 9650 has two times the sequential read performance of the previous-generation 9550. Additionally, the Micron 6600 ION currently provides the highest-capacity solution available in a rack comparison using Micron E3.S drives: 20 SSDs per 1U x 36 servers (36U) x 122TB equals 88.5PB versus similar competitive U.2 form factor SSDs with 24 SSDs per 2U x 18 servers (36U) x122TB equaling 53PB, leaving 6U for other equipment in each rack. The Micron 7600 SSD has the lowest latency based on competitive testing in Micron labs and has the lowest sub-1ms latency up to QD128 based on RocksDB testing in Micron labs with available drives, per chapter 5.2 The 9650 has improved energy efficiency with two times the sequential read performance the 9550 SSD, Micron's previous-generation drive, with the same 25W maximum power.
공시 • Jul 22Micron Launches Space-Qualified Portfolio to Power Mission-Critical Data for Aerospace InnovationMicron Technology, Inc. announced that it is launching the industry's highest-density, radiation-tolerant single-layer cell (SLC) NAND product. With a die capacity of 256 gigabits (Gb), this product is the first in a portfolio that will include space-qualified NAND, NOR and DRAM solutions. The product is available now and represents the first in its class to be offered by any major memory manufacturer. The space economy is skyrocketing, fueled by rapid growth in commercial and government missions. As computing and AI evolve, demand is rising for high-performance technology capable of processing data directly in orbit. AI-enabled edge computing is transforming space operations: allowing spacecraft to analyze sensor data, detect anomalies and make decisions autonomously, reducing reliance on Earth-based systems and preserving bandwidth. Spaceborne technologies must withstand harsh environmental conditions to deliver successful mission results. These challenges include extreme temperatures, shock and vibration, vacuum pressure, and radiation exposure from solar energetic particles and galactic cosmic rays. With EMIT capturing 100,000 spectra per second, Micron's high-density, radiation-t tolerant memory provides reliable, long-term data storage and processing vital for mission success. Micron's strategy: Expanding aerospace industry support with end-to-end supply chain control paramount for aerospace and government sectors, providing quality, longevity, security, traceability and supply continuity. This advantage is bolstered by recently announced plans to strengthen Micron's U.S.-based manufacturing. These plans include modernizing the company's Manassas, Virginia, facility and expanding its portfolio of NOR, SLC NAND and DDR3, with longevity supply of DDR4 and LPDDR4 for critical applications such as aerospace. Leveraging Micron's decades of experience in customer engineering labs that enable collaboration, the company is extending its capabilities to support the rapidly growing aerospace industry by building specialized regional customer labs and technical support and architecture teams. Micron is also optimizing a manufacturing process for aerospace solutions, enabling quality -- from precision engineering to raw wafer selection to compliance -- and addressing critical challenges faced by space platform developers. Building on its newly launched aerospace portfolio, Micron plans to introduce additional space-qualified memory and storage solutions in the coming year and beyond to address the evolving demands of next-generation space missions.
공시 • Jun 27Micron Technology, Inc. announces Quarterly dividend, payable on July 22, 2025Micron Technology, Inc. announced Quarterly dividend of USD 0.1150 per share payable on July 22, 2025, ex-date on July 07, 2025 and record date on July 07, 2025.
공시 • Jun 26+ 1 more updateMicron Technology, Inc. Elevates PC Performance, Unveils Adaptive Write Technology and G9 QLC NANDMicron Technology, Inc. announced the Micron 2600 NVMe SSD, a value client storage solution designed for OEMs. Built with the industry's first 9th-generation QLC NAND in an SSD, the 2600 SSD features Micron's innovative Adaptive Write Technology (AWT) to deliver exceptional PCIe Gen4 performance with QLC economics. The Micron 2600 SSD achieves up to 63% faster sequential write and 49% faster random write speeds than competing value QLC and TLC SSDs, offering a best-in-class user experience for demanding client users. Optimized QLC NAND performance: Micron AWT improves the write performance of QLC NAND by delivering an industry-first multi-tiered SLC, TLC and QLC dynamic caching architecture to improve sequential write speeds. Improved write performance provides up to four times faster sequential write speeds while continuously writing up to 800GB of data to a 2TB SSD. The cutting-edge six-plane NAND architecture of Micron's 2Tb G9 QLC NAND allows for higher degrees of parallelism and increases read and write commands issued to the NAND simultaneously to improve performance. With speeds up to 3.6 GB/s, the 2600 SSD offers the fastest NAND I/O rate now shipping in a client SSD. Storage matters: Powerful PC storage solutions enable improved application productivity and optimized user experience. The Micron 2600 SSD transforms everyday computing experiences, significantly boosting productivity for commonly used applications. Enhanced performance: The 2600 SSD accelerates data access, along with read and write speeds, leading to quicker boot times, faster application launch time and enhanced system responsiveness. Reduced OS image installation time ensures more efficient manufacturing process and fast commercial PC drive imaging for IT departments. AI PC applications: Storage performance is a key contributor to advancements in AI-driven applications.
공시 • Jun 13Micron HBM Designed into Leading AMD AI PlatformMicron Technology, Inc. announced the integration of its HBM3E 36GB 12-high offering into the upcoming AMD Instinct™ MI350 Series solutions. This collaboration highlights the critical role of power efficiency and performance in training large AI models, delivering high-throughput inference and handling complex HPC workloads such as data processing and computational modeling. Furthermore, it represents another significant milestone in HBM industry leadership for Micron, showcasing its robust execution and the value of its strong customer relationships. Micron HBM3E 36GB 12-high solution brings industry-leading memory technology to AMD Instinct™ MI350 Series GPU platforms, providing outstanding bandwidth and lower power consumption.1 The AMD Instinct MI350 Series GPU platforms, built on AMD advanced CDNA 4 architecture, integrate 288GB of high-bandwidth HBM3E memory capacity, delivering up to 8 TB/s bandwidth for exceptional throughput. This immense memory capacity allows Instinct MI350 series GPUs to efficiently support AI models with up to 520 billion parameters—on a single GPU. In a full platform configuration, Instinct MI350 Series GPUs offers up to 2.3TB of HBM3E memory and achieves peak theoretical performance of up to 161 PFLOPS at FP4 precision, with leadership energy efficiency and scalability for high-density AI workloads. This tightly integrated architecture, combined with Micron’s power-efficient HBM3E, enables exceptional throughput for large language model training, inference and scientific simulation tasks—empowering data centers to scale seamlessly while maximizing compute performance per watt. This joint effort between Micron and AMD has enabled faster time to market for AI solutions.
공시 • Jun 10Micron Technology, Inc. Ships HBM4 to Key Customers to Power Next-Gen AI PlatformsMicron Technology, Inc. announced the shipment of HBM4 36GB 12-high samples to multiple key customers. This milestone extends Micron's leadership in memory performance and power efficiency for AI applications. Built on its well-established 1ss (1-beta) DRAM process, proven 12-high advanced packaging technology and highly capable memory built-in self-test (MBIST) feature, Micron HBM4 provides seamless integration for customers and partners developing next-generation AI platforms. As use of generative AI continues to grow, the ability to effectively manage inference becomes more important. Micron HBM4 features a 2048-bit interface, achieving speeds greater than 2.0 TB/s per memory stack and more than 60% better performance over the previous generation. This expanded interface facilitates rapid communication and a high-throughput design that accelerates the inference performance of large language models and chain-of-thought reasoning systems. Simply put, HBM4 will help AI accelerators respond faster and reason more effectively. Additionally, Micron HBM4 features over 20% better power efficiency compared to Micron's previous-generation HBM3E products, which first established new, unrivaled benchmarks in HBM power efficiency in the industry. This improvement provides maximum throughput with the lowest power consumption to maximize data center efficiency. Generative AI use cases continue to multiply, and this transformative technology is poised to deliver significant benefits to society. HBM4 is a crucial enabler, driving quicker insights and discoveries that will foster innovation in diverse fields such as healthcare, finance and transportation. Intelligence Accelerated: Micron's role in the AI revolution: For nearly five decades, Micron has pushed the boundaries of memory and storage innovation. Today, Micron continues to accelerate AI by delivering a broad portfolio of solutions that turn data into intelligence, fueling breakthroughs from the data center to the edge. With HBM4, Micron reinforces its position as a critical catalyst for AI innovation and a reliable partner for customers' most demanding solutions. Micron plans to ramp HBM4 in calendar year 2026, aligned to the ramp of customers' next-generation AI platforms.
공시 • Jun 03Micron Technology, Inc. Ships 1? (1-Gamma) -Based Lpddr5x, Enabling Rich Mobile Ai ExperiencesMicron Technology, Inc. announced that it is shipping qualification samples of the world's first 1g (1-gamma) node-based low-power double data rate 5X (LPDDR5X) memory, designed to accelerate AI applications on smartphones. Delivering the industry's fastest LPDDR5X speed grade of 10.7 gigabits per second (Gbps), combined with up to a 20% power savings, 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. To meet the industry's increasing demand for compact solutions for next-generation smartphone designs, Micron's engineers have shrink the LPDDR5X package size to offer the industry's thinnest package of 0.61 millimeters, making it 6% thinner compared to competitive offerings, and representing a 14% height reduction from the previous generation. The small form factor unlocks more possibilities for smartphone manufacturers to design ultraathin or foldable smartphones. The company's 1g-based LPDDR5X enables dramatic leap in performance for mobile users by enabling faster AI insights. For example, Micron evaluated mobile AI response times from large language model Llama 2, based on 1g LPDDR5X's 10.7 Gbps bandwidth compared to 1b (1-beta) LPDDR5X's 7.5 Gbps bandwidth, finding: Responses are 30% faster when asking for location-based restaurant recommendations. Results are more than 50% faster when translating a voice inquiry in English to text in Spanish to ask for directions. This milestone builds on Micron's February sampling of 1g-based DDR5 memory for next-generation CPUs in the data center and client segments. Micron's optimized 1g DRAM node leverages CMOS7 advancements like next-generation high-K metal gate technology for improved transistor performance and incorporates EUV lithography for enhanced bit density. As energy-intensive mobile AI workloads are increasingly processed on-device rather than only in the cloud, low-power chips are crucial for devices like smartphones, tablets and laptops, which need to conserve power while performing AI computations. Micron's 1g-based L PDDR5X's significant 20% power savings will allow mobile users to enjoy their favorite AI applications, games and video content longer on a single charge. In addition, as AI intensifies the need for powerful, energy-efficient compute, data center servers, intelligent vehicles and AI PCs may also increasingly adopt LPDDR5X for its unique blend of optimized power efficiency and high performance. Micron is currently sampling 1g-based LPD DR5X 16 gigabyte (GB) products to select partners and will offer a wide range of capacities from 8GB to 32GB for use in 2026 smartphones. Additional Resources. Mobile solutions page: Mobile Memory and Storage for Phones. Product page: LPDDR5X.
공시 • May 22Micron Technology, Inc. to Report Q3, 2025 Results on Jun 25, 2025Micron Technology, Inc. announced that they will report Q3, 2025 results on Jun 25, 2025
공시 • May 20Micron Technology, Inc. Unveils Latest High-Performance SSDs - the Crucial T710PCIe Gen5 NVMe SSD and the Crucial X10 Portable SSDAt Computex 2025, Micron Technology, Inc. expanded its leadership in consumer storage by unveiling its latest high-performance SSDs -- the Crucial T710 PCI Gen5 NVMe SSD and the Crucial X10 Portable SSD. Forged from years of dedicated research and development, these next-gen SSDs redefine performance standards across the board by pushing the limits of speed, capacity and durability -- powering world at full speed. The T710 delivers up to 67% more IOPs per watt than previous-generation Gen5 drives, running faster and cooler and making it ideal for PCs, laptops and workstations. The optional integrated heatsink ensures the T710 stays cool under pressure and capacity options up to 4TB2 means users have the storage space they need for their most demanding projects. The increasing demands of AI applications require robust hardware for optimal performance. With its dramatically increased energy efficiency and decreased latency, the Crucial T710 is perfect for enabling real-time local data processing on AI PCs, with the speed to load a large language model from SSD to memory in under one second. Crucial's latest portable drive, the X10, delivers read speeds of up to 2,100 MB/s,4 twice as fast as its predecessor.5 The X10 is designed for users who need a fast, reliable and durable solution to back up and store their most important photos, games, movies, documents and more. With 4TB, 6TB and 8TB versions available, the Crucial X10 allows users to store massive amounts of data, including up to 500,000 4K photos, 114 games or 2.6 million MP3 files. With its sleek, matte blue design, the X10 is perfect for content creators, gamers, photography hobbyists and mainstream consumers who require high-speed data transfer and ample storage capacity. Its durable design is IP65 dust- and water-resistant and drop-resistant up to 9.8 feet, making it a vault for data -- secure, portable and always ready. The T710 uses Silicon Motion's SM2508 controller, while the X10 uses the SM2322 controller. Availability: The Crucial X10 is now available for purchase through etailers, retailers and global channel partners, while T710 will be available starting in July 2025. Additional Resources: Crucial X10 is available starting in July 2025.
Seeking Alpha • Apr 28Micron: I'm Finally Bullish (Rating Upgrade)Summary Micron Technology is in a favorable price action position, bouncing on a decade-long trend line. Shares are still holding up since the April 7 lows. My bull case is driven by limited tariff exposure, strong pricing power, and promising HBM sales after earnings data came in from SK hynix. That said, I remain concerned about recent insider selling and gross margin pressure from NAND oversupply. Overall, I favor Micron’s current technical setup. The AI narrative is still strong, and I expect the stock to hold the decade-long trendline. Read the full article on Seeking Alpha
Seeking Alpha • Apr 21Micron: A Buy Recommendation Despite Current Market WoesSummary A trade war threatens Micron Technology, Inc.'s revenue growth as 80% of its sales are international. Management's Q3 FY 2025 gross margin guidance was weaker than analysts' forecasts, dampening investor sentiment. Micron has a significant potential upside opportunity in high bandwidth memory, which is necessary for training sophisticated AI algorithms. Its one-year forward PEG ratio implies a high potential upside if the memory chip manufacturing industry's upcycle continues. MU stock remains a buy for risk-tolerant investors. Read the full article on Seeking Alpha
공시 • Apr 19Micron Technology, Inc. Announces Business Unit Reorganization to Capitalize on Ai Growth Across All Market SegmentsMicron Technology, Inc. announced a market segment-based reorganization of its business units to capitalize on the transformative growth driven by AI, from data centers to edge devices. Micron has maintained multiple generations of industry leadership in DRAM and NAND technology and has the strongest competitive positioning in its history. Micron’s industry-leading product portfolio, combined with world-class manufacturing execution enables the development of differentiated solutions for its customers across end markets. As high-performance memory and storage become increasingly vital to drive the growth of AI, this Business Unit reorganization will allow Micron to stay at the forefront of innovation in each market segment through deeper customer engagement to address the dynamic needs of the industry. Micron will begin transitioning to this new business structure immediately. The transition will be complete early in the company’s fiscal fourth quarter, which begins on May 30, 2025. Micron will report financial results under the new business structure starting with the fourth quarter of fiscal year 2025. The four business units will be: Cloud Memory Business Unit (CMBU): Focused on memory solutions for large hyperscale cloud customers, and high-bandwidth memory (HBM) for all data center customers. Raj Narasimhan, Senior Vice President and General Manager, who has led the Compute and Networking Business Unit (CNBU), will lead CMBU. Core Data Center Business Unit (CDBU): Focused on memory solutions for OEM data center customers and storage solutions for all data center customers. Jeremy Werner, Senior Vice President and General Manager, who has led the Storage Business Unit (SBU), will lead CDBU. Mobile and Client Business Unit (MCBU): Focused on memory and storage solutions for mobile and client segments. Mark Montierth, Corporate Vice President and General Manager, who has led the Mobile Business Unit (MBU), will lead MCBU. Automotive and Embedded Business Unit (AEBU): Focused on memory and storage solutions for the automotive, industrial and consumer segments. Kris Baxter, Corporate Vice President and General Manager, who has led the Embedded Business Unit (EBU), will lead AEBU. All four business units will continue to report to Sumit Sadana, Executive Vice President and Chief Business Officer.
New Risk • Apr 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to US$74.34, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 17x in the Semiconductor industry in the US. Total returns to shareholders of 3.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$98.98 per share.
Buy Or Sell Opportunity • Apr 03Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to US$74.34. The fair value is estimated to be US$98.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 27% per annum over the same time period.
Seeking Alpha • Apr 01Micron Stock: Buy Before The SupercycleSummary Micron Technology reported earnings on March 20th. MU stock fell in response to gross margin pressure as NAND pricing faces pressure. DRAM and NAND will likely both see favorable conditions in FY2026, leading to record operating results. Read the full article on Seeking Alpha
Recent Insider Transactions Derivative • Mar 26Executive VP & Chief People Officer notifies of intention to sell stockApril Arnzen intends to sell 15k shares in the next 90 days after lodging an Intent To Sell Form on the 25th of March. If the sale is conducted around the recent share price of US$96.13, it would amount to US$1.4m. Since March 2024, April's direct individual holding has increased from 148.82k shares to 179.54k. Company insiders have collectively sold US$91m more than they bought, via options and on-market transactions in the last 12 months.
