Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general, and administrative

Research and development

Restructure and asset impairments

Other operating expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Micron Technology

Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute & Networking Business Unit (CNBU), Mobile Business Unit (MBU), Storage Business Unit (SBU), and Embedded Business Unit (EBU). The CNBU segment includes memory products sold into cloud server, enterprise, client, graphics, and networking markets. The MBU segment offers memory products sold into smartphone and other mobile-device markets. The SBU segment consists of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets, and other discrete storage products sold in component and wafer forms. The EBU segment consists of memory and storage products sold into automotive, industrial, and consumer markets. The company was founded by Ward D. Parkinson, Joseph Leon Parkinson, Dennis Wilson, and Doug Pitman on October 5, 1978, and is headquartered in Boise, ID.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Micron exceeds Q3 expectations amidst China uncertainty and inventory challenges

Micron's fiscal Q3 performance was strong, with revenue, gross margin, and EPS exceeding expectations. The company faces challenges due to the uncertain impact of the CAC decision in China and inventory write-downs. However, Micron's focus on technology leadership, investments in high-bandwidth memory products, and strategies to mitigate share loss present opportunities for future growth.

Micron tackles pricing challenges, eyes growth in data center

Micron navigated Q2 challenges with supply reduction measures and cost controls, aiming for normalized growth and profitability.
Despite facing pricing pressures, the company remains a leader in DRAM and NAND technology, with strong customer relationships and growth opportunities.
Anticipating recovery in industry profitability and free cash flow in fiscal 2024, bolstered liquidity and confident in supply actions for NAND business.
Transition to DDR5 technology and market opportunities in data center present growth potential, with a focus on improving margins through FY '24.

Micron Technology manages challenges, leverages innovation for growth

Micron Technology navigates challenges from the CAC ruling and cash flow dynamics while focusing on innovation, partnerships, and operational efficiencies.
The company faces inventory and margin challenges in the short term but aims to capitalize on growth opportunities in low-power memory products and high-capacity modules.
Despite industry TAM reductions, Micron's strategic positioning and supply management efforts position it well to address market demands and drive revenue growth.
Overall, Micron's performance reflects a balance of challenges, strengths, and opportunities in the evolving semiconductor market landscape.

Micron Technology navigates underutilization challenges, eyes positive gross margin

Micron Technology faces challenges with underutilization charges impacting earnings but is strategically investing in high-value segments and newer technologies to drive growth. The company expects positive gross margin in the second half of fiscal '24 and anticipates demand to return as customer inventories normalize.

Micron Technology anticipates pricing improvements for 2024 amidst challenges

Micron Technology's Q1 2024 earnings call showcased a focus on cost efficiencies, pricing improvements, and gross margin expansion, despite industry-wide challenges and inventory normalization delays.

Micron Technology reports solid Q2 performance amidst market challenges

Micron Technology's Q2 2024 performance reflects a focus on maintaining market share, disciplined investments, and meeting customer demands amidst challenges and opportunities.
The company's strengths in strong HBM demand, customer engagements, and strategic CapEx decisions position it for growth and margin profile improvements.
While facing challenges such as capacity constraints and cost structure improvements, Micron is leveraging opportunities in HBM demand, investments in NAND, and margin expansion strategies.

Micron Q3 2024: Strong HBM Focus, CapEx Expansion

Micron Technology's Q3 2024 earnings call highlighted a strategic focus on HBM market share growth and a significant CapEx ramp-up for technology transitions. The company is managing its inventory levels to match market demand, particularly in high-value sectors, and is seeing improvements in NAND profitability. Challenges remain with new U.S. projects and rising operating expenses, but opportunities in AI-driven demand and customer engagements present avenues for growth.

Micron Technology forecasts growth in AI servers and improved inventory management for fiscal '25

Micron Technology projects growth in AI servers and improved inventory management in fiscal '25. The company is strategically focusing on high-profit segments and technological advancements in DRAM bit shipments. Challenges include managing risks during margin expansion and transitioning DDR4 shipments to DDR5 and LP5.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). The CNBU segment includes memory products and solutions sold into client, cloud server, enterprise, graphics, and networking markets. The MBU segment is involved in memory and storage products sold into smartphone and other mobile-device markets. The EBU segment focuses on memory and storage products sold into automotive, industrial, and consumer Markets. The SBU segment consists of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets. The company was founded by Ward D. Parkinson, Joseph Leon Parkinson, Dennis Wilson, and Doug Pitman on October 5, 1978 and is headquartered in Boise, ID.

Micron is set to receive up to $6.1 billion in grants from the US government to help build its semiconductor plants in New York and Idaho, the White House said Thursday.

US to give Micron $6.1 bn for American chip factories

Advanced Micro Devices

Amazon

Broadcom

Alphabet

Microsoft

NVIDIA

Investors continue adjusting to the notion that interest rates may not come down as much as expected in 2024. That mindset shift is manifesting as something of a panic in the markets.

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Grants support Micron's plans to invest approximately $50 billion in gross capex through 2030 Memory fabs in Idaho and New York to strengthen U.S. economic and national security, expected to create approximately 75,000 direct and indirect jobs across the U.S. semiconductor supply chain BOISE, Idaho, April 25, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), one of the world's largest semiconductor companies and the only U.S.-based manufacturer of memory, and the Biden-Harris Administration today announced that they have signed a non-binding Preliminary Memorandum of Terms (PMT) for $6.1 billion in funding under the CHIPS and Science Act to support planned leading-edge memory manufacturing in Idaho and New York. The CHIPS and Science Act grants of $6.1 billion will support Micron's plans to invest approximately $50 billion in gross capex for U.S. domestic leading-edge memory manufacturing through 2030.

Micron, Biden-Harris Administration, U.S. Senate Majority Leader Schumer Announce $6.1B in CHIPS and Science Act Funding for Historic Planned Investment in Domestic Leading-Edge Memory Manufacturing in Idaho and New York

Micron Technology received a $6.14 billion CHIPS Act grant on Thursday, but unlike recent grant recipients Intel Intel , TSMC, and Samsung, it is in a commodity business. Like many other commodity businesses, production of memory chips largely moved to Asia decades ago.

Micron's $6.14 Billion CHIPS Grant Will Support A Commodity Product

Micron Technology, Inc. is set to benefit from a U.S. government grant, which will boost its competitive stance in high-margin, high-demand areas such as AI applications. The company's recent developments in AI DRAM utilization and partnerships with Nvidia for HBM3e memory for AI GPUs are expected to drive sustained growth and profitability. Micron's commitment to building chip plants in New York and Idaho, supported by government incentives, will strengthen the U.S. semiconductor supply chain and position the company for long-term success.

Micron: CHIP Grants Are Rocket Fuel (Rating Upgrade)

ARM Holdings PLC

BigBear.ai Holdings

Super Micro Computer

C3.ai

The adoption of AI continues, but AI stocks have been volatile. Nvidia announced a key strategic partnership that could boost its fortunes and benefit several of its collaborators.

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Citigroup still rates the stock a buy with a $150 price target. AI servers need a lot of memory to function, and that's a tailwind for Micron's business.

Micron Technology Stock Has 37% Upside, According to 1 Wall Street Analyst

Astera Labs Inc

Semiconductor and computer hardware stocks tied to the artificial intelligence boom attempted to rebound on Monday after Friday's ugly sell-off.

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Arista Networks

Becton, Dickinson and Co.

Equinix

We have narrowed our search to five U.S. bigwigs (market capital > $70 billion) with attractive valuations. These are: NVDA, MU, BDX, ANET, EQIX.

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Taiwan Semiconductor Manufacturing

Cracks are starting to form in the tech trade. After leading the market higher over the last 18 months, technology stocks are starting to waver.

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Texas Instruments

One top name in the industry warned that a particular segment wouldn't see much growth. An up-and-coming manufacturer also caused disquiet with an apparent change in releasing quarterly results.

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Micron (MU) reported earnings 30 days ago. What's next for the stock?

Micron (MU) Up 1.9% Since Last Earnings Report: Can It Continue?

Micron Technology beat analysts' revenue and earnings expectations the last time it reported earnings. The company is a beneficiary of the proliferation of Artificial Intelligence, which should drive multi-year growth. Its opportunities in the data center, PC, and smartphone markets position it for potential outperformance in the coming years.

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Palantir Technologies

Tech stocks are on track to finish the week as they started it—badly.

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Axcelis Technologies

Nvidia has captured investors' attention with its soaring stock price and advanced AI chips. The AI industry is rapidly evolving, creating exciting opportunities for other chip companies, too.

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Oracle

Favorable developments in the memory market could help Micron Technology deliver stronger revenue and earnings growth. Oracle can tap a multibillion-dollar opportunity in the AI cloud space.

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The grant to the memory chipmaker is the latest federal award aimed at boosting U.S. chip manufacturing.

Micron Will Receive $6.1 Billion to Build Semiconductor Plants

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Joe Biden's administration reached an agreement to dole out a staggering $6.1 billion in government support for semiconductor manufacturer Micron Technology to produce advanced computer memory chips in New York and Idaho.

Biden admin gives $6.1B to Micron Technology to help boost chip factories in New York

Micron (MU) is reportedly to receive more than $6 million in chip grants under the 2022 Chips and Science Act for establishing factories in the United States.

Micron (MU) May Get More Than $6B to Set Up Factories in the US

Micron Technology is profiting from the accelerating adoption of artificial intelligence (AI). The company's memory and storage chips are seeing strong demand and big-name customers.

Is Micron Technology Stock Still a Buy Near Its All-Time High?

Cisco Systems

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Micron Technology Inc is set to get more than $6 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects, Bloomberg News reported on Wednesday.

Micron set to get $6 billion in chip grants from US, Bloomberg reports

ASML Hld

The first quarter of 2024 was pretty much a continuation of what investors saw in 2023. The tech-laden Nasdaq 100 index that gained 51% last year was up almost 10% over the first three months of the new year.

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Nano-X Imaging

While investors' eyes remain glued on the big names in artificial intelligence, endless other companies are integrating AI technology more quietly. Not every company actively chooses to rebrand as an AI specialist, even while benefiting from its popularity.

News for Micron Technology Stock (MU)