About Micron Technology
Micron Technology provides memory and storage solutions that are crucial for various technological applications. The company specializes in the development and manufacturing of products like DRAM, NAND, and NOR Flash, which are used in computing, networking, automotive, industrial, and mobile markets. Micron's products work by storing and retrieving data, enabling devices to function efficiently. Unlike many competitors, Micron places a strong emphasis on research and development, allowing it to stay ahead of industry trends and adapt to customer needs. The company's goal is to drive technological advancements and improve lives globally through its memory and storage solutions.
Boise, IdahoHeadquarters
1978Year Founded
$5,933.6MTotal Funding
IPOCompany Stage
Data & Analytics, HardwareIndustries
10,001+Employees
Risks
Geopolitical tensions with China may impact Micron's supply chain and market access.
Heavy reliance on CHIPS Act funding poses risks if government policies change.
Investment in new facilities could strain financial resources if returns aren't realized.
Differentiation
Micron is a leader in DRAM, NAND, and NOR Flash memory solutions.
The company invests heavily in R&D to stay ahead of technological trends.
Micron's global market presence supports diverse applications from automotive to mobile.
Upsides
Micron secured a $6.1B investment for new memory chip facilities in the U.S.
Growing demand for DDR5 DRAM boosts Micron's sales in data centers and gaming.
The shift to electric vehicles increases demand for Micron's automotive memory solutions.
Funding
Total raised$5.93 B
StageIPO
GRANT
3/31/2024$6.1 K
POST IPO DEBT
4/30/2021$3.7 K
POST IPO EQUITY
8/31/2013$16
IPO
5/31/1984$1