Work Here?
Micron Technology
Work Here?
Develops and manufactures memory and storage solutions
Micron Technology
Work Here?
Develops and manufactures memory and storage solutions
About Micron Technology
Industries
Data & Analytics
Hardware
Company Size
10,001+
Company Stage
IPO
Total Funding
$5.9B
Headquarters
Boise, Idaho
Founded
1978
Overview
Micron Technology provides memory and storage solutions that are crucial for various technological applications. The company specializes in manufacturing products like DRAM, NAND, and NOR Flash, which are used in devices ranging from computers and mobile phones to automotive systems and industrial equipment. These products work by storing and retrieving data, enabling devices to function efficiently. Micron distinguishes itself from competitors through its strong focus on research and development, ensuring its products meet the latest technological demands. The company's goal is to drive advancements in technology while enriching lives globally, all while fostering a culture of inclusion and supporting the growth of its employees.
Simplify's Take
What believers are saying
- 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.
What critics are saying
- 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.
What makes Micron Technology unique
- 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.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$5933.6M
Above
Industry Average
Funded Over
4 Rounds
Company News
Micron Technology's stock rose 2.47% in pre-market trading after securing a $6.1 billion investment for new memory chip facilities in New York and Idaho, expected to create 20,000 jobs by decade's end. An additional $275 million investment is planned for expanding its Virginia facility. This initiative aims to boost the U.S. share of advanced memory manufacturing to 10% over the next decade, amid challenges in securing CHIPS Act grants.
The U.S. Department of Commerce has reached a preliminary agreement with Micron (NASDAQ:MU) to provide up to ~$6.14B in direct funding under the CHIPS and Science Act. This grant will support the construction of two fabs in Clay, New York, and one fab in Boise, Idaho, unleashing approximately $50B in private investment by 2030 as the first step tow...
Silvaco secured a $5M investment from Micron (MU) in the form of a senior subordinated
Point72 Hong Kong Ltd invests $24.24 million in Micron Technology, Inc. (NASDAQ:MU).
Bringing Taiwan to the World and the World to Taiwan
There are no jobs for Micron Technology right now.
Find jobs on Simplify and start your career today
About Micron Technology
Industries
Data & Analytics
Hardware
Company Size
10,001+
Company Stage
IPO
Total Funding
$5.9B
Headquarters
Boise, Idaho
Founded
1978
There are no jobs for Micron Technology right now.
Find jobs on Simplify and start your career today