Amazon's Betting Big on This Unknown AI Company
Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.
Open | 129.91 | Prev Close | 132.59 |
High | 132.71 | Low | 129.42 |
Volume | 24,748,994 | Volume (Avg) | 22,484,810 |
52 Week High | 95.75 | 52 Week Low | 35.69 |
Market Cap | 100.5B | PE Ratio | -94.76 |
General
Name | Micron Technology, Inc |
Ticker | MU |
Exchange | NASDAQ |
Sector | Technology |
Industry | Semiconductors |
Currency | USD |
Country | USA |
Fiscal Year End | August |
Full Time Employees | 40,000 |
About Micron Technology, Inc
Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It offers memory and storage technologies, including DRAM, NAND, NOR, and 3D XPoint memory under the Micron and Crucial brands, as well as through private labels. The company provides memory products for the cloud server, enterprise, client, graphics, and networking markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; other discrete storage products in component and wafer forms for the removable storage markets, as well as 3D XPoint memory products; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
Highlights
Analyst Target | 108.90 |
Market Cap | 100,478,935,040 |
PE Ratio | -94.76 |
PEG Ratio | 0.87 |
EBITDA | 9,249,000,448 |
Valuation
Trailing PE | 33.88 |
Forward PE | 19.53 |
Price/Sales (Trailing 12 Mt.) | 4.58 |
Price/Book (Most Recent Quarter) | 2.50 |
Technicals
Beta | 1.26 |
52 Week High | 95.75 |
52 Week Low | 35.69 |
50 Day Average | 86.27 |
200 Day Average | 67.29 |
Dividend
Micron Technology, Inc pays out a dividend of $ per share, with a dividend yield of 0.35%.
MU's last dividend payment was made to shareholders on November 30, -0001.
They pay out 0.00% of their earnings out as a dividend.
Recent Dividends
Apr 16, 2024 | $0.12 |
Jan 18, 2024 | $0.12 |
Oct 25, 2023 | $0.12 |
Jul 25, 2023 | $0.12 |
Apr 25, 2023 | $0.12 |
Jan 19, 2023 | $0.12 |
Oct 26, 2022 | $0.12 |
Jul 26, 2022 | $0.12 |
What's Going On With Annovis Shares Today?
Annovis Bio shares rise in premarket trading on positive Phase III Parkinson's study results for buntanetap, showing cognitive improvements and stability compared to placebo.
Battle Over Beds: FTC Sues To Block Tempur Sealy's $4B Bid for Mattress Firm, Citing Competition Concerns
Tempur Sealy faces a major setback as the Federal Trade Commission (FTC) voted unanimously to block its $4 billion acquisition of Mattress Firm Group Inc. The merger, combining the largest mattress manufacturer with the top retailer, raises significant competition concerns, potentially leading to higher prices and job losses.
Wall St. Legend: Millions of Americans About to Fall Out of the 1% - Ad
Wall Street insider reveals the financial tidal wave about to knock millions of Americans out of the One Percent. Predicts it will be far worse for everyone else. Warns EVERYONE to seek higher ground now!
Elon Musk Thinks Cybertruck Wrap Resembling Marvel Superhero Deadpool 'Looks Cool'
Tesla CEO Elon Musk on Wednesday appreciated a red wrap on his EV company's stainless steel Cybertruck as "cool."
What's Going On With Alibaba Stock On Wednesday?
Alibaba (BABA) leads Hong Kong tech rally, with 7-week high on $5.8B share buy-backs. Sentiment stabilizes despite slow services growth. OceanBase spin-off & new investor. Ant Group IPO plans delayed. BABA up 0.52% to $74.06 premarket.
Wall Street Legend on Economy: "If you knew what I know, you'd be terrified too." - Ad
Something huge is headed to America's shores -- and it scares the hell out of Wall St. legend Louis Navellier. When it makes landfall, its impact will be more violent and more severe than any financial crisis we've ever seen... "No matter how prepared you think you are, you aren't prepared enough," he warns.
Green Dreams vs. AI Reality: Google's Emissions Soar Amid Tech Expansion
Alphabet Iowned Google saw a nearly 50% surge in emissions over the past five years due to AI integration, challenging its 2030 carbon elimination goal. Google's 2023 emissions reached 14.3 million metric tons of CO2 equivalent, 48% higher than in 2019.
Elon Musk Says 'Lying On This Platform Doesn't Work Anymore' After Biden VP Kamala Harris Gets Community Noted On X After Posting About Trump
Elon Musk challenged Vice President Kamala Harris's claim about former President Trump's stance on a national abortion ban after her post on X was flagged by the Community Notes feature, asserting that Trump's position has been misrepresented.
Weekend Trading: Your Path to Financial Freedom With Tim Sykes - Ad
Trade when others rest and seize weekend opportunities with Tim Sykes' strategy. Beat market volatility and supercharge your portfolio. Join him today for just $7!
Trump Media & Technology And Grindr Were Among The 10 Biggest Mid-Cap Stock Gainers Last Week (June 23 - June 29): Are These In Your Portfolio?
Top performers last week: Tempus AI +30%, Enovix Corp +29%, Grindr Inc +27.5%, Trump Media +18.33%, Credo Tech +18.3%, Tecnoglass Inc +17.9%, STAAR Surgical +16.55%, RXO Inc +16.22%, Global-E Online +16.21%, SentinelOne Inc +15.47%.
US Stocks Set For A Lower Start As Sentiment Sours Ahead Of Powell's Speech, JOLTS Data, And Tesla Q2 Data: 'There's Still An Upward Tilt To The Equity Market,' Says Analyst
Wall Street is priming for a moderately lower opening on Tuesday after soft data helped the tech-heavy Nasdaq Composite close at another record high in the first trading session of the year’s second half.
America's 'Silent Invasion' - Is Your Town in the Crosshairs? - Ad
A silent invasion is happening all over America. It has nothing to do with the border but will end with even more disastrous results. Why? A faceless entity is coming by air, rail, port, and highway. What does it mean for you and your money? There's still time to prepare, but you must act today.
Bill Gates Hired Steve Ballmer As The First Business Manager At Microsoft And Now Is Behind Him On The Billionaire's Index, Thanks To AI
Steve Ballmer has surpassed Bill Gates to become the wealthiest former CEO of Microsoft Corp, riding on the back of the company's AI-driven stock rally.
Donald Trump Hush Money Trial Sentencing Delayed To September 18: The Supreme Court Immunity Impact Takes Early Stage
Sentencing for Donald Trump's hush money case has been delayed after the Supreme Court granted the former president partial immunity.
AI Alert: Wealth Window Update - Ad
I'm James Altucher, AI expert at Paradigm Press. On June 25, tech giants like Nvidia, Dell, and Alibaba could reveal "AI 2.0." This limited wealth-building window could turn $10k into $1 million with strategies I've perfected over 40 years. Act fast before everyone catches on!
Federal Court Dismisses Marijuana Companies' Lawsuit Against Government Prohibition
Federal court dismisses marijuana companies' lawsuit against federal prohibition, citing Supreme Court precedent.
UFP Technologies Makes A Healthy Move With AJR Buyout
UFP Technologies acquires AJR Enterprises for $110 million, expanding their capabilities and positioning them for growth in the safe patient handling market.
"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad
The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."
These Are The Top Democratic Contenders Who Could Succeed Biden If President Were To Bow Out Of
In the wake of a debate performance that drew widespread criticism, speculation has been reignited about whether President Joe Biden should bow out before the November election.
Apple Eyes New Growth With Extended Smartphone Replacement Cycle and Strategic Pricing: Analyst
Apple Inc (AAPL) shares up as Needham analyst maintains Buy rating and $220 price target. Channel checks suggest longer smartphone replacement cycle.
The No. 1 AI Stock Right Now? [Not NVDA, TSLA, MSFT] - Ad
A famous trader says they're a distraction. Instead, he's doing this.
Is The 'Bitcoin Trump Pump' Sustainable? Here's What 10x Research Thinks
A new report by 10x Research explores the recent Bitcoin (CRYPTO: BTC) price surge and its potential connection to former President Donald Trump‘s
Biden Administration Proposes New Rule To Protect 36M Workers From Heat-Related Injuries
The Biden administration has introduced a new rule to address excessive heat in the workplace, aiming to protect millions of workers from heat-related illnesses.
Collect 10%+ Dividends From AI's Explosive Growth? - Ad
This one-of-a-kind fund is set to pay out a tsunami of profits to shareholders... Giving you the chance to collect 10%+ dividend yields, year after year! In his brand-new "AI Income Playbook," Marc Lichtenfeld gives you the full scoop on this breakthrough fund... Including its name, ticker symbol, and profit potential.
Trump Reportedly Makes Decision On VP Pick, Says Running Mate Will Be At Debate
Former President Donald Trump has made a decision on his vice presidential nominee for the forthcoming election.
Report says unsecured tanker hatch spilled out gas in crash that destroyed I-95 bridge in Philly
HARRISBURG, Pa. (AP) — Gasoline spilled out from an unsecured hatch on the top of the gasoline delivery tanker that overturned and ignited beneath an Interstate 95 bridge in Philadelphia a year ago, according to new details from federal investigators.
Nvidia Is Now Part of $3 Trillion Market Cap Club - Ad
Nvidia has become the third company ever to have a market cap greater than $3 trillion. And now, Nvidia is pivoting to the next AI frontier it plans to conquer. This recent move is valued at $1 trillion... at least. A small handful of Nvidia's other partners could see their own stocks benefit from it.
Elon Musk Reacts To Footballer Isaiah Simmons' White Tesla Cybertruck Parked Up In Manhattan: 'Nice'
Tesla CEO Elon Musk thinks matte white is a good look on his EV company's stainless steel Cybertruck.
Tommy Tuberville Sells Several Large Stock Positions, Makes New Buys: Here's What The US Senator Is Betting On Now
Senator Tommy Tuberville disclosed numerous stock trades on Friday June 14. A look at some of the key highlights.
Weekend Trading: The Key to Conquer Volatility with Tim Sykes! - Ad
Discover the power of weekend trading with Tim Sykes' strategy. Turn market turbulence into your advantage. Trade with us and win in any market condition.
XPeng's Flying Car Takes Off In China, Aims For Commercialization By End Of The Year
China's XPeng Inc. successfully showed off its flying car, the X2, at a trade fair, signaling a push towards commercialization in the low-altitude economy.
Top 3 Materials Stocks That May Explode In Q2
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
AI Giant To Close the AI "Wealth Window' June 25? - Ad
On June 25, AI Giants will reveal "AI 2.0" to major tech executives, marking a pivotal moment in investing. This next-gen AI promises to transform lives and create a $15.7 trillion global market by 2030. This brief opportunity exists for early investors to capitalize on small breakthrough companies before this wealth window closes.
Workers sue Disney claiming they were fraudulently induced to move to Florida from California
ORLANDO, Fla. (AP) — Disney workers are suing their employer, claiming they were fraudulently induced to to work in a new office campus only to have those plans later scrapped amid a fight between the entertainment giant and Florida Gov. Ron DeSantis.
Hawaii: Cannabis Decriminalization Bill Fails Amid Unified Legislative Opposition
The cannabis decriminalization bill, SB2487, faced rejection from both supporters and detractors in Hawaii's state legislature
Elon Musk's Crazy New Experiment...REVEALED - Ad
On January 28th of 2024... Elon Musk launched a crazy AI experiment involving a real human in California. Elon already invested $100 million of his own money into this AI project... Because he knows the profits here could be ridiculous.
What's Going On With Workhorse Group Stock Monday?
Workhorse announced that its 750 medium duty electric vehicle will be showcased at the 14th Annual Clean Energy Roadshow and an uplift program through Surefitters
Stocks Show Modest Gains Ahead Of Fed's Inflation Report; Chipmakers Struggle, While Gold And Bitcoin Rebound: What's Driving Markets Thursday?
Wall Street experienced a subdued trading day on Thursday, as traders likely chose to remain on the sidelines in anticipation of Friday’s release of the Federal Reserve’s preferred inflation gauge.
What President Biden's New Law Means for Investors - Ad
President Biden just signed a new law approving billions of dollars for one small but growing industry, and investors like Bill Gates and Peter Thiel are all over it. This expert just went public with all the details, including which stocks to jump on immediately.
Akio Toyoda, grandson of Toyota founder, wins shareholders' approval to stay in leadership
TOKYO (AP) — Toyota shareholders voted Tuesday , grandson of the Japanese automaker’s founder, as chairman on the board.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.