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.

Micron Technology, Inc
NASDAQ:MU
$132.59
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

NameMicron Technology, Inc
TickerMU
ExchangeNASDAQ
SectorTechnology
IndustrySemiconductors
CurrencyUSD
CountryUSA
Fiscal Year EndAugust
Full Time Employees40,000

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 Target108.90
Market Cap100,478,935,040
PE Ratio-94.76
PEG Ratio0.87
EBITDA9,249,000,448

Valuation

Trailing PE33.88
Forward PE19.53
Price/Sales (Trailing 12 Mt.)4.58
Price/Book (Most Recent Quarter)2.50

Technicals

Beta1.26
52 Week High95.75
52 Week Low35.69
50 Day Average86.27
200 Day Average67.29

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
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