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Micron Technology Inc. is a technology-sector company in the semiconductor industry, founded by Ward Parkinson, Joe Parkinson, Dennis Wilson, and Doug Pitman.
The company specializes in the development and manufacturing of memory and storage chips, serving multiple sectors such as computing, artificial intelligence, data centers, mobile devices, and automotive systems.
Its portfolio includes DRAM, NAND, NOR Flash, and SSD storage solutions, which are essential for the performance and efficiency of electronic equipment.
With global operations, the company maintains a presence in strategic markets across North America, Asia, Europe, and other technology-focused regions. Its technologies are applied in servers, mobile devices, computers, automobiles, and embedded systems, ensuring high performance and reliability for clients.
Micron’s solutions are used by computer manufacturers, cloud service providers, consumer electronics companies, and the automotive industry, ensuring a robust supply for various technological applications.
The company continuously invests in research and development to enhance its solutions and expand production capacity to meet the growing demand for high-efficiency, high-performance chips.
Micron’s operational structure includes manufacturing facilities, research centers, and commercial offices located in different parts of the world. Its vertically integrated approach enables control over all stages of the production process, ensuring quality, innovation, and efficiency in semiconductor manufacturing.
With 40,000 employees, the company maintains a culture of continuous innovation, focused on technological advancements and adaptation to evolving market needs.
The adoption of new memory architectures and intelligent storage solutions are key factors supporting the company’s sustainable growth.
Micron Technology is traded on the Nasdaq under the ticker MU.
History and when Micron Technology Inc. was created
Micron Technology Inc. was founded in 1978 in the United States by Ward Parkinson, Joe Parkinson, Dennis Wilson, and Doug Pitman, with the goal of developing and manufacturing memory chips for advanced technological applications.
Since its inception, the company has been a key player in the evolution of the semiconductor industry, aligning with the demands of the global market.
In its early years, Micron focused on the development of DRAM memory, consolidating its position within the semiconductor sector.
Amid growing demand for high-performance chips, the company completed its initial public offering (IPO) in 1984 on the Nasdaq, raising capital to expand production capacity and invest in new technologies.
Over the following decades, Micron diversified its portfolio to include NAND Flash memory, SSDs, and advanced storage technologies, becoming one of the leading global suppliers of memory solutions for various industries.
Starting in 2010, the company expanded further through strategic acquisitions, including the purchase of Elpida Memory in 2013, strengthening its presence in the mobile device memory market.
Micron also invested in the development of new chip architectures, such as 3D NAND and HBM (High Bandwidth Memory), designed for high-performance applications including artificial intelligence and cloud computing.
In recent years, between 2020 and 2024, the company faced challenges such as fluctuations in semiconductor demand, supply-chain constraints, and changes in global industry regulations.
Micron remains one of the leaders in the semiconductor market, investing in innovation, sustainability, and global expansion, positioning itself as a reference in the development of memory and storage solutions for the digital era.
Additional Information
The Company Micron Technology Inc. (United States), is listed on Nasdaq with a market cap of $ 264.86 Billions, having an equity of $ 54.17 Billions.
With a total of 40.000 employees, the company is listed in the sector of Technology and categorized in industry of Semiconductors.
In the last 12 months the Company had a revenue of $ 37.38 Billions, which generated a profit in the amount of $ 8.54 Billions.
As for its main indicators, the Company has a P/E ratio of 38.08, a P/BV ratio of 4.89 and in the last 12 months the dividend yield of MU was at 0.19%.
The Company is traded internationally through the ticker MU.
