MICRON TECHNOLOGY Inc (MU)

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About

Micron Technology, Inc. is engaged in semiconductor systems. The Company's portfolio of memory technologies, including dynamic random-access memory (DRAM), negative-AND (NAND) Flash and NOR Flash are the basis for solid-state drives, modules, multi-chip packages and other system solutions. Its business segments include Compute and Networking Business Unit (CNBU), which includes memory products sold into compute, networking, graphics and cloud server markets; Mobile Business Unit (MBU), which includes memory products sold into smartphone, tablet and other mobile-device markets; Storage Business Unit (SBU), which includes memory products sold into enterprise, client, cloud and removable storage markets, and SBU also includes products sold to Intel through its Intel/Micron Flash Technology (IMFT) joint venture, and Embedded Business Unit (EBU), which includes memory products sold into automotive, industrial, connected home and consumer electronics markets.

https://www.micron.com/

Why Buy Micron Technology Shares?

The main reason for buying shares of the company is its reliability and popularity. It was founded in 1978 as a small local enterprise. Micron Technology is currently a large international corporation with more than 40,000 employees. The main vector of its activity is the production of semiconductors used in the production of computer components. It owns several subsidiaries in Singapore and Japan, as well as the well-known sub-brands of consumer components - the brands of RAM for computers Crutial and Ballistix. Now its products are widely used by other manufacturers as "raw materials" for the production of RAM, flash and SSD drives. Since 2006, the corporation has been developing a joint venture with Intel - IMFT, designed to increase the production and distribution of NAND memory. The second vector of its activity is the production of CMOS sensors - matrices for digital cameras.

At the end of 2019, Micron Technology was ranked 4th among the world's largest manufacturers of microelectronic components. In 2021, the company's capitalization exceeded USD 95 bn. In today's market, the demand for semiconductors used not only in PCs, but also in mobile devices is steadily growing, and accordingly, the demand for the services of the corporation is also growing.

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