MU - Micron Technology, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
40.45
-0.85 (-2.06%)
At close: 4:00PM EDT
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Previous close41.30
Open41.67
Bid40.43 x 1200
Ask40.50 x 800
Day's range40.27 - 41.99
52-week range37.52 - 64.66
Volume28,287,012
Avg. volume36,013,925
Market cap45.881B
Beta (3Y Monthly)0.92
PE ratio (TTM)3.51
EPS (TTM)11.51
Earnings date17 Dec 2018 - 21 Dec 2018
Forward dividend & yieldN/A (N/A)
Ex-dividend date1996-05-07
1y target est67.87
Trade prices are not sourced from all markets
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  • Reuters2 days ago

    Micron to buy Intel's stake in joint venture IM Flash Technologies

    The deal terms include payment of about $1.5 billion in cash, as well as taking over Intel's debt to the venture, which was about $1 billion as of Aug. 30, Micron said. Intel and Micron initially contributed about $1.2 billion each to set up IM Flash Technologies in 2006. IM Flash (Intel-Micron Flash) makes 3D XPoint used in data centres and high-end computers and the joint venture is already consolidated in Micron's reported financial statements.

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    The US tariffs on Chinese goods would impact US companies that manufacture or import goods from China (FXI), including Micron Technology (MU). Micron Technology is the world’s third-largest memory chip maker and competes with South Korean rivals Samsung (SSNLF) and SK Hynix in terms of price and technology. As Samsung and Sk Hynix have a cost advantage over Micron in the DRAM (dynamic random-access memory) market, they can offer DRAM at a lower price than Micron and still remain profitable. The second round of 10% tariffs on $200 billion of Chinese imports includes SSDs (solid-state drives) and printed circuit board assemblies that integrate DRAM (dynamic random-access memory) modules to electronics devices.

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