Last $33.42 USD
Change Today -0.46 / -1.36%
Volume 19.7M
MU On Other Exchanges
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As of 8:10 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

micron technology inc (MU) Snapshot

Open
$33.69
Previous Close
$33.88
Day High
$33.82
Day Low
$33.23
52 Week High
07/16/14 - $34.85
52 Week Low
07/30/13 - $12.31
Market Cap
35.8B
Average Volume 10 Days
23.7M
EPS TTM
$4.63
Shares Outstanding
1.1B
EX-Date
06/1/96
P/E TM
7.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for MICRON TECHNOLOGY INC (MU)

micron technology inc (MU) Details

Micron Technology, Inc., together with its subsidiaries, manufactures and markets semiconductor solutions worldwide. It offers dynamic random access memory (DRAM) products for data storage and retrieval, including DDR4, DDR3, and DDR2 that offer high speed and high bandwidth; and other specialty DRAM memory products, such as DDR and DDR2 mobile low power DRAM, DDR, SDRAM, reduced latency DRAM, and pseudo-static DRAM products that are used in computers, servers, tablets, mobile phones, communication equipment, computer peripherals, industrial, automotive, and other electronic devices. The company also provides NAND flash memory products, such as flash memory cards comprising CompactFlash, Memory Stick, and Secure Digital; and JumpDrive products that are used in mobile phones, solid-state drives, tablets, computers, industrial and automotive applications, MP3/4 players, and other personal and consumer applications. In addition, it resells flash memory products that are purchased from other NAND flash suppliers. Further, Micron Technology, Inc. provides NOR flash memory products that are electrically re-writeable, non-volatile semiconductor memory devices used in consumer electronics, industrial, wired and wireless communications, computing, and automotive applications. The company markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors, as well as through a Web-based customer direct sales channel, and channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.

30,900 Employees
Last Reported Date: 10/28/13
Founded in 1978

micron technology inc (MU) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $900.0K
President
Total Annual Compensation: $600.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $490.0K
Vice President of DRAM Solutions
Total Annual Compensation: $484.0K
Vice President of Mobile Business Unit
Total Annual Compensation: $384.8K
Compensation as of Fiscal Year 2013.

micron technology inc (MU) Key Developments

Micron Technology, Inc. Appoints Stephen Pawlowski as Vice President of Advanced Computing Solutions

Micron Technology Inc. announced that Stephen Pawlowski has been named as vice president of Advanced Computing Solutions. Pawlowski will be responsible for helping Micron's Computer and Networking business unit further define and develop value-added memory solutions across enterprise and high-performance computing markets. Pawlowski joins Micron following a 31-year career at Intel Corporation where he most recently served as senior fellow. During his career at Intel, Pawlowski also served as chief technology officer of the Data Center and Connected Systems Group and general manager of the Architecture and Pathfinding Group.

Micron Technology Inc. Prices $1.15 Billion Offering of 5.50% Senior Notes

Micron Technology Inc. announced the pricing of an offering of $1.15 billion aggregate principal amount of its 5.50% senior notes due 2025. The Notes are being offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act. The sale of the Notes is expected to close on July 28, 2014, subject to the satisfaction of customary closing conditions. Interest on the Notes will accrue at a rate of 5.50% per year, and will be payable in cash semi-annually in arrears, beginning on February 1, 2015. The Notes will mature on February 1, 2025, unless earlier repurchased or redeemed. Holders may require Micron to repurchase their Notes upon the occurrence of certain change of control events at a repurchase price equal to 101% of the principal amount thereof plus accrued and unpaid interest, if any.

Micron Technology Inc. to $750 Million Offering of Senior Notes

Micron Technology Inc. announced that it intends to offer, subject to market and other considerations, $750 million aggregate principal amount of senior notes due 2025 through an offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act. The interest rate, redemption provisions and other terms of the Notes will be determined by negotiations between Micron and the initial purchasers. Micron intends to use a portion of the net proceeds from the offering to extinguish its obligations with respect to its 1.875% convertible senior notes due 2031, which may include payments in settlement of conversions of or to repurchase or redeem such notes. Micron expects to use the balance of the net proceeds for retirement of other convertible notes and debt and other general corporate purposes. Earlier, Micron gave notice to holders of the 2031B Notes that their notes will be redeemed on August 22, 2014, except to the extent such notes are converted or repurchased by Micron prior to such date, and its current intent is to settle any such conversions entirely in cash with a portion of the proceeds from the offering. This announcement does not constitute an offer to sell or a solicitation of an offer to buy any of the foregoing securities, nor shall there be any offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

 

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MU

Industry Average

Valuation MU Industry Range
Price/Earnings 11.0x
Price/Sales 2.4x
Price/Book 3.6x
Price/Cash Flow 9.9x
TEV/Sales 1.7x
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