Micron Technology Inc
NASDAQ:MU

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Micron Technology Inc
NASDAQ:MU
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Price: 110.8996 USD 2.12% Market Closed
Market Cap: 123B USD
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Micron Technology Inc
Net Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Micron Technology Inc
Net Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income CAGR 3Y CAGR 5Y CAGR 10Y
Micron Technology Inc
NASDAQ:MU
Net Income
$778m
CAGR 3-Years
-49%
CAGR 5-Years
-34%
CAGR 10-Years
-13%
Qualcomm Inc
NASDAQ:QCOM
Net Income
$10.1B
CAGR 3-Years
4%
CAGR 5-Years
18%
CAGR 10-Years
2%
Texas Instruments Inc
NASDAQ:TXN
Net Income
$5B
CAGR 3-Years
-12%
CAGR 5-Years
-1%
CAGR 10-Years
7%
NVIDIA Corp
NASDAQ:NVDA
Net Income
$63.1B
CAGR 3-Years
97%
CAGR 5-Years
92%
CAGR 10-Years
60%
Broadcom Inc
NASDAQ:AVGO
Net Income
$5.9B
CAGR 3-Years
-4%
CAGR 5-Years
17%
CAGR 10-Years
36%
Advanced Micro Devices Inc
NASDAQ:AMD
Net Income
$1.8B
CAGR 3-Years
-23%
CAGR 5-Years
54%
CAGR 10-Years
43%
No Stocks Found

Micron Technology Inc
Glance View

Market Cap
123B USD
Industry
Semiconductors
Economic Moat
None

Nestled in the heart of the semiconductor industry, Micron Technology Inc. has carved out a discerning path marked by innovation and resilience. Founded in 1978, Micron has methodically grown its footprint to become a leading producer of memory and storage solutions. It primarily manufactures DRAM, NAND, and NOR memory, vital components in a multitude of digital devices and data centers that fuel the modern economy. These components are essential for everything from personal computing and smartphones to the vast expanses of cloud infrastructure, making Micron an integral player in technological advancement. The company's steady march forward is buoyed by its deep investments in research and development, enabling it to stay at the forefront of industry trends and consumer demands. The mechanics of Micron's business are predicated on its ability to efficiently produce and distribute these high-precision memory solutions across global markets. The company earns its revenue by providing these components to a diverse array of end markets, including automotive, mobile, and enterprise sectors. This diversity acts as a buffer against volatility in any single market segment, illustrating a strategy that echoes the prudent philosophies of economic moats and competitive advantages. Micron’s operational prowess is also characterized by its strategic partnerships and alliances, which bolster its supply chain and technological capabilities. As data becomes the new oil, Micron's role in supporting advanced computing applications, artificial intelligence, and increasingly data-centric industries places it on a promising trajectory in the digital age.

MU Intrinsic Value
139.2995 USD
Undervaluation 20%
Intrinsic Value
Price

See Also

What is Micron Technology Inc's Net Income?
Net Income
778m USD

Based on the financial report for Aug 29, 2024, Micron Technology Inc's Net Income amounts to 778m USD.

What is Micron Technology Inc's Net Income growth rate?
Net Income CAGR 10Y
-13%

The average annual Net Income growth rates for Micron Technology Inc have been -49% over the past three years , -34% over the past five years , and -13% over the past ten years .

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