Micron Technology Inc
NASDAQ:MU

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Micron Technology Inc
NASDAQ:MU
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Price: 96.34 USD -2.86% Market Closed
Market Cap: 106.8B USD
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Gross Margin
Micron Technology Inc

22.4%
Current
23%
Average
28.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
22.4%
=
Gross Profit
5.6B
/
Revenue
25.1B

Gross Margin Across Competitors

Country US
Market Cap 106.8B USD
Gross Margin
22%
Country US
Market Cap 3.5T USD
Gross Margin
76%
Country TW
Market Cap 26.8T TWD
Gross Margin
53%
Country US
Market Cap 767.3B USD
Gross Margin
64%
Country US
Market Cap 218.3B USD
Gross Margin
48%
Country US
Market Cap 183.4B USD
Gross Margin
59%
Country US
Market Cap 178.6B USD
Gross Margin
56%
Country UK
Market Cap 135.3B USD
Gross Margin
96%
Country US
Market Cap 104.9B USD
Gross Margin
35%
Country US
Market Cap 102.5B USD
Gross Margin
58%
Country KR
Market Cap 122.7T KRW
Gross Margin
30%
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Micron Technology Inc
Glance View

Market Cap
106.8B USD
Industry
Semiconductors

Micron Technology Inc., a leader in the semiconductor industry, specializes in the design and manufacture of innovative memory and storage solutions that power a wide array of electronic devices. Founded in 1978 and headquartered in Boise, Idaho, Micron has pioneered cutting-edge technologies in dynamic random-access memory (DRAM) and NAND flash memory, essential components in everything from smartphones to data centers. As the world increasingly shifts towards digitalization and data-driven applications, Micron's expertise positions it as a crucial player in the tech landscape, benefiting from the growth in artificial intelligence, cloud computing, and autonomous vehicles. The company's commitment to research and development allows it to remain at the forefront of advancements, ensuring sustainable competitive advantages. For investors, Micron represents an opportunity to tap into a burgeoning market with strong long-term growth prospects. The company's robust financial performance, characterized by consistent revenue growth and healthy profit margins, is supported by increasing demand for memory solutions in various sectors. Despite facing industry cyclicality, Micron's strategic initiatives, including cost management and expansion of production capabilities, bolster its resilience against market fluctuations. Furthermore, its focus on sustainability and responsible manufacturing enhances its reputation and aligns with the values of socially conscious investors. As technology continues to evolve, Micron’s mission of driving innovation in memory and storage solutions makes it an attractive candidate for those looking to invest in a pivotal segment of the tech economy.

MU Intrinsic Value
134.47 USD
Undervaluation 28%
Intrinsic Value
Price

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
22.4%
=
Gross Profit
5.6B
/
Revenue
25.1B
What is the Gross Margin of Micron Technology Inc?

Based on Micron Technology Inc's most recent financial statements, the company has Gross Margin of 22.4%.