MU: Micron Technology, Inc.
About
Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). The CNBU segment includes memory products and solutions sold into client, cloud server, enterprise, graphics, and networking markets. The MBU segment is involved in memory and storage products sold into smartphone and other mobile-device markets. The EBU segment focuses on memory and storage products sold into automotive, industrial, and consumer Markets. The SBU segment consists of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets. The company was founded by Ward D. Parkinson, Joseph Leon Parkinson, Dennis Wilson, and Doug Pitman on October 5, 1978 and is headquartered in Boise, ID.
Current Value
$97.971 Year Return
Current Value
$97.971 Year Return
Key Details
Market Cap
$108.36B
P/E Ratio
144.98
1Y Stock Return
27.40%
1Y Revenue Growth
61.59%
Dividend Yield
0.48%
Price to Book
2.4
Strategies that include MU
Stock's related to MU
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| WDC | 73.82% | $22.57B | +41.20% | 0.00% |
| LRCX | 70.44% | $90.29B | -0.80% | 11.86% |
| AMAT | 66.93% | $139.58B | +13.44% | 0.85% |
| VECO | 66.74% | $1.48B | -9.94% | 0.00% |
| RMBS | 65.23% | $5.57B | -21.87% | 0.00% |
| ONTO | 65.16% | $8.04B | +20.50% | 0.00% |
| KLAC | 65.11% | $82.35B | +11.80% | 0.98% |
| AVGO | 63.73% | $772.28B | +68.52% | 9.87% |
| ACLS | 62.53% | $2.28B | -44.77% | 0.00% |
| MKSI | 62.17% | $7.29B | +42.89% | 0.82% |
| QCOM | 61.56% | $182.99B | +29.67% | 2.01% |
| CAMT | 60.86% | $3.40B | +16.39% | 0.00% |
| UCTT | 60.76% | $1.60B | +35.62% | 0.00% |
| AMKR | 60.41% | $6.26B | -6.38% | 1.25% |
| ENTG | 60.00% | $15.01B | -2.88% | 0.41% |
| MCHP | 59.59% | $34.84B | -21.37% | 2.78% |
| FORM | 59.45% | $2.93B | -1.71% | 0.00% |
| TER | 59.26% | $16.74B | +12.03% | 0.46% |
| TSM | 59.24% | $983.61B | +92.73% | 1.17% |
| MTSI | 59.12% | $9.07B | +51.32% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| BDX | -0.02% | $64.35B | -5.72% | 1.71% |
| DGX | -0.05% | $17.99B | +19.98% | 1.84% |
| KIM | 0.06% | $16.89B | +35.20% | 3.85% |
| ORLY | -0.06% | $69.31B | +22.06% | 0.00% |
| SHEN | -0.09% | $698.36M | -44.66% | 0.79% |
| BRO | 0.09% | $31.27B | +47.55% | 0.49% |
| KNOP | 0.10% | $210.40M | +11.75% | 1.68% |
| SMPL | 0.11% | $3.81B | -3.16% | 0.00% |
| COKE | 0.13% | $10.72B | +73.12% | 0.33% |
| CVM | -0.16% | $41.17M | -73.98% | 0.00% |
| AMSF | 0.17% | $1.11B | +22.66% | 2.52% |
| DMLP | -0.18% | $1.58B | +18.00% | 10.54% |
| EXEL | 0.19% | $9.83B | +62.16% | 0.00% |
| CPK | -0.20% | $2.98B | +43.15% | 1.89% |
| EIG | 0.20% | $1.30B | +38.83% | 2.25% |
| CSTE | -0.23% | $134.01M | +2.92% | 0.00% |
| ARQT | 0.28% | $1.18B | +433.86% | 0.00% |
| COR | 0.32% | $47.48B | +21.20% | 0.86% |
| STE | 0.32% | $20.93B | +5.37% | 1.28% |
| BRK.B | -0.36% | $1.01T | +29.88% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CBOE | -27.36% | $21.46B | +15.84% | 1.11% |
| GIS | -26.36% | $34.85B | -2.91% | 3.78% |
| AMT | -24.73% | $94.00B | +1.83% | 3.29% |
| ED | -23.60% | $33.59B | +7.16% | 3.43% |
| SO | -23.43% | $96.74B | +26.76% | 3.24% |
| XEL | -22.92% | $41.42B | +15.91% | 3.12% |
| DUK | -22.20% | $87.74B | +26.37% | 3.65% |
| CMS | -21.55% | $20.49B | +20.66% | 3.01% |
| AEE | -21.41% | $24.59B | +20.10% | 2.87% |
| WEC | -21.40% | $31.33B | +22.40% | 3.38% |
| CCI | -21.26% | $45.40B | +0.84% | 6.02% |
| LNT | -21.24% | $15.97B | +26.81% | 3.08% |
| AEP | -20.84% | $51.50B | +23.91% | 3.71% |
| JNJ | -20.78% | $368.37B | +1.24% | 3.18% |
| T | -20.68% | $163.09B | +40.40% | 4.87% |
| ES | -20.42% | $22.60B | +4.85% | 4.58% |
| KO | -19.30% | $269.63B | +7.86% | 3.07% |
| DTE | -19.01% | $25.20B | +17.84% | 3.35% |
| NOC | -18.13% | $71.54B | +4.23% | 1.60% |
| D | -17.98% | $48.38B | +24.06% | 4.62% |
ETF's related to MU
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| PSI | 76.20% | $711.93M | 0.56% |
| SOXQ | 75.37% | $490.35M | 0.19% |
| SOXX | 74.92% | $13.20B | 0.35% |
| SMH | 74.81% | $23.66B | 0.35% |
| FTXL | 73.99% | $1.31B | 0.6% |
| XSD | 70.62% | $1.25B | 0.35% |
| RSPT | 69.84% | $3.51B | 0.4% |
| IGPT | 69.66% | $407.54M | 0.58% |
| QTEC | 69.16% | $3.85B | 0.57% |
| TDIV | 68.37% | $2.82B | 0.5% |
| SIXG | 67.56% | $569.71M | 0.3% |
| FV | 67.19% | $3.81B | 0.9% |
| IXN | 66.94% | $5.14B | 0.41% |
| FTEC | 66.78% | $12.59B | 0.084% |
| WTAI | 66.71% | $192.86M | 0.45% |
| VGT | 66.61% | $80.62B | 0.1% |
| AIQ | 66.54% | $2.39B | 0.68% |
| USXF | 66.50% | $1.30B | 0.1% |
| XLK | 65.35% | $71.43B | 0.09% |
| CGGO | 65.07% | $4.67B | 0.47% |
News
Yahoo
Micron (MU) closed the most recent trading day at $98.37, moving +0.65% from the previous trading session.
MarketWatch
Micron Technology Inc. stock rises Wednesday, outperforms market
Yahoo
Fred Alger Management, an investment management company, released its “Alger Mid Cap Focus Fund” third quarter 2024 investor letter. A copy of the letter can be downloaded here. U.S. equity markets were favorable in the third quarter of 2024 driven by a dovish monetary policy shift by the Federal Reserve (Fed) and anticipation of a […]
Yahoo
It is hard to get excited after looking at Micron Technology's (NASDAQ:MU) recent performance, when its stock has...
Yahoo
The market rally has been broadening away from Big Tech and Nvidia, its leader. But at the same time, the chip company is still critical to the health of bull market.
SeekingAlpha
Micron's recent stock drop despite positive earnings and outlook for Q1 2025, linked to memory demand concerns and product offerings. Read more about MU stock here.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.