Micron Technology is a leading semiconductor company that designs, manufactures, and sells memory and storage products worldwide. The company specializes in dynamic random-access memory (DRAM), NAND flash memory, and solid-state drives (SSDs) that are essential components in computers, smartphones, servers, automotive systems, and data centers.
Founded in 1978 and headquartered in Boise, Idaho, Micron operates fabrication facilities across multiple countries including the United States, Japan, Singapore, and Taiwan. The company serves various markets including cloud computing, artificial intelligence, 5G networks, and autonomous vehicles, benefiting from the growing demand for data storage and processing capabilities.
Trading under the ticker symbol MU, Micron is known for its cyclical business nature, with revenues and stock price often fluctuating based on supply and demand dynamics in the memory chip market. The company competes with other major memory manufacturers like Samsung and SK Hynix, and continues to invest heavily in research and development to advance memory technology and maintain its competitive position.
I was trading MU when I started journaling about learning to trade stock options.