Micron Technology, Inc.

MU

US5951121038

Semiconductors

Market Closed - Nasdaq Other stock markets 21:00:00 16/07/2024 BST			5-day change	1st Jan Change
127.5 ^USD	-2.58%		-2.78%	+49.39%

07-16	ASML's order book expected to jump on AI chip boom	RE
07-16	ASML's order book expected to benefit from AI chip boom	RE

China's regulator says finds serious security issues in US Micron Technology's products

May 21, 2023 at 01:46 pm

BEIJING (Reuters) - China's cyberspace regulator said on Sunday its review has found that US Micron Technology's products have serious network security problems, causing risks to China's information infrastructure.

The regulator said Chinese operators of critical information infrastructure should stop purchasing Micron's products.

(Reporting by Kevin Yao;Editing by Elaine Hardcastle)

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	TOPIX INDEX	2,914 PTS	+0.34%	+0.19%	-
	MICRON TECHNOLOGY, INC.	127.5 USD	-2.58%	-2.78%	141B

Latest news about Micron Technology, Inc.

ASML's order book expected to jump on AI chip boom	07-16	RE
ASML's order book expected to benefit from AI chip boom	07-16	RE
Judge Backs Previous Verdict Against Micron for Patent Infringement	07-12	MT
Judge Backs Previous Verdict Against Micron for Patent Infringement	07-12	MT
Judge Backs Previous Verdict Against Micron for Patent Infringement	07-12	MT
Micron Technology CEO Meets With Taiwan President	07-12	MT
Taiwan president thanks Micron CEO for his trust in Taiwan	07-12	RE
Hedge funds turn to South Korea for next wave in AI	07-11	RE
Nvidia leads Nasdaq and S&P 500 to record highs	07-10	RE
Nvidia-led megacap charge buoys Wall Street ahead of key inflation reading	07-10	RE
Market Focus-Europe rebounds on hopes of a Fed rate cut	07-10	RE
Chip stocks, megacaps steer S&P 500, Nasdaq to record highs	07-09	RE
KeyBanc Adjusts Price Target on Micron Technology to $165 From $160, Maintains Overweight Rating	07-09	MT
Social Buzz: Wallstreetbets Stocks Mostly Advancing Premarket Tuesday; Intel, Nvidia to Open Higher	07-09	MT
European Midday Briefing : Stocks Mixed as Traders Await Powell Testimony	07-09	DJ
US Equities Markets End Higher Friday Following June Jobs Report	07-05	MT
Equity Markets Mixed Intraday After Jobs Report	07-05	MT
Samsung flags better-than-expected profit rise as AI boom lifts chip prices	07-05	RE
Wall St set for lower open as megacaps retreat with jobs data, Powell in focus	07-02	RE
Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Tuesday; Tesla, Nvidia to Decline	07-02	MT
Futures drop as megacaps retreat ahead of key jobs data	07-02	RE
Banks lift Dow, semiconductor shares weigh on Nasdaq	07-01	RE
Social Buzz: Wallstreetbets Stocks Mixed Premarket Monday; Tesla to Advance, Nvidia to Decline	07-01	MT
Wall St set for higher open as cool inflation data lifts rate cut bets	06-28	RE
Social Buzz: Wallstreetbets Stocks Mostly Higher Pre-Bell Friday; Trump Media & Technology Group to Advance, Nike to Decline	06-28	MT

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Company Profile

Micron Technology, Inc. specializes in the design, manufacturing and marketing of semiconductors. The group's products include memory products (dynamic memories, flash memories, etc.) and semiconductor systems. Net sales break down by market as follows: - IT infrastructure (36.7%): computers, network systems, graphics systems and cloud servers; - phones and mobile devices (23.4%): smartphones, tablets and mobile devices; - storage media (16.4%): mainly fixed and removable data storage components; - other (23.5%): primarily automotive, connected home and consumer electronics and industries markets. As of 31/08/2023, the group has 11 manufacturing sites worldwide. Net sales are distributed geographically as follows: the United States (50.2%), Taiwan (17.4%), China (14%), Japan (6.4%), Hong Kong (2.1%), Asia/Pacific (4.8%), Europe (4.4%) and other (0.7%).

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Calendar

25/09/2024 - Q4 2024 Earnings Release (Projected)

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ESG Refinitiv

B+

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Mean consensus

BUY

Number of Analysts

Last Close Price

127.5 USD

Average target price

162.4 USD

Spread / Average Target

+27.36%

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Micron Technology, Inc.

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MU

US5951121038

Semiconductors

China's regulator says finds serious security issues in US Micron Technology's products

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