Global DRAM revenue grew 11% in Q2 [Seeking Alpha]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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Source: Seeking Alpha
Global DRAM revenue grew 11.3% Q/Q to a record high in Q2, according to TrendForce DRAMeXchange data . Contract prices of most DRAM products advanced by about 3% Q/Q on average. Contract prices of graphics DRAM products surged 15% Q/Q on cryptocurrency-related demand. Samsung ( OTC:SSNNF , OTC:SSNLF ) took first place with its total DRAM revenue up 8.2% Q/Q to $11.21B, a new high. SK Hynix ( OTC:HXSCF , OTC:HXSCL ) revenue grew 19.5% Q/Q to $7.69B. Micron ( MU ) stayed in third place with a 6% growth to $5.54B. The company was the price leader, but its Micron Memory Taiwan subsidiary experienced a production disruption in March that caused flat Q2 bit shipments.
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MU
News
- Biden, Seeking to Build on Fruitful Week, Will Announce Billions in Chip Grants [The New York Times]The New York Times
- Biden to announce preliminary deal with Micron for up to $6.14 bln in chip grants [Reuters]Reuters
- Micron, Biden-Harris Administration, U.S. Senate Majority Leader Schumer Announce $6.1B in CHIPS and Science Act Funding for Historic Planned Investment in Domestic Leading-Edge Memory Manufacturing in Idaho and New YorkGlobeNewswire
- Biden to announce preliminary deal with Micron for up to $6.14 billion in chip grants [Yahoo! Finance]Yahoo! Finance
- As Biden celebrates computer chip factories, voters wait for the promised production to start [Yahoo! Finance]Yahoo! Finance
MU
Earnings
- 3/20/24 - Beat
MU
Sec Filings
- 4/23/24 - Form 4
- 4/22/24 - Form 4
- 4/19/24 - Form 8-K
- MU's page on the SEC website