Micron: Why Manassas Matters [Seeking Alpha]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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US:NASDAQ Investor Relations:
investors.micron.com
Company Research
Source: Seeking Alpha
Summary Source Introduction On 1 September 2018, fellow SA contributor Robert Castellano published an article covering Micron’s (NASDAQ: MU ) $3 billion investment in its Manassas fab titled Why Is The Stock Market So Smitten With Micron's Announced $3 Billion Chip Plant? The key point is that the new capacity will account for only 5.5% of Micron's total capacity and he goes on to write a lot about DRAM capex, production and pricing. While I like objective articles and points of view conflicting with mine, I have several issues with Robert's analysis and I think that this plant is very important for Micron. Here's my bull case for this investment. DRAM, NAND and pricing Notice that Micron's announcement mentions that the expansion of the Manassas fab clean room will enable both DRAM and NAND technology transitions. The reason is that over 2017 this facility was transitioning to NAND production as explained by fellow SA contributor Electric Phred in
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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