Micron Technology, Inc. Overview
Pro stress-test →Micron Technology designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally. The company supplies high-performance memory and storage solutions critical to AI semiconductor chips that process intense workloads. The memory giant's stock has surged 44% year-to-date, reaching $417.88 as of midday trading, driven by extraordinary AI-driven demand.
Strategic Profile
Pro stress-test →Goldman Sachs identified a "great memory crunch" that isn't expected to ease until at least 2028. That's giving Micron extraordinary pricing power. The company has already locked in pricing agreements with almost all customers for the vast majority of HBM3e supply in calendar 2026. Supply shortages could continue through 2027 and into 2028, creating a more structurally profitable environment for Micron.
Competitive Landscape
Pro stress-test →The company serves the data center, PC, graphics, networking, automotive, industrial, and consumer embedded markets, as well as the smartphone and other mobile-device markets. While Micron and Samsung are competitors, sky-high demand for memory chips used in AI processors and data center applications is benefiting both companies. The memory chip market is dominated by a few large players with Micron, SK Hynix, and Samsung as primary competitors.
Industry Context
Micron Technology, Inc. operates in Semiconductor Memory Manufacturing.
Key facts
Founded: 1978 · Headquarters: Boise, Idaho · Employees: 50,000 · Revenue: $37.4B (FY2025), expected $75.9B (FY2026E) · Market cap: $520B