Micron Technology

Micron Debuts World’s First Quad-Port SSD to Accelerate Data-Rich Autonomous and AI-Enabled Vehicle Workloads

Retrieved on: 
Tuesday, April 9, 2024

The Micron 4150AT SSD combines market-leading features such as single-root input/output virtualization (SR-IOV), a PCIe® Generation 4 interface and ruggedized automotive design.

Key Points: 
  • The Micron 4150AT SSD combines market-leading features such as single-root input/output virtualization (SR-IOV), a PCIe® Generation 4 interface and ruggedized automotive design.
  • With these features, the automotive-grade SSD provides the ecosystem with data center-level flexibility and power.
  • This support for multi-host workloads is essential as today’s automotive SoCs increasingly use VMs to multitask across different functions, from autonomous driving to vehicle-to-vehicle communication.
  • The company is showcasing a demo of the SSD at Embedded World in Nuremberg, Germany from April 9-11 at booth 5-109.

Micron Provides Update Following Earthquake in Taiwan

Retrieved on: 
Wednesday, April 3, 2024

BOISE, Idaho, April 03, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today reported that following the earthquake that struck Taiwan on April 3, 2024, all of Micron’s team members have been accounted for and reported to be safe.

Key Points: 
  • BOISE, Idaho, April 03, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today reported that following the earthquake that struck Taiwan on April 3, 2024, all of Micron’s team members have been accounted for and reported to be safe.
  • Our thoughts are with those affected and their families.
  • We are evaluating impact to our operations and supply chain.
  • We will communicate changes to delivery commitments to our customers after this evaluation is completed.

Micron Technology, Inc. Reports Results for the Second Quarter of Fiscal 2024

Retrieved on: 
Wednesday, March 20, 2024

BOISE, Idaho, March 20, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its second quarter of fiscal 2024, which ended February 29, 2024.

Key Points: 
  • BOISE, Idaho, March 20, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its second quarter of fiscal 2024, which ended February 29, 2024.
  • GAAP net income of $793 million, or $0.71 per diluted share
    Non-GAAP net income of $476 million, or $0.42 per diluted share
    “Micron delivered fiscal Q2 results with revenue, gross margin and EPS well above the high-end of our guidance range — a testament to our team’s excellent execution on pricing, products and operations,” said Sanjay Mehrotra, President and CEO of Micron Technology.
  • “Our preeminent product portfolio positions us well to deliver a strong fiscal second half of 2024.
  • We believe Micron is one of the biggest beneficiaries in the semiconductor industry of the multi-year opportunity enabled by AI.”

WIC briefs media on Digital Silk Road Development Forum

Retrieved on: 
Monday, April 1, 2024

BEIJING, March 31, 2024 /PRNewswire/ -- The World Internet Conference (WIC) Organization, together with Shaanxi provincial government, will host the Digital Silk Road Development Forum on April 16 in Xi'an, the provincial capital, the WIC announced at a press conference in Beijing on March 27.

Key Points: 
  • BEIJING, March 31, 2024 /PRNewswire/ -- The World Internet Conference (WIC) Organization, together with Shaanxi provincial government, will host the Digital Silk Road Development Forum on April 16 in Xi'an, the provincial capital, the WIC announced at a press conference in Beijing on March 27.
  • The WIC Digital Silk Road Development Forum, to be hosted by the WIC and organized by the People's Government of Shaanxi Province, is the first thematic event of the WIC with a focus on digital Silk Road.
  • Themed on "Connectivity and Shared Prosperity", the forum will hold extensive discussions on the following three topics: "Digital Connectivity and Cooperation in Building the Silk Road", "Silk Road E-commerce International Cooperation", and "Digital Villages and Sustainable Development".
  • In addition to the WIC Member Representative Symposium, the forum will also feature the launch of the WIC digital institute project and the digital Silk Road cross-border e-commerce seminar, in order to integrate high-standard resources to cultivate digital talents.

New Omdia Research Reveals 2023 Semiconductor Market Revenue down 9% from 2022

Retrieved on: 
Wednesday, March 27, 2024

Demand has softened due to macroeconomic factors, while semiconductor component supply has increased," comments Cliff Leimbach, Senior Research Analyst at Omdia .

Key Points: 
  • Demand has softened due to macroeconomic factors, while semiconductor component supply has increased," comments Cliff Leimbach, Senior Research Analyst at Omdia .
  • NVIDIA has been the clear winner in this space, more than doubling its semiconductor revenue from 2022 to $49 billion in 2023.
  • In 2023, the automotive segment exerted greater influence in the semiconductor market as it increased its revenue growth to over 15% in 2023 to over $75 billion.
  • "NVIDIA's rapid growth in semiconductor revenue has placed them as the second largest semiconductor company by revenue in 2023, trailing Intel.

Micron Appoints Robert Swan to its Board of Directors

Retrieved on: 
Monday, March 11, 2024

BOISE, Idaho, March 11, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), an industry leader in innovative memory and storage solutions, today announced the appointment of Robert (Bob) Swan to its board of directors.

Key Points: 
  • BOISE, Idaho, March 11, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), an industry leader in innovative memory and storage solutions, today announced the appointment of Robert (Bob) Swan to its board of directors.
  • Prior to joining Intel, as CFO of eBay, Swan played a significant role in driving the company’s global expansion strategy.
  • “We are thrilled to welcome Bob to our board and look forward to his contributions to our strategic direction and long-term success.”
    In addition to his new position at Micron, Swan is on the boards of several organizations, including the board of directors for Nike, Inc., Flexport and the board of commissioners of GoTo Group.
  • He previously served on the board of directors for eBay, Applied Materials, Intel and Skype.

Micron Releases ‘What Makes Us Micron’ 2023 Diversity, Equality and Inclusion Report

Retrieved on: 
Tuesday, March 5, 2024

“Micron is focused on cultivating a work environment where diverse perspectives and backgrounds combine to create innovative solutions to challenging technology problems,” said Micron President and CEO Sanjay Mehrotra.

Key Points: 
  • “Micron is focused on cultivating a work environment where diverse perspectives and backgrounds combine to create innovative solutions to challenging technology problems,” said Micron President and CEO Sanjay Mehrotra.
  • “This impressive engagement underscores the vibrant, supportive community Micron fosters,” said Vice President and Chief Diversity Inclusion Officer Fran Dillard.
  • Micron also scored 100 on the Disability Equality Index and the Human Rights Campaign’s Corporate Equality Index in 2023.
  • The full Micron report, titled “What Makes Us Micron: 2023 DEI Report,” can be found at www.micron.com/dei .

Micron Collaborates with Samsung on Galaxy S24 Series to Unlock the Era of Mobile AI Experiences

Retrieved on: 
Tuesday, February 27, 2024

The Galaxy S24 series is underpinned by Samsung’s suite of generative AI tools, Galaxy AI, which helps amplify experiences from enabling barrier-free communication to maximizing creative freedom.

Key Points: 
  • The Galaxy S24 series is underpinned by Samsung’s suite of generative AI tools, Galaxy AI, which helps amplify experiences from enabling barrier-free communication to maximizing creative freedom.
  • Select Samsung Galaxy S24 devices across the S24 Ultra, S24+ and S24 models are shipping with LPDDR5X and UFS 4.0 — the most recent innovations in Micron’s robust mobile portfolio.
  • “Micron’s advanced portfolio of memory and storage solutions were selected to power the innovative Galaxy AI capabilities Samsung is pioneering in the new Galaxy S24 series,” said Mark Montierth, corporate vice president and general manager of Micron’s Mobile Business Unit.
  • “Galaxy AI is leading the way into a new era that will forever change how mobile devices empower users.

Micron Delivers the World’s Most Compact UFS Package to Enable Next-Generation Phone Designs and Larger Batteries

Retrieved on: 
Tuesday, February 27, 2024

Large language models in generative AI applications can be loaded 40% faster2, resulting in a smoother experience when initializing conversations with AI digital companions.

Key Points: 
  • Large language models in generative AI applications can be loaded 40% faster2, resulting in a smoother experience when initializing conversations with AI digital companions.
  • “Micron’s latest UFS 4.0 solution enables world-class storage performance and reduced power in the world’s smallest UFS package,” said Mark Montierth, general manager and corporate vice president of Micron’s Mobile Business Unit.
  • Zoned UFS (ZUFS): Micron UFS 4.0 now allows the host to specify different zones where data can be stored, improving the usefulness of the device over time.
  • Micron is now shipping samples of its upgraded UFS 4.0 in capacities of 256 gigabytes (GB), 512GB and 1TB.

Micron Commences Volume Production of Industry-Leading HBM3E Solution to Accelerate the Growth of AI

Retrieved on: 
Monday, February 26, 2024

This milestone positions Micron at the forefront of the industry, empowering artificial intelligence (AI) solutions with HBM3E’s industry-leading performance and energy efficiency.

Key Points: 
  • This milestone positions Micron at the forefront of the industry, empowering artificial intelligence (AI) solutions with HBM3E’s industry-leading performance and energy efficiency.
  • As the demand for AI continues to surge, the need for memory solutions to keep pace with expanded workloads is critical.
  • Seamless Scalability: With 24 GB of capacity today, Micron’s HBM3E allows data centers to seamlessly scale their AI applications.
  • Micron is a sponsor at NVIDIA GTC , a global AI conference starting March 18, where the company will share more about its industry-leading AI memory portfolio and roadmaps.