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American computer memory manufacturer
Micron Technology, Inc. is an American multinational semiconductor company that manufactures computer memory and computer data storage products, including dynamic random-access memory (DRAM), flash memory, High Bandwidth Memory (HBM), and solid-state drives (SSDs). Founded in 1978 in Boise, Idaho, Micron is the only major American computer memory manufacturer. It is one of the "Big Three" computer memory manufacturers, along with the South Korean companies Samsung Electronics and SK Hynix.
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During an interview with CNBC, Futurum analyst Rolf Bulk cited the performance edge that SK Hynix, Micron, and Samsung have over CXMT chips.
SK Hynix, one of the top South Korean chipmakers, could outperform its U.S. rivals.
Micron Technology Inc. NASDAQ:MU stock fell about 2% Thursday as technology stocks declined amid broader market weakness. The Nasdaq dropped 0.68%, while the S&P 500 lost 0.37%. The technology sector also struggled, falling 0.8%.Micron’s decline came as investors reduced exposure to technology stoc…