Micron Technology, Inc. engages in the manufacture and marketing of semiconductor devices worldwide. Its products include dynamic random access memory (DRAM) products that provide data storage and retrieval, which include DDR and DDR2, synchronous DRAM, and other specialty memory products, such as mobile DRAM, pseudo-static RAM, and reduced latency DRAM. The company also offers NAND flash memory products, which are electrically re-writeable and non-volatile semiconductor devices that retain memory content when power is turned off; and complementary metal-oxide semiconductor image sensors that capture and process images into pictures or video for various consumer and industrial applications. Micron Technology’s products are used in a range of electronic applications, including personal computers, workstations, network servers, mobile phones, flash memory cards, USB storage devices, MP3/4 players, and other consumer electronics products. It sells its products through independent sales representatives, distributors, and its Web-based customer direct sales division. The company serves original equipment manufacturers, retailers, and distributors. It has a joint venture with Intel Corp. to develop and manufacture NAND flash memory products; Singapore Economic Development Board, Canon, Inc., and Hewlett-Packard Company to manufacture memory products in Singapore; and Photronics, Inc. to produce photomasks for advanced next generation semiconductors. Micron Technology was founded in 1978 and is headquartered in Boise, Idaho.
Analysts' Recommendation: | Strong Buy |
| 30 Days Ago: | Buy |
|
| Analysts' Target: | $10 |
| Analysts' Targets |
| Lehman Brothers | $10 |
| Overweight |
Tuesday, June 03, 2008 |
| Deutsche Bank Securities | $11 |
| Neutral |
Wednesday, May 21, 2008 |
| AmTech Research | $10 |
| Buy |
Tuesday, April 29, 2008 |
| JMP Securities LLC | $9 |
| Mkt Outperform |
Thursday, April 03, 2008 |
| Caris & Company | $6 |
| Above Average |
Friday, March 14, 2008 |
| Oppenheimer & Co. Inc. | $10 |
| Outperform |
Friday, February 15, 2008 |
| Credit Suisse | $10 |
| Hold |
Friday, December 21, 2007 |
| Jefferies & Co. | $12 |
| Hold |
Monday, December 17, 2007 |