Monday, July 9, 2007

Micron Technology

Micron Technology is among the world’s largest Semiconductors sector businesses in the world.  Micron Technology’s employees generate $215.2M in profits on $5.624B of revenue.  Global output in the Semiconductors business will likely rise substantially over the next 10 years.  Long-term economic growth may lift all boats, but Micron Technology is determined to remain a market leader.  Sectoral leadership in the Semiconductors segment takes dedication and consistency, but management seeks out-sized growth.

Micron Technology’s ticker symbol MU has recently been trading near $12.38 a share.  The Micron Technology corporate headquarters in Boise ID predicts Semiconductors profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $9.364B ensures sufficient liquidity.  With a beta of 2.06, the company is more volatile than the market as a whole.  When the average equity moves higher, Micron Technology moves more aggressively.

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