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Micron funds a New York materials supplier to strengthen its US supply chain

Micron ($MU) announced strategic funding for Indium Corporation’s refining and high-purity-materials operations in Rome, New York, supporting the restart and expansion of domestic processing capacity. The companies also plan to enter a long-term supply agreement. Micron did not disclose the amount of this particular investment, the contracted supply volumes or the expected financial contribution from the arrangement. The funding forms part of Micron’s previously announced plan to invest up to $3

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Micron posts record sales and forecasts another sequential increase

Micron ($MU) reported fiscal fourth-quarter revenue of $54.23 billion, up from $41.46 billion in the preceding quarter and $11.32 billion a year earlier. Adjusted earnings reached $33.42 per share, while GAAP EPS was $32.87. Operating cash flow totaled $43.97 billion, reflecting the scale of the memory maker’s current sales and profitability expansion. For the first quarter of fiscal 2027, Micron forecasts revenue of $61.5 billion, plus or minus $1.5 billion, and adjusted EPS of $38.15, plus or

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Micron competitor CXMT begins production on a denser memory platform

Chinese memory maker CXMT said its fifth-generation DRAM platform has entered mass production. It introduced two 24-gigabit LPDDR5X products offering 50% higher capacity. These are CXMT's production and product claims, not independently verified performance results. Micron ($MU) is included as a competing memory supplier, rather than a party to the announcement. The development adds competitive context for MU but establishes neither lost Micron orders nor a change in its financial guidance. Prod

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