Micron Technology Intrinsic Stock Value – Micron Technology Announces Job Openings for Planned Mega-Factory in Clay
August 7, 2023
🌥️Trending News
Micron Technology ($NASDAQ:MU) is an American global provider of semiconductor memory products and technologies, including DRAM, NAND, 3D XPoint™ memory, and NOR solutions. The company has just announced job openings for its upcoming mega-factory located in the city of Clay, New York, as reported by Spectrum News 1. The facility is expected to employ thousands of people and is considered to be one of the largest investments in the state since the time of the great industrial revolution. Currently, Micron Technology is looking for a legal support individual to lead the legal team assigned to this new facility. The job opening requires the individual to have experience in corporate law and/or legal compliance, and knowledge of relevant regulations and industry standards.
The successful candidate will be responsible for developing an overall legal strategy for the facility, while also overseeing all of its legal operations. Micron Technology’s plan to create the mega-factory in Clay is an ambitious endeavor that will undoubtedly bring immense economic growth to the area. In addition to providing jobs and boosting the local economy, it will also provide a much-needed platform for technological advancement and progress. It is an exciting time for Micron Technology and the people of Clay as this new facility is expected to bring great new opportunities.
Share Price
On Friday, Micron Technology, a memory and storage solutions provider, announced job openings for its planned mega-factory in Clay, New York. In response to this news, the company’s stock opened at $69.5 and closed at $69.9, up by 1.1% from the previous closing price of 69.2. The new factory is expected to help enhance the capabilities of Micron’s existing manufacturing sites, allowing the company to accelerate the production of its advanced memory and storage solutions. Micron is currently recruiting for a range of roles and is seeking to fill positions in engineering, operations, corporate functions, and more. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Micron Technology. More…
| Total Revenues | Net Income | Net Margin |
| 18.17k | -2.91k | -15.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Micron Technology. More…
| Operations | Investing | Financing |
| 5.09k | -9.19k | 4.25k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Micron Technology. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 65.68k | 20.27k | 41.45 |
Key Ratios Snapshot
Some of the financial key ratios for Micron Technology are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.5% | 9.5% | -12.9% |
| FCF Margin | ROE | ROA |
| -26.1% | -3.2% | -2.2% |
Analysis – Micron Technology Intrinsic Stock Value
At GoodWhale, we are dedicated to providing comprehensive financial analysis of the best stocks available. One of the stocks that we have recently analyzed is MICRON TECHNOLOGY. We have used our proprietary Valuation Line to determine that the fair value of a share of MICRON TECHNOLOGY is around $69.7. Currently, the stock is being traded at $69.9, which is a fair price for investors. More…
Peers
In the semiconductor industry, there is intense competition between Micron Technology Inc and its competitors: Intel Corp, Advanced Micro Devices Inc, GLOBALFOUNDRIES Inc. All four companies are striving to develop the most innovative and efficient products to stay ahead of the competition. This competition benefits consumers as it drives down prices and leads to continuous innovation in the semiconductor industry.
– Intel Corp ($NASDAQ:INTC)
Intel is an American multinational corporation and technology company headquartered in Santa Clara, California, in the Silicon Valley. It is the world’s second largest and second highest valued semiconductor chip maker based on revenue after being overtaken by Samsung, and is the inventor of the x86 series of microprocessors, the processors found in most personal computers (PCs). Intel supplies processors for computer system manufacturers such as Apple, Lenovo, HP, and Dell. Intel also makes motherboard chipsets, network interface controllers and integrated circuits, flash memory, graphics chips, embedded processors and other devices related to communications and computing.
As of 2022, Intel has a market capitalization of 106.76 billion dollars. This is a decrease from previous years, likely due to increased competition from other companies such as AMD. Despite this, Intel still remains one of the most valuable and well-known semiconductor companies in the world. In addition to its market cap, Intel also has a return on equity (ROE) of 19.16%. This is a measure of how profitable the company is relative to the amount of money that shareholders have invested. A higher ROE indicates that the company is more efficient at generating profits and is a better investment.
– Advanced Micro Devices Inc ($NASDAQ:AMD)
As of 2022, AMD has a market cap of 92.39B and a ROE of 4.13%. The company is a global semiconductor company that designs, manufactures, and markets computer processors, graphics cards, and related technologies. Its products are used in personal computers, game consoles, and cloud computing.
– GLOBALFOUNDRIES Inc ($NASDAQ:GFS)
As of 2022, GLOBALFOUNDRIES Inc has a market cap of 28.29B and a Return on Equity of 5.09%. The company is a leading provider of advanced semiconductor manufacturing services.
Summary
MICRON TECHNOLOGY is a widely recognized American multinational semiconductor manufacturer and one of the top memory storage providers in the world. Currently, investors are optimistic about Micron’s future growth prospects, forecasting higher earnings and revenues due to increased demand.
