Micron Technology and Ford Motor Company have entered a long-term Strategic Customer Agreement to ensure a steady supply of memory and storage solutions for Ford's future vehicle production. Micron is expanding its manufacturing capacity, including advanced DRAM production in Virginia, to support the automotive industry's growing demand and strengthen U.S. supply chains. This collaboration aims to support Ford's production with high-performance memory critical for intelligent, data-intensive vehicles. The agreement reflects broader industry trends toward securing resilient supply chains and investing in domestic manufacturing capabilities.
Micron Technology reported a strong fiscal Q3 2026, significantly exceeding revenue, operating income, and earnings per share expectations. The company plans to increase capital expenditures to $10 billion in Q4, bringing the full-year total close to...
Micron Technology is rated a 'Strong Buy' under $1,000, driven by strong demand for AI data center memory and its position in a three-company oligopoly with Samsung and SK Hynix. The company reported a 346% year-over-year revenue increase in Q3 FY26,...
Micron Technology will pay a quarterly dividend of $0.15 per share on July 21, 2026, unchanged from previous payouts. Despite a modest dividend yield of 0.06%, Micron’s stock has surged over 700% in the past year, driven by booming demand for AI memo...
SanDisk's stock price skyrocketed 3,904.6% over the past year following its spin-off from Western Digital, driven by increased investor interest in memory hardware for AI data centers. A $1,000 investment in SanDisk last summer would now be worth ove...
David H. Lerner is accumulating shares of Meta Platforms and Micron, citing their strong long-term growth prospects driven by AI. Meta trades at a low forward P/E of about 18x with solid earnings and a strategic shift to AI cloud services and non-adv...
