The union at Micron's largest DRAM plant in Taoyuan, Taiwan, voted overwhelmingly (99%) to authorize a strike over profit-sharing amid the company's record fiscal 2026 profits. The union demands 15% of operating profits through a transparent profit-sharing system, replacing the current incentive plan. No strike date is set yet, pending a Micron board meeting and upcoming mediation with the larger Taichung union on October 22, which could significantly impact production. Despite the strike threat, Micron's strong profits and industry supply tightness suggest a settlement with a bonus pool is more likely than a work stoppage.
Micron Technology shares are trading at USD 1,074.95 on Pluang, down 1.20% as of Oct 08, 2026 20:01 WIB. The stock shows balanced order activity with 50% Sell and 50% Buy, reflecting steady investor interest despite the union strike authorization news.
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