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Tag Archives: micron

Micron to buy out Intel plant in Lehi, Utah (access required)

photo of micron lehi

The other shoe dropped earlier this month when Micron announced it was acquiring the assets of an Intel partnership that ended in October for $1.5 billion. The Boise company said it would purchase Intel’s interest in the parties’ joint venture, ...

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Micron announces lowered expectations (access required)

photo of micron

For the first quarter of 2019, which ended Nov. 30, Micron said it expects its revenue to be on the low end of its previously announced guidance range of $7.9 billion to $8.3 billion. In addition, the company said it ...

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Federal government gets involved in ongoing Micron-China case (access required)

photo of micron worker

A recent federal indictment against three employees of two Chinese companies, alleging that they stole intellectual property from Boise chip manufacturer Micron, is another in a series of ongoing espionage claims and counterclaims between the two countries. “It’s not too ...

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Micron throws itself a birthday party

photo of sanjay mehrotra, politicians, and former micron executives

“Boise is our headquarters,” Micron CEO Sanjay Mehrotra said on Thursday. “It is the center of our research and development,” which in turn is the foundation of the company’s global presence. Mehrotra was in Boise to take part in the ...

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Micron served with Chinese DRAM injunction (access required)

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Micron said it has received a preliminary injunction regarding computer chips it sells in China, but said it should not affect its earnings much. The preliminary injunction enjoins the company’s Chinese subsidiaries from manufacturing, selling, or importing certain Crucial and Ballistix-branded ...

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Micron results are good news for Boise (access required)

image of new micron building

To no one’s surprise, Micron Technology issued barnburning results on June 20. Total revenue was $7.8 billion, up 6 percent from the previous quarter and 40 percent from the prior year. Non-GAAP gross margins expanded to a record 61 percent, ...

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Micron is constructing its next building for people (access required)

rendering of new micron building

Micron has built a number of buildings over the years to expand its fabrication capacity, most recently last year, but its latest  construction efforts are aimed at its people. The company is working on a new office building, as well ...

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