Micron's GAAP loss for 3 months of fiscal year 2023 was $0.195 billion, compared to a profit of $2.306 billion in the previous year. Revenue fell 46.9% to $4.085 billion from $7.687 billion a year earlier.

Micron will invest up to $100 billion to build a huge computer chip manufacturing complex in upstate New York over the next 20 years, the latest move by a major semiconductor maker to invest in the United States. Investments were made possible by the recently passed Chips and Science Act, which provides $52 billion in grants and subsidies, Micron CEO Sanjay...

The Micron Technology Board of Directors announced a quarterly dividend of $0.115 per share. The last day to buy securities to receive the dividend is October 7, 2022. The annual dividend yield may reach 0.67%.

Micron Technology's GAAP net income for fiscal year 2022 was $8.687 billion, up 48.2% from $5.861 billion in the previous year. Revenue increased 11% to $30.758 billion from $27.705 billion a year earlier.