Micron Technology, Inc.
1.96 %
-34.4 %
Yet to be announced
Company Overview
Micron Technology, Inc. designs, manufactures, and sells memory and storage products. The company operates through four segments: Compute and Networking, Mobile, Storage, and Embedded Business Units. DRAM products are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval.
Revenue Sources
PassBased on reviewing Micron's financial statements and business activities, the company's primary revenue streams come from the design, manufacturing, and sale of memory products and solutions. These are halal products that serve legitimate business purposes. No evidence was found of revenue from gambling, alcohol, tobacco, pornography, or other haram sources.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Feb. 27, 2025 | $8.05b | $6.39b | - | $112.0m | 0.00% | 1.75% |
| Nov. 28, 2024 | $8.71b | $6.65b | - | $118.0m | 0.00% | 1.77% |
| Aug. 29, 2024 | $7.75b | $6.36b | - | $136.0m | 0.00% | 2.14% |
| May 30, 2024 | $6.81b | $6.24b | - | $150.0m | 0.00% | 2.40% |
Looking at the most recent four quarters, interest expense remains consistently below 2.5% of total expenses. The company's interest expenses range from $118 million to $150 million per quarter, while total expenses range from $5.8 billion to $6.7 billion. This indicates that interest expense plays a minor role in the company's operations.
Operational Ethics
PassBased on public information and SEC filings, Micron has research and development facilities and manufacturing operations in various countries. While the company has operations in China, there is no clear evidence of direct material collaboration with the Chinese Communist Party. The company does not appear to have any current operations or R&D centers in Israel.
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