Flying high at Micron: battered from the memory's darkest years, a stronger Micron emerges.(Micron Technology Inc.)(Company overview)

From: Electronic Business | Date: April 1, 2006| Author: Dodge, John | Copyright information

Under CEO Steve Appleton, Micron Technology has been on a 12-year odyssey that is finally Showing a payoff.

Micron's share price has nearly doubled since May 2005, and the once troubled memory maker has earned a profit for the past seven out of nine quarters. Confidence in the company's improving prospects manifested itself in November 2005, when Micron and Intel struck a $5 billion deal to create a joint manufacturing operation to produce memory for the burgeoning NAND ...

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