Canada markets open in 8 hours 10 minutes

Micron Solutions, Inc. (MPM.F)

Frankfurt - Frankfurt Delayed Price. Currency in EUR
Add to watchlist
0.8850+0.4590 (+107.75%)
At close: 08:01AM CEST
Full screen
Previous Close0.4260
Bid0.6100 x 0
Ask1.0100 x 0
Day's Range0.8850 - 0.8850
52 Week Range0.4260 - 2.7400
Avg. Volume0
Market Cap4.249M
Beta (5Y Monthly)0.31
PE Ratio (TTM)N/A
EPS (TTM)-0.4000
Earnings DateNov 13, 2023 - Nov 17, 2023
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters

    Chipmaker Micron beats on demand from booming AI, easing glut

    (Reuters) -Micron Technology beat estimates for third-quarter results on Wednesday, powered by demand for its memory chips from the rapidly-growing artificial intelligence sector and an easing supply glut in its traditional PC and smartphone markets. "The recent acceleration in the adoption of generative AI is driving higher-than-expected industry demand for memory and storage for AI servers, while traditional server demand for mainstream data center applications continues to be lackluster," CEO Sanjay Mehrotra said. "We believe the current memory industry inventory correction is now behind us," said Summit Insights Group managing director Kinngai Chan.

  • Reuters

    House lawmakers urge US to rally allies over China Micron ban

    The Republican chairmen of two House of Representatives panels on Friday urged President Joe Biden's administration to rally U.S. allies including Japan and South Korea to defeat Chinese "economic aggression" in the wake of Beijing's effective ban on purchases of Micron Technology memory chips. Michael McCaul, who heads the House Foreign Affairs Committee, and Mike Gallagher, chairman of the House select committee on the Chinese Communist Party, sent a letter to U.S. Commerce Secretary Gina Raimondo urging the administration to take action after China targeted the biggest U.S. memory chip maker.

  • Reuters

    China was reducing Micron chip purchases years before ban

    In the years before China declared U.S. firm Micron Technology's products a national security risk, authorities were already scaling back purchases of its chips, opting instead for domestic or South Korean options, documents showed. A Reuters review of over a hundred public government tenders found that while previously Chinese government authorities regularly put out purchase requests for Micron's chips for use in projects such as tax systems to surveillance networks, such requests dried up dramatically from 2020. Instead, the bulk of memory chip purchases from such entities have gone to domestic firms including Huawei Technologies, server maker Inspur as well as surveillance giants Uniview and Hikvision.