Micron Technology, Inc. has been recommended as a Buy by UBS due to its strong position in the semiconductor industry.

The company specializes in designing, manufacturing, and marketing memory products, including dynamic and flash memories, as well as semiconductor systems.

Micron's sales are well-diversified across various markets. IT infrastructure accounts for 36.7% of revenue, driven by demand for computers, network systems, and cloud servers. The mobile device sector, which includes smartphones and tablets, contributes 23.4% to sales. Storage media, particularly cloud storage components, makes up 16.4% of revenue. Other markets, such as automotive and consumer electronics, represent 23.5% of sales.

Micron operates 11 production sites globally, with significant sales distribution in the United States (50.2%), Taiwan (17.4%), China (14%), and Japan (6.4%). Additional contributions come from Hong Kong (2.1%), Asia-Pacific (4.8%), Europe (4.4%), and other regions (0.7%).