micron technology maintains buy rating as semiconductor market shows strong growth

Micron Technology, Inc. is a highly regarded company in the semiconductor industry. It has been recommended as a Buy by UBS. The company specializes in memory products, including dynamic and flash memory, as well as semiconductor systems. Micron's net sales are well-diversified across various markets. IT infrastructure accounts for 36.7% of sales, while phones and mobile devices contribute 23.4%. Storage media makes up 16.4% of sales, and other sectors such as automotive and consumer electronics account for 23.5%. Geographically, the majority of Micron's net sales come from the United States (50.2%), followed by Taiwan (17.4%) and China (14%). The company operates 11 production sites worldwide, highlighting its extensive manufacturing capabilities.
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