PRIMECAP Management acquired 31.5M Micron Technology shares worth $5.91B. That's 4.00% of their equity portfolio (3rd largest holding). The investor owns 2.81% of the outstanding Micron Technology stock. The first Micron Technology trade was made in Q1 2013. Since then PRIMECAP Management bought shares fifteen more times and sold shares on 34 occasions. The stake costed the investor $387M, netting the investor a gain of 1428% so far.
Stock market investors are curious why Micron's (MU 2.18%) stock fell after what appeared to be excellent financial results.
Micron Technology, Inc. has just delivered record FY 2025 results, with revenue and profitability reaching all-time highs, driven by strong demand for its me...
Micron Technology, Inc. Q3 '25 report confirmed that it's all about DRAM, and that's a good thing with DRAM content growing substantially with AI servers and...
Management envisions a market with increasing demand and decreasing supply, which signals an excellent pricing dynamic.