logo
#

Latest news with #MBU

Here's How Much a $1000 Investment in Micron Made 10 Years Ago Would Be Worth Today
Here's How Much a $1000 Investment in Micron Made 10 Years Ago Would Be Worth Today

Yahoo

time21-05-2025

  • Business
  • Yahoo

Here's How Much a $1000 Investment in Micron Made 10 Years Ago Would Be Worth Today

For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries. Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks. What if you'd invested in Micron (MU) ten years ago? It may not have been easy to hold on to MU for all that time, but if you did, how much would your investment be worth today? With that in mind, let's take a look at Micron's main business drivers. Idaho-based Micron Technology has established itself as one of the leading worldwide providers of semiconductor memory global brands, namely Micron, Crucial and Ballistix, Micron manufactures and markets high-performance memory and storage technologies including Dynamic Random Access Memory (DRAM), NAND flash memory, NOR Flash, 3D XPoint memory and other technologies. Its solutions are used in leading-edge computing, consumer, networking and mobile products.A major portion of the revenues is derived from DRAM sales. The company's mission is to be the most efficient and innovative global provider of semiconductor memory reported revenues of $25.1 billion in fiscal 2024. The company has four reportable segments:Compute and Networking Business Unit (CNBU): The unit comprises of DRAM and NOR Flash products that are sold to the computer, networking, graphics, and cloud server markets, and NAND Flash products which are sold into the networking market. CNBU delivered revenues of $9.51 billion (38% of total revenues) in fiscal Business Unit (MBU): The unit comprises Micron's discrete DRAM, discrete NAND and managed NAND (including eMMC and universal flash storage (UFS) solutions) products that are sold to smartphone and other mobile-device markets. MBU generated revenues of $6.35 billion (25%) in fiscal Business Unit (SBU): The unit accounts for solid state drives (SSDs) and component-level solutions sold into enterprise and cloud, client and consumer storage markets as well as other discrete storage products sold in component and wafer forms to the removable storage markets. SBU's revenues grossed $4.59 billion (18%) in fiscal Business Unit (EBU): The unit includes Micron's discrete DRAM, discrete NAND, managed NAND and NOR products, which are sold to the automotive, industrial and consumer markets. EBU's revenues logged $4.61 billion (19%) in fiscal company struggles with intense competition from Intel, Samsung Electronics, SK Hynix, Toshiba Memory and Western Digital Corporation. Anyone can invest, but building a successful investment portfolio takes a combination of a few things: research, patience, and a little bit of risk. So, if you had invested in Micron a decade ago, you're probably feeling pretty good about your investment today. According to our calculations, a $1000 investment made in May 2015 would be worth $3,689.36, or a 268.94% gain, as of May 21, 2025. Investors should keep in mind that this return excludes dividends but includes price appreciation. In comparison, the S&P 500 gained 179.44% and the price of gold went up 162.41% over the same time frame. Analysts are anticipating more upside for MU. Micron's latest quarterly performance underscores its strategic positioning in the rapidly expanding AI-driven memory and storage markets. The positive impact of inventory improvement across multiple end markets is adding to the top-line growth. Surging demand for HBM and robust DRAM pricing recovery will aid significant revenue and earnings growth in coming quarters. Its solid financials, positive free cash flow, and strong balance sheet provide the flexibility to invest in growth initiatives while enhancing shareholder value. Its long-term customer agreements and expanding AI partnerships reduce volatility and enhance revenue visibility. Nonetheless, weakness in NAND pricing due to oversupply conditions and slower-than-expected demand recovery might hurt overall financial performance. An escalating trade war is another concern. The stock has jumped 39.72% over the past four weeks. Additionally, no earnings estimate has gone lower in the past two months, compared to 2 higher, for fiscal 2025; the consensus estimate has moved up as well. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Micron Technology, Inc. (MU) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Mohan Babu University, QS Top 100 Penn State University join hands to launch maiden joint degree program in India
Mohan Babu University, QS Top 100 Penn State University join hands to launch maiden joint degree program in India

Hindustan Times

time16-05-2025

  • Business
  • Hindustan Times

Mohan Babu University, QS Top 100 Penn State University join hands to launch maiden joint degree program in India

Mohan Babu University (MBU) has joined hands with Pennsylvania State University (Penn State), USA, to launch India's first-ever Joint Degree Program with a QS Top 100 Ranked Global University. The move is aimed at redefining higher education opportunities for Indian students. The Penn State University is ranked 89th in the QS World University Rankings 2025, and touted to be one of the most prestigious public research universities in the world. Through the partnership, students from India will get the global exposure and a top-ranked U.S. degree at nearly half the cost, along with access to world-class academics, research, and career opportunities, a press released informed. Also read: Lovely Professional University suspends MoUs with Türkiye and Azerbaijan, says national security a top priority The Memorandum of Agreement (MoA) between the two institutions was signed at the MBU campus in Tirupati in presence of Dr. M. Mohan Babu, Chancellor, MBU, Vishnu Manchu, Pro-Chancellor, and Vinay Maheshwari, Executive Director. Representing Penn State were its Chancellor Dr. David M. Callejo Pérez, and Dr. Vahid Motevalli, Interim Vice Chancellor for Academic Affairs. Also read: Govt approves IIFT's proposal to open first offshore campus in Dubai Also read: After Jamia & JNU, IIT Roorkee cancels MoU with Turkish university, here's what the institute said Vishnu Manchu, Pro-Chancellor of MBU, pointed out that the collaboration empowers students by providing access to exceptional global education at a fraction of the typical cost. 'It brings the best of international academic practices to Tirupati while opening up life-changing career possibilities for Indian students,' he added. Dr. David M. Callejo Pérez, chacellor of Penn State University, expressed delight over the collaboration with MBU, and said that the joint degree is not just a partnership, but a shared mission to prepare globally aware and professionally agile graduates. Vinay Maheshwari, MBU's executive director, highlighted that the partnership with Penn State ensures that the institute's students gain a truly global academic experience, access to cutting-edge research, and an international degree—without the typical financial barriers. 'It's a giant leap toward our vision of redefining education in India,' he said.

MBU signs MoU with Penn State University for joint degree program
MBU signs MoU with Penn State University for joint degree program

The Hindu

time15-05-2025

  • Business
  • The Hindu

MBU signs MoU with Penn State University for joint degree program

Mohan Babu University (MBU) has signed a Memorandum of Understanding (MoU) with Penn State University, USA, for the launching of a joint degree program. The MoU was formally exchanged between MBU Chancellor M. Mohan Babu and Penn State's Chancellor David M. Callejo Perez at an event held at the MBU campus in Tirupati. Also attending the event were Penn State's Interim Chancellor (academic affairs) Vahid Motevalli, MBU Pro Chancellor Vishnu Manchu, and Executive Director Vinay Maheshwari. Under the agreement, Indian students will have the opportunity to pursue an international undergraduate programme, through a 2+2 structure, completing the first two years at MBU and the final two years at Penn State University. On completion, students will be awarded a joint degree from both institutions, enhancing their global academic and career aspects.

MBU students take a ‘STEP' forward in English proficiency
MBU students take a ‘STEP' forward in English proficiency

The Hindu

time10-05-2025

  • Business
  • The Hindu

MBU students take a ‘STEP' forward in English proficiency

A total of 2,220 students of Mohan Babu University (MBU) in Tirupati have taken the Standardised Test of English Proficiency (STEP) programme being offered by The Hindu Group and completed the same. The university conducted a certification event titled 'STEP Ahead: Celebrating excellence in English proficiency' on its campus on Friday, where the students received the certificates. While 2% of students were at B2 level and above in the pre-assessment, the post-assessment showed a phenomenal 99% achieving B2 level and above. Among them, 952 students reached the C1 level and 23 attained the highest C2 level, showing extraordinary language proficiency. Kola Triveda from CSE (AI and Machine Learning) department topped the STEP exam by scoring 11 out of 12 points. She was awarded a STEP certificate, a detailed assessment report and a cash prize of ₹5,000. MBU Provost Prof. Nagaraj Ramrao, Vice-Chancellor Prof. K. Karunakaran, Chief Growth and Strategy Officer Vikas Singh, Registrar Dr. K. Saradhi and Dean (Freshman) Dr. N. Gireesh and STEP Coordinator and Deputy Dean Dr. M. Balaji participated in the ceremony. The Hindu's National Sales Head (STEP) Saikrishnan Gopalaramanan gave away the certificates and praised MBU's commitment to fostering global competence and communication skills among students. Mr. Vikas Singh gave a presentation on the importance of English and added how the STEP course equipped the students with the skills necessary for academic success and global communication. The university authorities thanked Chancellor M. Mohan Babu, Pro-Chancellor Vishnu Manchu and Executive Director Vinay Maheshwari for providing strategic guidance and inspiring initiative to take the students' skills a step further.

Kate Middleton Visits a Prison Mother and Baby Unit
Kate Middleton Visits a Prison Mother and Baby Unit

Yahoo

time11-02-2025

  • General
  • Yahoo

Kate Middleton Visits a Prison Mother and Baby Unit

The Princess of Wales has visited a women's prison as she resumes her public duties following cancer treatment last year. Kate, 43, today met with prisoners, staff and former residents of the Mother and Baby unit at HMP Styal in the north west of England. Kensington Palace said the visit was intended 'to highlight the importance of strong, loving and consistent mother and baby relationships to a child's development, even in the most challenging of environments.' The Princess arrived at the prison this afternoon where she was scheduled to visit the on-site nursery, meet a group of current prisoners and hear about the support provided by the unit, including targeted interventions and parenting support. The unit is run by the charity Action for Children, which Kate became Patron of in 2016, taking over from Queen Elizabeth. 'Action for Children runs three MBUs inside prisons in the North of England, all of which provide a dedicated place for new and expectant mothers serving a prison sentence or on remand,' Kensington Palace said in a statement about the visit. "Prisoners live in a separate area of the prison and are supported to care for their babies by trained prison staff and early years and family support practitioners. The aim of the MBU is to establish and maintain a strong bond between mother and child, in line with evidence that a key psychological process of attachment takes place between babies and their primary caregiver in the initial months of life, which influences later development.' The visit feeds into Kate's long-standing interest in raising awareness of the importance of early childhood. She was been working in this area for more than a decade, setting up the Royal Foundation Centre for Early Childhood in 2021. This is Kate's second official engagement of the month as she gradually returns to work in 2025. Last week, she joined school children on a trip to the National Portrait Gallery, arriving with them on a Might Also Like 12 Weekend Getaway Spas For Every Type of Occasion 13 Beauty Tools to Up Your At-Home Facial Game

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store