The latest announcement is out from Micron ( (MU) ).
On March 12, 2025, Micron Technology, Inc. entered into a new revolving credit agreement with HSBC Bank USA, replacing its existing $2.5 billion facility with a $3.5 billion revolving credit facility. This strategic financial move, which includes provisions for potential expansion and improved terms, is aimed at supporting the company’s general corporate purposes and enhancing its financial flexibility. The agreement underscores Micron’s commitment to maintaining a robust financial structure, with no outstanding borrowings reported under the new facility as of the filing date.
More about Micron
Micron Technology, Inc. is a prominent player in the semiconductor industry, specializing in the production of memory and storage solutions. The company focuses on delivering innovative technologies that enhance computing performance and efficiency across various markets.
YTD Price Performance: 1.97%
Average Trading Volume: 24,821,961
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $99.22B
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