Micron Technology(US:MU) 国芯网·2025-08-12 14:07Core Viewpoint - The article discusses the recent layoffs at Micron Technology in China, primarily affecting the embedded team, and highlights the company's strategic shift away from mobile NAND product development due to market performance issues [2][4]. Group 1: Company Actions - Micron Technology has announced layoffs in its China operations, impacting teams involved in embedded development, testing, and support [2]. - The company will cease the development of future mobile NAND products, including UFS5, while continuing to support other NAND solutions such as SSDs and automotive applications [4]. - Micron's revenue forecast for the upcoming quarter is projected at $11.2 billion, with a variance of $100 million, an increase from the previous expectation of $10.7 billion [4]. Group 2: Financial Performance - Micron has raised its adjusted gross margin forecast for the fourth quarter to 44.5%, up from a previous estimate of 42% [4]. - For the fiscal year 2024, Micron's revenue distribution shows that the United States is its largest market, contributing $13.17 billion, which accounts for 52.44% of total revenue [4]. - China Taiwan follows as the second-largest market with $4.71 billion, representing 18.75% of total revenue, while mainland China ranks third with $3.05 billion, making up 12.13% of total revenue [5].