Micron Technology (MU) Launched a New Memory Chip for Space Application

Micron Technology, Inc. (NASDAQ:MU) is one of the Best Stocks to Invest in for High Returns. On July 29, Micron Technology, Inc. (NASDAQ:MU) announced the launch of a new memory chip for space applications.

The chip is a single-level cell NAND that has the capacity of 256 gigabits. The chip stands out as it has the capacity to withstand space radiation and harsh conditions. This launch makes Micron Technology, Inc. (NASDAQ:MU) the first company to offer a space application storage device. Management noted that this launch is part of a bigger plan wherewith the company plans to introduce more NAND, NOR, and DRAM solutions. Moreover, the chip is tested for all these challenges and follows strict NASA and military standards.

Micron Technology, Inc. (NASDAQ:MU) is a technology company that makes memory and storage products like DRAM, NAND, and NOR chips.

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Disclosure: None. This article is originally published at Insider Monkey.