A Micron Union in Taiwan Voted 99% to Authorize a Strike. Should You Sell the Stock?
Key PointsMicron's Taoyuan union in Taiwan voted to authorize a strike, with 1,994 members in favor and 14 against.
On October 7, a union representing Micron Technology workers in Taiwan's Taoyuan site voted 99% in favor of authorizing a strike over profit-sharing. This puts the company's growth stock, trading near $879, under scrutiny. The union hasn't set a strike date yet, but it has called for a rally in Taipei on Monday, Oct. 19. CEO Sanjay Mehrotra recently announced a record fiscal 2026 incentive pay for all employees, but the dispute remains unresolved.
Taiwan is crucial to Micron, with a majority of its DRAM output in fiscal 2026 coming from its fabs there. The company's DRAM revenue hit a record $39.8 billion in Q4, accounting for 73% of total revenue. The Taoyuan site, where the strike vote took place, represents 15% of Micron's total assets in Taiwan. While a long strike could disrupt deliveries and contractual agreements, a deal seems more likely.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
