![\"\"](\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2026\/03\/TIKR.com_MU-Micron-Technology-Inc_9731600280.webp\")
MU\u682a\u306e\u53ce\u76ca\u3001EBITDA\u3001\u30d5\u30ea\u30fc\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u306e\u4e88\u60f3\uff08\u5358\u4f4d\uff1a10\u5104\u7c73\u30c9\u30eb\uff09 (TIKR)<\/p>\n\u30de\u30a4\u30af\u30ed\u30f3\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u306e\u4e3b\u8981\u7d71\u8a08<\/p>\n
\u30de\u30a4\u30af\u30ed\u30f3\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u306e\u682a\u4fa1\u63a8\u79fb\uff1a3.7<\/p>\n
3\u670816\u65e5\u73fe\u5728\u306e\u682a\u4fa1\uff1a442\u30c9\u30eb<\/p>\n
52\u9031\u9ad8\u5024\uff1a456\u30c9\u30eb<\/p>\n
MU\u306e\u682a\u4fa1\u76ee\u6a19\uff1a 428\u30c9\u30eb<\/p>\n
\u73fe\u5728\u30e9\u30a4\u30d6\uff1aTIKR\u306e\u65b0\u3057\u3044\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u30fb\u30e2\u30c7\u30eb\u3092\u4f7f\u3063\u3066\u3001\u3042\u306a\u305f\u306e\u304a\u6c17\u306b\u5165\u308a\u306e\u9298\u67c4\u304c\u3069\u308c\u3060\u3051\u4e0a\u6607\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u304b\u3092\u767a\u898b\u3057\u3066\u304f\u3060\u3055\u3044\uff08\u7121\u6599\u3067\u3059\uff09\u3002>>><\/p>\n
\u4f55\u304c\u8d77\u304d\u305f\u306e\u304b\uff1f<\/p>\n
\u30de\u30a4\u30af\u30ed\u30f3\u30fb\u30c6\u30af\u30ce\u30ed\u30b8\u30fc(MU)\u306e\u682a\u4fa1\u306f \u3001\u53f0\u6e7e\u306b2\u3064\u76ee\u306e\u30c1\u30c3\u30d7\u88fd\u9020\u65bd\u8a2d\u3092\u5efa\u8a2d\u3059\u308b\u8a08\u753b\u3092\u767a\u8868\u3057\u305f\u5f8c\u3001\u6708\u66dc\u65e5\u306b4\uff05 \u3001\u706b\u66dc\u65e5\u306e\u5e02\u5834\u524d\u306e\u52d5\u304d\u3067\u3055\u3089\u306b2\uff05\u6025\u9a30\u3057\u305f \u3002<\/p>\n
\u65b0\u62e0\u70b9\u306fPowerchip Semiconductor Manufacturing Corp.\u304b\u3089\u8cb7\u53ce\u3057\u305f\u3082\u306e\u3067\u3001\u9ad8\u5e2f\u57df\u5e45\u30e1\u30e2\u30ea\u30fc\uff08HBM\uff09\u3092\u542b\u3080\u6700\u5148\u7aefDRAM\u30c1\u30c3\u30d7\u306e\u751f\u7523\u306b\u6ce8\u529b\u3059\u308b\u3002<\/p>\n
HBM\u306f\u73fe\u5728\u3001\u6700\u3082\u9700\u8981\u306e\u9ad8\u3044\u30c1\u30c3\u30d7\u306e1\u3064\u3067\u3042\u308b\u3002HBM\u306f\u3001\u5927\u91cf\u306e\u9ad8\u901f\u30e1\u30e2\u30ea\u30fc\u3092\u5fc5\u8981\u3068\u3059\u308bAI\u30b7\u30b9\u30c6\u30e0\u306e\u52d5\u529b\u6e90\u3067\u3042\u308a\u3001\u30de\u30a4\u30af\u30ed\u30f3\u306f\u3053\u306e\u5e02\u5834\u3092\u3088\u308a\u591a\u304f\u7372\u5f97\u3059\u308b\u305f\u3081\u306b\u81ea\u3089\u3092\u4f4d\u7f6e\u3065\u3051\u3066\u3044\u308b\u3002<\/p>\n
MU\u682a\u306e\u53ce\u76ca\u3001EBITDA\u3001\u30d5\u30ea\u30fc\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u306e\u4e88\u60f3\uff08\u5358\u4f4d\uff1a10\u5104\u7c73\u30c9\u30eb\uff09 (TIKR)<\/p>\n
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\u671f\u5f85\u306f\u5927\u304d\u3044\u3002 <\/p>\n
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\u5229\u76ca\u9762\u3067\u306f\u3001\u30a2\u30ca\u30ea\u30b9\u30c8\u306f1\u682a\u5f53\u305f\u308a8.66\u30c9\u30eb\u3001\u524d\u5e74\u540c\u671f\u6bd4450\uff05\u4ee5\u4e0a\u306e\u4f38\u3073\u3092\u4e88\u60f3\u3057\u3066\u3044\u308b\u3002<\/p>\n
\u3053\u308c\u306f\u5927\u304d\u306a\u6570\u5b57\u3067\u3042\u308a\u3001\u30de\u30a4\u30af\u30ed\u30f3\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u306e\u682a\u4fa1\u304cAI\u30a4\u30f3\u30d5\u30e9\u69cb\u7bc9\u306b\u8ced\u3051\u308b\u6295\u8cc7\u5bb6\u304b\u3089\u6ce8\u8996\u3055\u308c\u3066\u3044\u308b\u7406\u7531\u3092\u8aac\u660e\u3057\u3066\u3044\u308b\u3002<\/p>\n
\u30a2\u30ca\u30ea\u30b9\u30c8\u306b\u3088\u308b\u30de\u30a4\u30af\u30ed\u30f3\u30fb\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u306e\u6210\u9577\u4e88\u6e2c\u3068\u76ee\u6a19\u682a\u4fa1\u3092\u898b\u308b \u682a\u5f0f\uff08\u7121\u6599\u3067\u3059\uff09>>\u3053\u3061\u3089<\/p>\n
\u30de\u30a4\u30af\u30ed\u30f3\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u682a\u306b\u3064\u3044\u3066\u5e02\u5834\u304c\u4f1d\u3048\u3066\u3044\u308b\u3053\u3068<\/p>\n
\u30de\u30a4\u30af\u30ed\u30f3\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u682a\u306f\u30011\u6708\u4ee5\u676540\uff05\u8fd1\u304f\u4e0a\u6607\u3057\u3001\u5168\u4f53\u3068\u3057\u3066\u975e\u5e38\u306b\u826f\u3044\u5e74\u3060\u3063\u305f\u3002\u73fe\u5728\u306e\u682a\u4fa1\u6c34\u6e96\u3067\u306f\u300152\u9031\u524d\u306e\u9ad8\u5024\u306b\u307b\u307c\u30bf\u30c3\u30c1\u3057\u3066\u3044\u308b\u3002\u3060\u304b\u3089\u4eca\u65e5\u306e\u6025\u9a30\u3082\u3001\u672c\u7269\u306e\u8208\u596e\u3092\u53cd\u6620\u3057\u305f\u3082\u306e\u3060\u3002<\/p>\n
\u53f0\u6e7e\u306e\u62e1\u5927\u306f\u3001\u30de\u30a4\u30af\u30ed\u30f3\u304cAI\u4e3b\u5c0e\u306e\u30e1\u30e2\u30ea\u9700\u8981\u306b\u9577\u671f\u7684\u306a\u8ced\u3051\u3092\u3059\u308b\u3053\u3068\u3092\u793a\u5506\u3057\u3066\u3044\u308b\u3002 <\/p>\n
HBM\u30c1\u30c3\u30d7\u306f\u5927\u898f\u6a21\u306aAI\u30e2\u30c7\u30eb\u306e\u5b9f\u884c\u306b\u4e0d\u53ef\u6b20\u3067\u3042\u308a\u3001\u73fe\u5728\u3001\u696d\u754c\u5168\u4f53\u3067\u4f9b\u7d66\u304c\u903c\u8feb\u3057\u3066\u3044\u308b\u3002 <\/p>\n
\u5c02\u7528\u65bd\u8a2d\u3092\u8ffd\u52a0\u3059\u308b\u3053\u3068\u3067\u3001\u30de\u30a4\u30af\u30ed\u30f3\u306f\u30e9\u30a4\u30d0\u30eb\u306b\u5bfe\u6297\u3059\u308b\u305f\u3081\u306e\u30ad\u30e3\u30d1\u30b7\u30c6\u30a3\u3092\u5897\u3084\u3059\u3053\u3068\u304c\u3067\u304d\u308b\u3002<\/p>\n
![\"\"](\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2026\/03\/MU_valuation_model_973175afae.webp\")
MU\u682a\u4fa1\u8a55\u4fa1\u30e2\u30c7\u30eb\uff08TIKR\uff09<\/p>\n
\u3088\u308a\u5927\u304d\u306a\u8a66\u7df4\u306f\u6c34\u66dc\u65e5\u306b\u3084\u3063\u3066\u304f\u308b\u3002 <\/p>\n
\u30de\u30a4\u30af\u30ed\u30f3\u30fb\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u682a\u304c\u597d\u8abf\u306a\u6c7a\u7b97\u5831\u544a\u3067\u4eca\u65e5\u306e\u71b1\u72c2\u3092\u88cf\u4ed8\u3051\u308b\u3053\u3068\u304c\u3067\u304d\u308c\u3070\u3001\u682a\u4fa1\u306e\u771f\u306e\u8ee2\u63db\u70b9\u3068\u306a\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002 <\/p>\n
\u30de\u30a4\u30af\u30ed\u30f3\u30fb\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u682a\u306f\u3001AI\u9700\u8981\u3068\u30e1\u30e2\u30ea\u4f9b\u7d66\u5236\u7d04\u306e\u4ea4\u5dee\u70b9\u306b\u4f4d\u7f6e\u3057\u3001\u534a\u5c0e\u4f53\u696d\u754c\u306b\u304a\u3044\u3066\u73fe\u5728\u6700\u3082\u8208\u5473\u6df1\u3044\u9298\u67c4\u306e\u4e00\u3064\u3067\u3042\u308b\u3002<\/p>\n
\u4f01\u696d\u306e\u30d5\u30a7\u30a2\u30d0\u30ea\u30e5\u30fc\u3092\u5373\u5ea7\u306b\u898b\u7a4d\u3082\u308b\uff08TIKR\u3067\u7121\u6599\uff09\uff1e\uff1e\u3002<\/p>\n
\u30de\u30a4\u30af\u30ed\u30f3\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u682a\u306f\u3053\u3053\u304b\u3089\u3069\u308c\u304f\u3089\u3044\u4e0a\u6607\u3059\u308b\u306e\u304b\uff1f<\/p>\n
TIKR\u306e\u65b0\u3057\u3044\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u30fb\u30e2\u30c7\u30eb\u30fb\u30c4\u30fc\u30eb\u3092\u4f7f\u3048\u3070\u30011\u5206\u4ee5\u5185\u306b\u305d\u306e\u9298\u67c4\u306e\u6f5c\u5728\u7684\u306a\u682a\u4fa1\u3092\u898b\u7a4d\u3082\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/p>\n
\u5fc5\u8981\u306a\u306e\u306f3\u3064\u306e\u7c21\u5358\u306a\u5165\u529b\u3060\u3051\u3067\u3059\uff1a<\/p>\n
\u53ce\u76ca\u6210\u9577\u7387<\/p>\n
\u55b6\u696d\u5229\u76ca\u7387<\/p>\n
\u51fa\u53e3PER\u500d\u7387<\/p>\n
\u4f55\u3092\u5165\u529b\u3059\u308c\u3070\u3088\u3044\u304b\u5206\u304b\u3089\u306a\u3044\u5834\u5408\u3001TIKR\u306f\u30a2\u30ca\u30ea\u30b9\u30c8\u306e\u30b3\u30f3\u30bb\u30f3\u30b5\u30b9\u4e88\u60f3\u3092\u4f7f\u3063\u3066\u5404\u5165\u529b\u3092\u81ea\u52d5\u7684\u306b\u5165\u529b\u3057\u3001\u8fc5\u901f\u3067\u4fe1\u983c\u3067\u304d\u308b\u51fa\u767a\u70b9\u3092\u63d0\u4f9b\u3057\u307e\u3059\u3002<\/p>\n
\u305d\u3053\u304b\u3089\u3001TIKR\u306f\u30d6\u30eb\u3001\u30d9\u30fc\u30b9\u3001\u30d9\u30a2 \u30b7\u30ca\u30ea\u30aa\u306e\u4e0b\u3067\u306e\u6f5c\u5728\u7684\u306a\u682a\u4fa1\u3068\u30c8\u30fc\u30bf\u30eb\u30ea\u30bf\u30fc\u30f3\u3092\u8a08\u7b97\u3057\u307e\u3059\u306e\u3067\u3001\u9298\u67c4\u304c\u5272\u5b89\u306b\u898b\u3048\u308b\u304b\u5272\u9ad8\u306b\u898b\u3048\u308b\u304b\u3092\u7d20\u65e9\u304f\u78ba\u8a8d\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/p>\n
60\u79d2\u4ee5\u5185\u306b\u9298\u67c4\u306e\u771f\u306e\u4fa1\u5024\u3092\u898b\u308b\uff08TIKR\u3092\u4f7f\u3048\u3070\u7121\u6599\uff09 >><\/p>\n
\u65b0\u3057\u3044\u30c1\u30e3\u30f3\u30b9\u3092\u304a\u63a2\u3057\u3067\u3059\u304b\uff1f<\/p>\n
\u514d\u8cac\u4e8b\u9805<\/p>\n
TIKR\u306b\u63b2\u8f09\u3055\u308c\u3066\u3044\u308b\u8a18\u4e8b\u306f\u3001TIKR\u3084\u30b3\u30f3\u30c6\u30f3\u30c4\u30c1\u30fc\u30e0\u306b\u3088\u308b\u6295\u8cc7\u3084\u8ca1\u52d9\u306e\u30a2\u30c9\u30d0\u30a4\u30b9\u3001\u307e\u305f\u9298\u67c4\u306e\u58f2\u8cb7\u3092\u63a8\u5968\u3059\u308b\u3082\u306e\u3067\u306f\u306a\u3044\u3053\u3068\u306b\u3054\u6ce8\u610f\u304f\u3060\u3055\u3044\u3002\u5f0a\u793e\u306f\u3001TIKR\u30bf\u30fc\u30df\u30ca\u30eb\u306e\u6295\u8cc7\u30c7\u30fc\u30bf\u304a\u3088\u3073\u30a2\u30ca\u30ea\u30b9\u30c8\u306e\u4e88\u6e2c\u306b\u57fa\u3065\u3044\u3066\u30b3\u30f3\u30c6\u30f3\u30c4\u3092\u4f5c\u6210\u3057\u3066\u3044\u307e\u3059\u3002\u5f0a\u793e\u306e\u5206\u6790\u306b\u306f\u3001\u6700\u8fd1\u306e\u4f01\u696d\u30cb\u30e5\u30fc\u30b9\u3084\u91cd\u8981\u306a\u6700\u65b0\u60c5\u5831\u304c\u542b\u307e\u308c\u3066\u3044\u306a\u3044\u5834\u5408\u304c\u3042\u308a\u307e\u3059\u3002TIKR\u306f\u3044\u304b\u306a\u308b\u9298\u67c4\u306b\u3082\u6295\u8cc7\u3057\u3066\u304a\u308a\u307e\u305b\u3093\u3002\u304a\u8aad\u307f\u3044\u305f\u3060\u304d\u3042\u308a\u304c\u3068\u3046\u3054\u3056\u3044\u307e\u3059\uff01<\/p>\n","protected":false},"excerpt":{"rendered":"
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