MICRON TECHNOLOGY INC

Micron Technology, Inc. (NASDAQ: MU) is an industry leader in innovative memory and storage solutions that transform how the world uses information. The company operates through its website at www.micron.com and manufactures a comprehensive portfolio of high-performance DRAM, NAND, and NOR memory and storage products sold under the Micron and Crucial brand names.

The company operates four reportable business segments. The Cloud Memory Business Unit focuses on memory solutions for large hyperscale cloud customers and high-bandwidth memory for all data center customers, generating $13.52 billion in revenue. The Core Data Center Business Unit serves mid-tier cloud, enterprise, and OEM data center customers with memory and storage solutions, contributing $7.23 billion in revenue. The Mobile and Client Business Unit provides memory and storage solutions for smartphones, tablets, and personal computers, including Crucial-branded consumer products, with revenue of $11.86 billion. The Automotive and Embedded Business Unit supplies memory and storage solutions for automotive, industrial, and consumer embedded applications, generating $4.75 billion in revenue. Total DRAM revenue reached $28.58 billion, while NAND revenue totaled $8.50 billion.

Micron manufactures products at wholly-owned facilities located in Taiwan, Singapore, Japan, the United States, Malaysia, China, and India, while also utilizing subcontractors for certain manufacturing processes. The company employs approximately 53,000 people globally, primarily located in Asia, North America, and Europe. As of August 2025, Micron held over 60,000 granted patents, including approximately 15,000 active U.S. patents and 7,500 active foreign patents.

The company's competitive advantages include advanced process technology incorporating extreme ultraviolet lithography, proprietary product and process innovations, manufacturing scale and operational excellence, and a diversified customer base across multiple end markets. Micron's business model emphasizes continuous R&D investment, efficient capital deployment, and strategic partnerships with customers to develop solutions addressing emerging technologies including artificial intelligence and cloud computing infrastructure.