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MU - Micron Technology, Inc.

Company Overview

Semiconductor company designing and manufacturing chips for computing and communications.

Key Characteristics

Employees
15,000
Founded
1985
Revenue (TTM)
$8.0B
Revenue (Prior Year)
$6.0B
R&D Spend (TTM)
$1.5B
R&D Spend (Prior Year)
$1.3B

Products & Services

Micron Technology, Inc. Core Product

Primary product/service offering from Micron Technology, Inc..

Pricing Model
Contact for pricing
Marketing Approach
Main offering from Micron Technology, Inc.

Customer Segments

Direct Customers
  • Businesses
  • Enterprises
Indirect/End Customers
  • End users
Problems Solved / Use Cases
  • Business operations
  • Digital transformation

Geographic Presence

Headquarters
United States
Operating Regions (3)
United StatesEuropeAsia-Pacific
Revenue by Region
Europe25%
Asia-Pacific15%
North America60%

SEC Filing Analyses (6)

10-K

FY 2025

Positive
Oct 3, 2025

Micron's AI Memory Pivot Drives Record Margins Despite Market Headwinds

Micron achieved record gross margins of 48.2% driven by strategic shift to high-value AI memory solutions. Revenue grew 23% YoY to $32.6B despite broader semiconductor slowdown, with AI-optimized HBM ...

10-Q

Q4 2023

Positive
Dec 21, 2023

Micron's AI-Driven Recovery Emerges Amid Historic Memory Market Downturn

Micron shows early signs of recovery with revenue growing 15.7% QoQ to $4.73B, though still down 40% YoY, as AI server demand offsets PC/mobile weakness. Gross margins improved to -2.4% from -10.2% la...

10-K

FY 2023

Neutral
Oct 6, 2023

Micron's $13.6B Revenue Drop Signals Memory Industry's Deepest Cyclical Downturn

Micron experienced its most severe downturn with revenue plummeting 49.6% YoY to $15.5B in FY23, driven by unprecedented inventory corrections and weakened demand across all segments. Operating loss r...

10-Q

Q4 2022

Neutral
Dec 22, 2022

Micron's Memory Market Meltdown: Revenue Plunges 47% Amid Industry-Wide Oversupply Crisis

Micron faces severe headwinds as revenue collapsed 47% YoY to $4.09B amid unprecedented inventory corrections and pricing pressure in memory markets. Gross margins contracted dramatically to 22.9% (-3...

10-K

FY 2022

Neutral
Oct 7, 2022

Micron's Memory Market Dominance Tested by 46% Profit Drop Amid Cyclical Downturn

Micron faced significant headwinds in FY2022 as revenue declined 8.4% to $30.8B amid weakening memory demand and pricing pressure. Operating income plummeted 46% to $4.5B as ASPs deteriorated across b...

10-Q

Q2 2022

Neutral
Jul 1, 2022

Micron's Memory Market Headwinds Intensify as Inventory Corrections Drive 48% Revenue Decline

Micron faced severe market deterioration in Q2 2022 with revenue plunging 48% YoY to $3.69B amid inventory corrections and weakening demand across PC, mobile, and data center segments. Gross margins c...