Micron Technology MU · USD
Information Technology · Semiconductors & Semiconductor Equipment · US listing · 🇺🇸 United States
S&P 500Nasdaq-100
690.00
+5.12%
Close of 6 Nov 2026, in USD
About Micron Technology
From its filings with the US Securities and Exchange Commission
Micron Technology is based in Boise, Idaho and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker MU. It is a member of the S&P 500 and Nasdaq-100. The SEC classifies its business as semiconductors & related devices. In the fiscal year to 3 September 2026, it reported revenue of $133.19bn and net income of $84.97bn. At that date it held total assets of $195.89bn and shareholders' equity of $138.38bn.
We are a global leader in semiconductor memory and storage, powering AI and compute-intensive applications from cloud to edge. With a relentless focus on our customers, technology and product leadership, and manufacturing and operational excellence, our comprehensive portfolio of high-performance DRAM, NAND, and NOR solutions deliver the speed, efficiency, and scale today’s workloads demand, accelerating intelligence to enrich life for all.
We manufacture our products at wholly-owned facilities and also utilize subcontractors for certain manufacturing processes. Our global network of manufacturing centers of excellence not only allows us to benefit from scale while streamlining processes and operations, but it also brings together some of the world’s brightest talent to work on the most advanced memory technology. Centers of excellence bring expertise together in one location, providing an efficient support structure for end-to-end manufacturing, with quicker cycle times, in partnership with teams, such as R&D, product development, human resources, procurement, and supply chain. For our locations in Singapore and Taiwan, this is also a combination of bringing fabrication and back-end manufacturing together. We continue to make significant investments to develop proprietary product and process technology, which generally increases bit density per wafer and reduces per-bit manufacturing costs of each generation of product.
Quoted from its 10-K, filed 9 Oct 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Information Technology
- Industry
- Semiconductors & Semiconductor Equipment
- Listed since
- 1 Jun 1984
- Employees
- 53,000
- Website
- micron.com ↗
- Head office
- 8000 S FEDERAL WAY, BOISE, ID, 83716-9632
- Incorporated in
- DE
- Classification
- Semiconductors & Related Devices
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Sanjay MehrotraChairman of the Board, President, Chief Executive Officer, since 2017$30.9m
- Mr. Mark MurphyChief Financial Officer, Executive Vice President$11.1m
- Ms. April ArnzenChief People Officer, Executive Vice President
- Dr. Scott DeBoerExecutive Vice President, Chief Technology and Products Officer$10.2m
- Mr. Michael CordanoExecutive Vice President - Worldwide Sales
- Mr. Manish BhatiaExecutive Vice President - Global Operations$11.8m
- Mr. Sumit SadanaExecutive Vice President, Chief Business Officer$11.8m
- Mr. Michael RaySenior Vice President, Corporate Secretary, Chief Legal Officer
- Mr. Scott AllenChief Accounting Officer, Corporate Vice President
- Ms. Lynn DugleLead Independent Director$409,567
- Mr. Richard BeyerIndependent Director$404,979
- Mr. Steven GomoIndependent Director$394,979
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 69
- Environment
- 56
- Social
- 78
- Governance
- 74
- Direct emissions (scope 1)
- 2,698,572 t
- Energy emissions (scope 2)
- 3,936,763 t
- Value chain emissions (scope 3)
- 4,518,910 t
- Women in the workforce
- 31%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Micron Technology Inc has several strengths in its operations. Firstly, the company has established itself as a leading global provider of semiconductor devices, enabling it to benefit from the growing demand for memory and storage solutions. Micron's strong market position and brand recognition have helped it to capture a significant share in the industry.
- Additionally, Micron has a diverse product portfolio that includes memory and storage solutions for various applications such as computers, smartphones, servers, and automotive systems. This diversified product range allows the company to cater to different customer needs and mitigate risks associated with relying on a single market segment.
- Micron also benefits from its robust research and development capabilities. The company invests heavily in innovation, which has enabled it to develop advanced technologies and stay competitive in the dynamic semiconductor industry. This continuous focus on R&D helps Micron to offer cutting-edge products to its customers and stay ahead of its competitors.
Weaknesses
- Despite its strengths, Micron Technology Inc faces some weaknesses that can hinder its growth. One of the significant weaknesses is its reliance on a few key customers. Micron's business heavily depends on a few large customers, including some major tech giants. This concentration of customers exposes the company to the risk of losing significant revenue if any of these key customers reduce their orders or switch to alternative suppliers.
- Another weakness is the cyclical nature of the semiconductor industry. As demand for memory and storage solutions is influenced by factors such as economic conditions and technological advancements, Micron is susceptible to volatility in its financial performance. During downturns in the industry, the company may experience reduced demand, lower prices, and potentially negative impacts on its profitability.
Opportunities
- Micron Technology Inc can capitalize on several opportunities to drive its future growth. One key opportunity is the increasing demand for memory and storage in emerging technologies such as artificial intelligence, autonomous vehicles, and the Internet of Things. As these technologies continue to evolve, the need for advanced memory and storage solutions is expected to rise. Micron can leverage its expertise and product portfolio to cater to these emerging markets.
- Furthermore, the growing adoption of cloud computing and data centers presents another significant opportunity for Micron. With the rising volume of data being generated and stored, there is a continuous need for higher-capacity memory and storage solutions. By providing innovative and high-performance products tailored for cloud infrastructure, Micron can thrive in this expanding market segment.
Threats
- Micron Technology Inc faces various threats that could impact its business and market position. One prominent threat is fierce competition in the semiconductor industry. The market is highly competitive, with several established players and emerging Chinese companies vying for market share. Micron needs to stay vigilant and continue innovating to fend off competition and maintain its market leadership.
- Additionally, geopolitical factors and trade tensions between countries can pose threats to Micron's business. As a global company, Micron is exposed to risks associated with changes in trade policies, tariffs, and diplomatic relationships. These factors can impact Micron's supply chain, production costs, and customer demand, potentially affecting its financial performance.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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