Micron Technology Inc
- Industry
- AI Chips
- Exchange
- US
- Country
- USA
- IPO date
- Jun 1, 1984
- Employees
- 53,000
- Website
- www.micron.com
Composite valuation range · conservative $120–$180 / fair $230–$320 / optimistic $400–$520. At $900.2, Above the optimistic ceiling · future growth overdrawn.
At publication $698.74 (May 20, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products in the United States, Taiwan, Japan, Mainland China, Hong Kong, Europe, and internationally. It operates through the Cloud Memory Business Unit; Core Data Center Business Unit; Mobile and Client Business Unit; and Automotive and Embedded Business Unit segments. The company provides memory products, including dynamic random access memory components and modules, CXL-based memory, LPDDR components and modules, graphics memory, high-bandwidth memory, and data center memory products; multichip packages (MCP) comprising embedded multimedia card-based, universal flash storage-based, and NAND-based MCPs; and technology leadership products that include 1y DRAM and G9 NAND technologies. It also offers storage products, such as data center solid-state drives (SSD), client SSD storage, and auto and industrial SSD storage; managed NAND; NAND flash; NOR flash; and memory cards. In addition, the company provides design tools, including FBGA and part decoders; DRAM power calculators; NAND power calculators; simulation models; chipset compatibility guides; serial presence-detection tools; cross-reference tools; UFSparm; SSD firmware; software and drivers; storage executive software; and obsolete part catalogs. It markets its semiconductor memory and storage products under the Micron and Crucial brands. The company serves the data center, PC, graphics, networking, automotive, industrial, and consumer embedded markets, as well as the smartphone and other mobile-device markets. It sells its products through its direct sales force, independent sales representatives, distributors, and retailers; web-based customer direct sales channel; and channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
History
Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho, with an IPO dated June 1, 1984. The company designs, develops, manufactures, and sells memory and storage products, marketed under the Micron and Crucial brands. Following a 2025 restructuring, it operates through four business units: Cloud Memory, Core Data Center, Mobile and Client, and Automotive and Embedded. Sanjay Mehrotra, a co-founder of SanDisk, has served as CEO since 2017 and as chairman since 2025. The company employs about 53,000 people.
Industry position
Micron is one of the few survivors in advanced memory manufacturing, where industry entry barriers run to tens of billions of dollars of capital and years of process expertise. DRAM is a highly concentrated oligopoly: per TrendForce, in the third quarter of 2025 SK hynix led with 33.2% share, Samsung held 32.6%, and Micron held 25.7%, the clear third-largest DRAM maker. The NAND market is more fragmented, where Micron trails Samsung, SK hynix, and Kioxia. Its products span DRAM, LPDDR, GDDR, HBM, NAND, SSD, Managed NAND, and NOR.