Question 1

What does Micron Technology manufacture?

Accepted Answer

Micron Technology manufactures memory and storage products including dynamic random-access memory (DRAM), DRAM modules, high-bandwidth memory (HBM), NAND flash, NOR flash, multichip packages, graphics memory, and memory cards. These products are essential components in devices ranging from smartphones and computers to data centers and automotive systems. Micron is particularly known for its industry-leading HBM3E memory products that deliver over 1.2 TB/s of bandwidth for AI applications.

Question 2

Where is Micron Technology headquartered?

Accepted Answer

Micron Technology is headquartered in Boise, Idaho, USA, where it was founded in 1978. The company maintains deep roots in Idaho while operating globally with approximately 48,000 team members across 18 countries, 11 manufacturing sites, and 21 design centers worldwide.

Question 3

What is HBM and why is it important for Micron?

Accepted Answer

High Bandwidth Memory (HBM) is an advanced memory technology that provides extremely high data transfer rates essential for AI and data-intensive computing. Micron's HBM3E products deliver over 1.2 TB/s of bandwidth at up to 30% lower power consumption than competitors. HBM has become critically important for Micron's business, with the company's HBM3E memory sold out for calendar 2024 and most of 2025. Micron expects to generate multiple billions of dollars in HBM revenue in fiscal 2025, up from several hundred million in fiscal 2024, as AI demand drives unprecedented growth.

Question 4

How is Micron performing financially?

Accepted Answer

Micron has delivered exceptional financial performance driven by AI demand. In fiscal Q4 2024, the company reported revenue of $7.75 billion, representing 93% year-over-year growth. Full fiscal year 2024 revenue was $25.1 billion, up 62% year over year. The company achieved operating cash flow of $3.41 billion (44% of revenue) in Q4 fiscal 2024. In fiscal 2025, Micron continued strong performance with Q4 revenue of $11.32 billion and GAAP net income of $3.20 billion, closing out what CEO Sanjay Mehrotra called a 'record-breaking fiscal year.'

Question 5

What is Micron's market share in memory chips?

Accepted Answer

Micron holds approximately 20-25% market share in the overall DRAM market. In the high-bandwidth memory (HBM) segment, Micron had about 5.1% market share in 2024 according to TrendForce, behind SK hynix (52.5%) and Samsung (42.4%). However, Micron expects to achieve HBM market share commensurate with their overall DRAM market share (20-25%) sometime in calendar 2025 as production capacity ramps up.

Question 6

What products does Micron ship with NVIDIA?

Accepted Answer

Micron's 24GB 8-high HBM3E memory ships with NVIDIA H200 Tensor Core GPUs, which are used for advanced AI workloads. Micron also offers production-capable 36GB 12-high HBM3E solutions for next-generation AI applications. These partnerships with NVIDIA, a leader in AI computing, position Micron as a critical supplier for the AI infrastructure market.

Question 7

What is the work culture like at Micron?

Accepted Answer

Micron has a strong company culture focused on diversity and inclusion, with 79% of employees saying it is a great place to work compared to 57% at typical U.S. companies. The company emphasizes values of People, Innovation, Tenacity, Collaboration, and Customer Focus. Employees praise Micron's inclusive and supportive work environment and diverse culture. However, some note that work-life balance depends heavily on team and manager, with 50-60 hour weeks common during high-pressure product ramps, and some engineering teams experiencing stretch due to high demand.

Question 8

What benefits does Micron offer employees?

Accepted Answer

Micron offers comprehensive benefits including choice of medical, dental and vision plans, competitive life and disability insurance, paid maternity/paternity leave, paid time off starting at 5.31 hours per bi-weekly pay period (increasing annually to 6.93 hours), competitive 401(k) plan with investment options, employee stock purchase program at a discount, Academic Advancement Program providing tuition support for degrees and certifications, and Micron University for skills enhancement. Employees rate their Perks and Benefits an average of 81/100.

Question 9

How many patents does Micron hold?

Accepted Answer

As of 2024, Micron has reached a major milestone of 60,000 lifetime patents granted, with over 57,000 active patents. This extensive patent portfolio reflects the bold thinking and technical excellence of Micron's global teams who continue to push the boundaries of semiconductor technology and demonstrates the company's sustained commitment to innovation.

Question 10

What is Micron's 1-gamma DRAM technology?

Accepted Answer

In March 2025, Micron announced the launch of their 1-gamma DRAM node, representing the company's most advanced DRAM manufacturing process technology. This technology enables higher density, better performance, and improved power efficiency for DRAM products. The 1-gamma node demonstrates Micron's continued technology leadership and ability to deliver cutting-edge memory solutions for data center, mobile, and other applications.

Question 11

Is Micron developing HBM4?

Accepted Answer

Yes, Micron is actively developing both HBM4 and HBM4E technologies as part of its roadmap. HBM4 memory is expected to boost pin speeds to 11 Gb/sec, meaning a stack can drive 2.8 TB/sec of aggregate bandwidth, nearly doubling the bandwidth of current HBM3E products. This demonstrates Micron's commitment to staying at the forefront of high-bandwidth memory technology for future AI and computing applications.

Question 12

What are Micron's data center revenue trends?

Accepted Answer

Micron has seen explosive growth in data center revenue driven by AI demand. In Q1 fiscal 2025 (December 2024), data center revenue surpassed 50% of total revenue for the first time in company history. By Q3 fiscal 2025, data center revenue had tripled from a year earlier. Data center SSD sales exceeded $1 billion in quarterly revenue for the first time in Q4 fiscal 2024, demonstrating strength across both DRAM and NAND products for data center applications.

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Frequently Asked Questions

What does Micron Technology manufacture?

Where is Micron Technology headquartered?

What is HBM and why is it important for Micron?

How is Micron performing financially?

What is Micron's market share in memory chips?

What products does Micron ship with NVIDIA?

What is the work culture like at Micron?

What benefits does Micron offer employees?

How many patents does Micron hold?

What is Micron's 1-gamma DRAM technology?

Is Micron developing HBM4?

What are Micron's data center revenue trends?

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