---
schema_version: "secwatch.filing_event.v1"
accession: "0000723125-22-000056"
form_type: "8-K"
ticker: "MU"
cik: "0000723125"
company_name: "MICRON TECHNOLOGY INC"
filed_at: "2022-11-16T23:59:59+00:00"
generated_at: "2026-06-21T17:50:49.379877+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Micron cuts DRAM/NAND wafer starts 20%; sees negative DRAM bit supply growth in CY2023

## Summary
- Reducing DRAM and NAND wafer starts by approx. 20% vs fiscal Q4 2022 across all technology nodes.
- Additional capex cuts planned; expects year-on-year DRAM bit supply negative, NAND single-digit % in CY2023.
- CEO Sanjay Mehrotra cites near-term cyclical challenges but remains confident in long-term secular demand drivers.
- Market outlook for calendar 2023 has weakened; company aims to significantly improve total inventory in the supply chain.

## SEC filing metadata
- accession: 0000723125-22-000056
- form_type: 8-K
- ticker: MU
- cik: 0000723125
- company_name: MICRON TECHNOLOGY INC
- filed_at: 2022-11-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723125/000072312522000056/0000723125-22-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723125/000072312522000056/mu-20221116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000723125-22-000056
- JSON: https://secwatch.observer/filing/0000723125-22-000056.json
- Plain text: https://secwatch.observer/filing/0000723125-22-000056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.