---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-121460"
form_type: "8-K"
ticker: "MU"
cik: "0000723125"
company_name: "MICRON TECHNOLOGY INC"
filed_at: "2023-11-28T23:59:59+00:00"
generated_at: "2026-06-07T21:15:44.110586+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Micron raises Q1 FY2024 revenue guidance to ~$4.7B, non-GAAP gross margin near breakeven

## Summary
- Revenue guidance raised to approximately $4.7 billion from $4.4B ± $200M; improved supply/demand and pricing.
- Non-GAAP gross margin guidance improves from (4.0%) to near 0.0%, driven by better pricing.
- Non-GAAP EPS loss narrows to approximately ($1.00) from previous ($1.07) ± $0.07.
- GAAP gross margin also improves to (2.5%) to (2.0%), vs prior (6.0%) ± 2%.
- Operating expenses guided higher to ~$1.10B GAAP, but non-GAAP OpEx ~$990M due to stock-based comp adjustments.

## SEC filing metadata
- accession: 0001104659-23-121460
- form_type: 8-K
- ticker: MU
- cik: 0000723125
- company_name: MICRON TECHNOLOGY INC
- filed_at: 2023-11-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/723125/000110465923121460/0001104659-23-121460-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723125/000110465923121460/tm2331627d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-121460
- JSON: https://secwatch.observer/filing/0001104659-23-121460.json
- Plain text: https://secwatch.observer/filing/0001104659-23-121460.txt

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