Manish Bhatia
Manish Bhatia, 54, the Company’s current Executive Vice President, Global Operations, has been appointed as President and Chief Operating Officer of the Company
Highest-materiality recent filing
Micron promotes Bhatia to President/COO and DeBoer to President/CTO, effective Aug 26, 2026
Manish Bhatia, 54, appointed President and COO, effective immediately, leading global ops and business units.
Micron Q3 FY2026 record revenue $41.5B, EPS $24.67; guides Q4 rev $50B, EPS $31
Revenue $41.46B (up 73% QoQ, 346% YoY); GAAP net income $28.24B ($24.67 diluted EPS).
Micron appoints Alexis Black Björlin to board of directors
Dr. Alexis Black Björlin appointed to Micron board effective June 9, 2026.
Micron completes cash tender offers for ~$4.5B of senior notes, expiring March 31
Offered to purchase any and all of six series of senior notes with $5.4B outstanding principal.
Micron launches cash tender offers for $5.4B of senior notes across six series
Tender offers for any and all of six series: 5.300% '31 ($1B), 5.650% '32 ($500M), 5.875% '33 ($750M & $900M), 5.800% '35 ($1B), 6.050% '35 ($1.25B).
Micron Q2 FY2026 record rev $23.86B, EPS $12.07; Q3 guide rev $33.5B, EPS $18.90
Revenue $23.86B vs $13.64B QoQ and $8.05B YoY; GAAP EPS $12.07, non-GAAP $12.20.
Micron shareholders approve officer exculpation amendment, ratify auditor
Certificate of Amendment filed Jan 21 to eliminate officer liability for monetary damages under Delaware law.
Micron reports record Q1 revenue of $13.64B, EPS $4.60; Q2 guidance above expectations
GAAP revenue $13.64B (up 56.9% YoY); GAAP diluted EPS $4.60; non-GAAP EPS $4.78.
Micron directors Beyer and McCarthy to retire at Jan 2026 annual meeting
Richard Beyer (board since 2013) and Mary Pat McCarthy (board since 2018) will retire at the annual meeting expected on Jan 15, 2026.
Micron reports record Q4 rev $11.32B, EPS $2.83; guides Q1 rev ~$12.5B, GM >50%
Q4 revenue $11.32B (+46% YoY), GAAP net income $3.20B ($2.83 diluted EPS).
Micron raises Q4 FY2025 revenue guidance to $11.2B, non-GAAP EPS to $2.85
Revenue guidance raised from $10.7B to $11.2B ± $100M.
Micron amends bylaws to update Delaware exclusive forum provision
Board approved Amended and Restated Bylaws effective July 17, 2025.
Micron Q3 FY2025 revenue $9.30B record; guides Q4 revenue $10.7B
GAAP net income $1.885B ($1.68 EPS); Non-GAAP $2.181B ($1.91 EPS).
Micron announces ~$200B U.S. investment in DRAM fabs and R&D; CHIPS grants total $6.44B
Plans ~$150B in domestic memory manufacturing and $50B in R&D, creating ~90,000 direct/indirect jobs.
Micron issues $1.75B in senior notes, redeems $900M of 4.185% 2027 notes
Issued $500M of 5.65% senior notes due 2032 and $1.25B of 6.05% senior notes due 2035.
Micron Q2 revenue $8.05B, EPS $1.41/$1.56; HBM >$1B; guides Q3 revenue $8.8B
Q2 revenue $8.05B (down 8% QoQ, up 38% YoY); GAAP EPS $1.41, non-GAAP EPS $1.56.
Micron enters $3.5B revolver maturing 2030, replaces $2.5B facility
New $3.5B committed revolving credit facility signed March 12, 2025; no outstanding borrowings at close.
Micron appoints ex-TSMC chairman Mark Liu and Deloitte partner Christie Simons to board
Appointments effective March 5, 2025; Board expands to 10 directors, 9 independent.
New $1.6835B non-amortizing term loan matures Jan 17, 2029; proceeds plus cash repaid $1.9335B existing term loan.
Micron issues $1B of 5.80% senior notes due 2035; redeems $500M of 4.975% notes due 2026
Issued $1,000,000,000 aggregate principal of 5.80% senior notes maturing January 15, 2035.
Micron Q1 record rev $8.71B, GAAP EPS $1.67, non-GAAP $1.79; data center rev up >400% YoY
Revenue $8.71B (record), up 12% QoQ and 84% YoY; GAAP net income $1.87B, diluted EPS $1.67.
Micron secures up to $6.44B in CHIPS grants for Idaho, New York, and Virginia fabs
Micron Idaho awarded $1.5B grant for Boise fab; Micron New York awarded $4.6B for two fabs in Clay, NY.
Micron Board Chair Bob Switz to retire; CEO Sanjay Mehrotra to succeed as Chair
Robert (Bob) Switz to retire from Board at Jan. 16, 2025 annual meeting after 18 years.
Micron Q4 revenue $7.75B (+93% YoY), sees record Q1 FY2025 revenue of ~$8.7B
GAAP net income $887M ($0.79 diluted EPS); non-GAAP net income $1.34B ($1.18 EPS).
Micron Technology resumes stock repurchase program, citing improved industry conditions
Original repurchase program announced May 21, 2018; suspended Dec 21, 2022 due to industry downturn.
Micron amends bylaws to update Delaware law compliance and enhance stockholder nomination procedures
Bylaws amended effective July 18, 2024; permits remote stockholder meetings and electronic notices per DGCL updates.
Micron Q3 FY2024 revenue $6.81B beats guidance; AI data center revenue up 50% sequentially
GAAP net income $332M ($0.30 diluted EPS); non-GAAP net income $702M ($0.62 diluted EPS).
Micron subsidiary applies for CHIPS Act grants to modernize Virginia DRAM facility
Micron Virginia Semiconductor Manufacturing LLC submitted full application to CHIPS Program Office for federal grants.
Micron estimates Taiwan earthquake will cut up to mid-single-digit % of quarterly DRAM supply
April 3 earthquake in Taiwan: no permanent facility, tool or infrastructure damage; all team members safe.
Micron beats Q2 guidance, returns to profitability; revenue $5.82B, EPS $0.71 GAAP
Revenue $5.82B, above guidance high-end; GAAP net income $793M ($0.71 EPS) vs prior Q loss.
Micron appoints Robert Swan to board of directors; board expands to nine
Robert (Bob) Swan appointed to Micron's board effective March 11, 2024.
Micron shareholders elect all director nominees, approve say-on-pay at 2023 annual meeting
All 8 director nominees elected; largest vote total ~821.9M for Mary Pat McCarthy.
Micron issues $1B of 5.30% senior notes due 2031 to repay term loan
Issued $1,000,000,000 aggregate principal of 5.30% senior notes due January 15, 2031.
Micron Q1 FY2024 revenue $4.73B, net loss $1.23B; guides Q2 rev ~$5.3B
Revenue $4.73B, up from $4.01B prior quarter and $4.09B year ago.
Micron raises Q1 FY2024 revenue guidance to ~$4.7B, non-GAAP gross margin near breakeven
Revenue guidance raised to approximately $4.7 billion from $4.4B ± $200M; improved supply/demand and pricing.
Micron posts Q4 GAAP loss $1.43B ($1.31/sh); rev $4.01B, guides Q1 rev ~$4.4B
Q4 GAAP net loss $1.43B ($1.31/sh) vs. $1.49B profit year ago; Non-GAAP loss $1.07/sh.
Micron subsidiaries file CHIPS Act applications for fabs in Idaho and New York
Two Micron subsidiaries submitted full applications to U.S. CHIPS Program Office for federal funding.
Micron reports Q3 GAAP loss of $1.90B; guides Q4 revenue $3.9B, EPS loss $1.19 non-GAAP
Revenue $3.75B, up from $3.69B QoQ but down from $8.64B YoY; GAAP net loss $1.90B ($1.73 loss per share).
Micron says low-double-digit % of worldwide revenue at risk from China CII ban
CAC's May 21 conclusion continues to create uncertainty; Micron updates risk assessment.
China's CAC bans Micron products for critical infrastructure operators over cybersecurity risk
CAC concluded Micron products present a cybersecurity risk; notified critical information infrastructure operators in China to stop using the products.
Micron discloses CAC cybersecurity review in China; issues $1.5B in senior notes
CAC notified Micron on March 31, 2023 of a cybersecurity review of products sold in China; Micron cooperating.
Micron Technology reports Q2 fiscal 2023 revenue of $3.69B, GAAP net loss of $2.31B
Revenue fell to $3.69B from $4.09B in prior quarter and $7.79B a year ago.
Micron reduces CEO salary 20%, NEO salaries 10-15%, suspends bonuses for fiscal 2023
CEO base salary reduced 20%; Executive VPs 15%; Senior VP 10% effective Feb 5, 2023 through fiscal 2023.
Micron settles $1.25B dual-tranche senior notes offering at 5.875%-6.75% rates
Issued $500M add-on to 6.750% notes due 2029 (previous $750M) and $750M of 5.875% notes due 2033.
All 8 director nominees elected; vote totals ranged from ~770M (Robert Switz) to ~805M (Lynn Dugle) in favor.
Micron enters $600M incremental term loan facility; borrows $125M, $250M, $225M in three tranches
Incremental Term Loan Amendment signed Jan 5, 2023; aggregate principal $600M across three tranches.
Micron reports $195M GAAP net loss in FQ1; plans 10% headcount reduction
Revenue of $4.09B, down from $6.64B prior quarter and $7.69B year ago.
Micron cuts DRAM/NAND wafer starts 20%; sees negative DRAM bit supply growth in CY2023
Reducing DRAM and NAND wafer starts by approx. 20% vs fiscal Q4 2022 across all technology nodes.
Micron obtains $2.6B term loan facility across three tranches maturing 2025-2027
Borrowed $2.6B on Nov 3, 2022: $926.7M (Tranche A-1, matures Nov 2025), $746.7M (A-2, Nov 2026), $926.7M (A-3, Nov 2027).
Micron closes $750M offering of 6.750% senior notes due 2029
Aggregate principal $750M, interest 6.750%, matures Nov 1, 2029.
Manish Bhatia, 54, the Company’s current Executive Vice President, Global Operations, has been appointed as President and Chief Operating Officer of the Company
Sumit Sadana has transitioned from his role as the Company’s Executive Vice President and Chief Business Officer to the role of Senior Advisor to the CEO
Dr. Scott DeBoer, 60, the Company’s current Executive Vice President, Chief Technology and Products Officer, has been appointed President and Chief Technology and Products Officer of the Company
On June 9, 2026, the Board of Directors (“Board”) of Micron Technology, Inc. (the “Company”) appointed Alexis Black Björlin as a member of the Board.
On March 5, 2025, the Board of Directors (“Board”) of Micron Technology, Inc. (the “Company”) appointed Anna Christine Simons and Teyin Mark Liu as members of the Board.
On March 5, 2025, the Board of Directors (“Board”) of Micron Technology, Inc. (the “Company”) appointed Anna Christine Simons and Teyin Mark Liu as members of the Board.
On October 25, 2024, Robert Switz, Chair of the Board of Directors (the “Board”) of Micron Technology, Inc. (the “Company”), provided notice to the Governance and Sustainability Committee of the Board that he has decided to retire from the Board and will not seek re-election at the Company’s fiscal 2024 annual shareholders meeting (the “Annual Meeting”).
On October 30, 2024, the Company announced that the independent members of the Board unanimously elected Sanjay Mehrotra, the Company’s Chief Executive Officer, to succeed Mr. Switz as Chair of the Board
and Lynn Dugle to serve as lead independent director, each effective as of Mr. Switz’s retirement.
On March 11, 2024, the Board of Directors (the “Board”) of Micron Technology, Inc. (the “Company”) appointed Robert Swan as a member of the Board.
Sumit Sadana will cease serving as Interim Chief Financial Officer and will continue to serve in his role as Executive Vice President and Chief Business Officer.
The Board of Directors of Micron Technology, Inc. (the “Company”) has appointed Mark J. Murphy (54) to serve as Executive Vice President and Chief Financial Officer effective as of April 18, 2022
Max materiality 0.95 · Median 0.70 · Most common event earnings