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 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 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 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 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 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 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 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 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 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 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.
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