MICRON TECHNOLOGY INC

Micron Technology, Inc. announced the launch of the Micron Ventures Paradigm Fund, a new $250 million investment vehicle. This fund, the third and largest for Micron Ventures, is dedicated to partnering with companies innovating in the AI sector, spanning model architectures, compute infrastructure, enterprise applications, and physical AI. The initiative increases Micron Ventures' total capital commitment to $550 million, aiming to gain early insights into future AI infrastructure demands and strengthen Micron's memory and storage solutions.

Micron Technology, Inc. announced that its executives will participate in the KeyBanc Capital Markets Technology Leadership Forum on Monday, August 10, at 8:00 a.m. Mountain Time in Deer Valley, Utah. A live webcast and subsequent replays of the presentations will be accessible through the company's Investor Relations website.

Micron Technology, Inc. announced it is accelerating its planned U.S. fab and technology investments, increasing its expected spend to more than $250 billion through 2035. This expanded investment is driven by surging demand for memory in the AI era and aims to support the long-term goal of producing 40% of its DRAM in the U.S., creating significant direct and indirect jobs. The announcement coincides with the celebration of the first concrete pour milestone at its Clay, New York site, which occurred more than one quarter ahead of the original plan, marking the transition to vertical construction. Micron also plans to invest up to $3 billion to develop the domestic semiconductor supply chain ecosystem.

Micron Technology and Ford Motor Company have entered into a long-term Strategic Customer Agreement (SCA) to secure the supply of memory and storage solutions for Ford's upcoming vehicle production. Micron plans to increase its output of automotive memory and expand capacity, including investments in its Manassas, Virginia fab, to support this agreement and broader automotive ecosystem demand. This partnership aims to ensure a reliable, long-term supply as vehicles become more data-intensive, strengthening critical U.S. infrastructure.

Micron Technology and General Motors announced a Strategic Customer Agreement (SCA) to ensure a long-term, reliable supply of critical memory and storage platforms for GM's vehicle production. This partnership aims to strengthen semiconductor and automotive supply chains and supports next-generation U.S. manufacturing. The agreement covers LPDRAM, NOR, and UFS NAND products, and includes deep technology collaboration for future vehicle architectures. Micron's $2 billion investment in its Manassas, Virginia fab enables this agreement, providing supply predictability and continuity.

Micron Technology, Inc. announced a $250 million investment in Trump Accounts (530A Accounts) to enhance long-term savings opportunities for children and families. This initiative includes an employee matching benefit of up to $1,000 per child under 18 and a one-time $250 seed deposit for children in communities where Micron operates. The program is expected to support up to one million children and complements Micron's existing $200 billion investment in U.S. memory manufacturing and R&D, reinforcing its commitment to the nation's semiconductor ecosystem and workforce.

Micron Technology reported exceptionally strong Q3 2026 financial results, with revenue soaring to $41.46 billion, net income reaching $28.24 billion, and diluted EPS at $24.67. The company also completed the acquisition of a wafer fabrication facility in Taiwan for $1.8 billion and made significant debt prepayments totaling $8.51 billion. Additionally, Micron reduced its Revolving Credit Facility borrowing capacity from $3.5 billion to $2.0 billion, reflecting robust financial health and strategic capital management.

Micron Technology reported record financial results for its third quarter of fiscal 2026, driven by strong demand in the AI era. Revenue surged to $41.46 billion, significantly higher than the previous quarter and year-ago period. The company achieved GAAP net income of $28.24 billion and non-GAAP diluted EPS of $25.11. Micron also provided a robust outlook for the fourth quarter, projecting revenue of approximately $50.0 billion and non-GAAP diluted EPS of $31.00.

Micron Technology, Inc. announced a strategic agreement with Anthropic, encompassing memory and storage AI architecture design, a supply agreement for Micron's data center portfolio, and enterprise adoption of Anthropic's Claude AI models by Micron. Additionally, Micron made a strategic investment in Anthropic's Series H funding round. This collaboration aims to innovate and scale next-generation AI infrastructure by optimizing memory and storage technologies for AI workloads.

Micron Technology, Inc. announced the appointment of Dr. Alexis Black Björlin to its board of directors. Dr. Björlin brings extensive experience in artificial intelligence infrastructure, cloud platforms, and semiconductors, having held senior leadership roles at companies like NVIDIA, Meta Platforms, Broadcom, and Intel. Her appointment is expected to be a significant asset to Micron as it continues to advance its technology leadership.