Micron Technology, Inc., headquartered in Boise, Idaho, is a leading American producer of computer memory and data storage solutions. Founded in 1978 as a semiconductor design consulting company by Ward Parkinson, Joe Parkinson, Dennis Wilson, and Doug Pitman, Micron transitioned to manufacturing in 1981, producing 64K DRAM chips. Today, Micron specializes in dynamic random-access memory (DRAM) and NAND flash memory, as well as solid-state drives (SSDs). Their products are marketed under the Micron and Crucial brands. Micron serves a global customer base across various markets, including data centers, mobile devices, automotive, and industrial applications.
Sanjay Mehrotra is the current Chairman, President, and CEO of Micron Technology. He joined Micron in May 2017, after a long career at SanDisk Corporation. Micron is undertaking major expansion projects, including a $24 billion advanced wafer fabrication facility in Singapore and a $100 billion megafab in New York. These investments aim to support long-term manufacturing requirements and AI-driven demand. However, Micron faces increasing competition in the high-bandwidth memory (HBM) segment, particularly from Samsung, which is accelerating its production of next-generation HBM4 chips. As of September 2025, Micron had a market capitalization of $175 billion.
