Micron Technology Investor Presentation — January 2017

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©2017 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to

change without notice. All information is provided on an “AS IS” basis without warranties of any kind.

Statements regarding products, including regarding their features, availability, functionality, or compatibility,

are provided for informational purposes only and do not modify the warranty, if any, applicable to any

product. Drawings may not be to scale. Micron, the Micron logo, and all other Micron trademarks are the

property of Micron Technology, Inc. All other trademarks are the property of their respective owners.January 18, 2017Fiscal 2016 Annual

Shareholders MeetingFiscal 2016 Annual

Shareholders Meeting

Robert Switz , ChairmanBusiness Update

Mark Durcan, Chief Executive Officer© 2017 Micron Technology, Inc.

During the course of this meeting, we may make projections or other forward -looking

statements regarding future events or the future financial performance of the Company and

the industry. We wish to caution you that such statements are predictions and that actual

events or results may differ materially. We refer you to the documents the Company files

from time to time with the Securities and Exchange Commission, specifically the Company’s

most recent Form 10 -K and Form 10 -Q. These documents contain and identify important

factors that could cause the actual results for the Company to differ materially from those

contained in our projections or forward -looking statements. These certain factors can be

found at http://www.micron.com/certainfactors. Although we believe that the expectations

reflected in the forward -looking statements are reasonable, we cannot guarantee future

results, levels of activity, performance or achievements. We are under no duty to update any

of the forward -looking statements after the date of the presentation to conform these

statements to actual results.Safe Harbor Statement

1/18/2017© 2017 Micron Technology, Inc.

FY16 –Year In Review

Weak demand environment for PCs in the first half drove

challenging market conditions; demand environment improved in

the latter part of the fiscal year creating positive momentum

Achieved critical milestones on leading -edge technology

deployment; remained on track for bit growth and cost reduction

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