Micron Technology Investor Presentation — January 2021

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respective owners.Financial Results

FQ1 2021Safe Harbor Statement

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.January 7, 20213

President and CEOJanuary 7, 20214

▪Delivered strong revenue and earnings in FQ1

▪Began shipping industry's most advanced NAND with 176 layers

▪Good progress on 1 -alpha DRAM node, on track to begin volume

production in 1H -CY21

▪We believe DRAM is past the bottom of the industry cycle and expect

improving trends through CY21Operations

▪In early December, two separate events affected our Taiwan DRAM operations

⎼A power outage at our Taoyuan facility on December 3

⎼A 6.7 -magnitude earthquake off the northeast coast of Taiwan on December 10, felt at

both our Taoyuan and Taichung locations

▪Investments made over the last few years in facilities’ redundancy and