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©2020 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 statements regarding prod
©2020 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 statements regarding product features, availability, functionality, or compatibility, are provided for in formational purposes only and do not modify the warranty, if any, applicable to any product. Drawings may not be
to scale. Micron, the Micron orbit logo, the M orbit logo, Intelligence Accelerated™, and other Micron trademarks are the pro perty of Micron Technology, Inc. All other trademarks are the property of their respective owners.Financial Results
FQ3 2020Safe Harbor Statement
June 29, 2020 2During 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.June 29, 2020 3Sanjay Mehrotra
President and CEOJune 29, 2020 4FQ3 Highlights
▪Strong execution drove solid sequential revenue and EPS growth
▪Ramping the industry’s most advanced DRAM node and
increasing our mix of high -value NAND
▪Strong competitive position and diversified product portfolio put
Micron in an outstanding position for growth in the memory and
June 29, 2020 5▪Most of our fab and assembly sites operated at full production throughout the quarter
▪Our Singapore and Taiwan assembly and test facilities achieving record production
▪COVID -19's impact to our production early in our third quarter was limited to our back -end
assembly and test sites in Muar and Penang, Malaysia, and we quickly offset this impact
with production adjustments at our other facilities
▪All our production facilities are operating normally at this time
▪We continue to prioritize the health and safety of all team members and contractors and
have strong COVID -19 safety measures in place at all our sites worldwide
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