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© 2021 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change withou t notice. All information is provided on an “AS IS” basis without warranties of any kind. Statements regarding products, including statements regarding pr
© 2021 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change withou t 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 provi dedfor informational 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 tr ademarks are the property of Micron Technology, Inc. All other trademarks are the property of their
respective owners.Financial Results
FQ3 2021Safe 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.June 30, 20213
President and CEOJune 30, 20214
▪Strong execution enabled us to achieve the largest sequential EPS
improvement in our history and set multiple revenue records
•NAND hit record revenue, propelled by record mobile MCP,
consumer SSD, and client SSD revenues
•Our embedded business exceeded $1B for the first time, with
record revenue across automotive and industrial markets
▪Our industry -leading 1α DRAM and 176 -layer NAND reached a
meaningful portion of our bit production, and QLC NAND
accounted for a majority of our client SSD bit shipments
▪We expect DRAM and NAND supply to remain tight into CY22Operations
▪Micron delivered record assembly output this quarter, which helped fuel our strong
▪Successfully mitigated the impacts of the drought in Taiwan with no reduction in
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