Micron Technology Investor Presentation — March 2020

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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 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 logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners. Financial Results

FQ2 2020Safe Harbor Statement

March 25, 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.March 25, 2020 3Sanjay Mehrotra

President and CEOStrong Q2 results including revenue at high end of guided range

19 crisis began to unfold halfway through our quarter

Positive free cash flow for

13 consecutive quarters

A marked improvement from historical cycles and is evidence of the strength of the New Micron

FQ2 HighlightsMarch 25, 2020 5COVID -19 Update

▪Ongoing communication with our suppliers to ensure continuity and identify supply gaps

▪Increased our on -hand inventory of raw materials

▪Increased multi -sourcing of parts to reduce supplier dependence risk

▪Added assembly and test capacity in order to provide redundant manufacturing

▪Stronger demand from datacenter due to remote -work economy, increased gaming and