Micron Technology Investor Presentation — September 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

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Fourth Quarter Fiscal 2017Financial Results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.

2 September 26, 2017Sanjay Mehrotra

3Business Unit Update

EmbeddedStrong FQ4 revenue growth driven by Cloud and Graphics

Initial ramp of 1X nm DDR4 product, primarily to Client and Cloud segments

TSV-stacked DDR4 products in qualification targeting Enterprise and Cloud

FQ4 Mobile NAND and eMCP revenue nearly doubled Y/Y

Achieved first OEM qualification on 1X nm LPDRAM, multiple others underway

Qualified first 3D TLC eMCP and eMMC solutions

FQ4 revenue up 71% Y/Y driven by strong demand for SSD solutions

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