Micron Technology Investor Presentation — September 2020

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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

FQ4 2020Safe Harbor Statement

September 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.September 29, 2020 3Sanjay Mehrotra

President and CEOSeptember 29, 2020 4Highlights

▪Solid FQ4 -20 revenue and profitability driven by strength in DRAM

shipments to cloud, PC and game console customers

▪In FQ4 -20,already achieved our High Value Solutions mix target

▪Healthy FY -20 financial results

▪In FY -20, introduced industry's first 1Z nm node; first to market with

mobile LP5 and GDDR6X products

▪Began shipping replacement gate and drove significant increases in

September 29, 2020 5▪Continued to operate our fabs at normal capacity in FY -20

▪Achieved record production from our assembly and test facilities in

Xi'an, Taiwan and Singapore in FY -20