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MICRON TECHNOLOGY INC (MU)

10-K · FY2025 · Filed Oct 3, 2025

Accession: 0000723125-25-000028

Item 1 — Business overview

Products

  • DRAM
  • NAND
  • NOR
  • HBM3E
  • HBM4
  • DDR5
  • DDR4
  • LPDDR5
  • LPDDR5X
  • LPDDR4
  • GDDR6
  • SSDs

Product categories

  • DRAM
  • NAND
  • NOR
  • HBM (High-Bandwidth Memory)
  • SSDs
  • Managed NAND
  • Multi-Chip Packages
  • Memory modules / DIMMs
  • Mobile memory (LPDDR)
  • Graphics memory (GDDR)

Customer segments

  • Large hyperscale cloud customers (CMBU)
  • Mid-tier cloud, enterprise, and OEM data center customers (CDBU)
  • Mobile / smartphone OEMs
  • Client PC OEMs
  • Consumer (Crucial-branded retail)
  • Automotive OEMs
  • Industrial / IoT
  • Consumer embedded (set-top boxes, AR/VR, smart devices)

Go to market

  • Direct sales force with global sales/representative offices
  • Distributors and independent sales representatives
  • Crucial-branded web-based customer-direct channel
  • Channel and distribution partners for Crucial products
  • Inventory hubs near key customers for rapid delivery
  • Long-term agreements with periodic price/quantity renegotiation
  • Early customer co-design engagements to win design-ins

Named competitors

  • Samsung Electronics Co., Ltd.
  • SK hynix Inc.
  • Kioxia Holdings Corporation
  • Sandisk Corporation
  • ChangXin Memory Technologies, Inc. (CXMT)
  • Yangtze Memory Technologies Co., Ltd. (YMTC)

Raw Item 1 preview

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