Full-Time
Updated on 8/25/2026
Memory and storage semiconductor manufacturer
No salary listed
Bengaluru, Karnataka, India
In Person
Bachelor's, Master's
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Micron Technology designs and manufactures memory and storage products, including DRAM, NAND, and NOR flash. These products power devices across computing, networking, automotive, industrial, and mobile markets. The company sells to OEMs, distributors, and end users worldwide and funds ongoing research and development to meet evolving needs. Micron aims to provide scalable memory solutions and maintain an inclusive, growth‑oriented workplace for its employees.
Company Size
10,001+
Company Stage
IPO
Headquarters
Boise, Idaho
Founded
1978
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Health Insurance
Dental Insurance
Vision Insurance
Disability Insurance
Parental Leave
Unlimited Paid Time Off
Paid Holidays
Flexible Work Hours
Micron Technology has experienced a strong rally over the past year, driven by AI-fuelled demand for memory and data storage, but now trades approximately 20% below its 52-week high. The company's fundamentals remain robust, with operating margins of 66% and revenue growth of 167% over the last twelve months. Micron has signed 16 multiyear Strategic Customer Agreements designed to stabilise its historically cyclical business through binding commitments. However, these agreements may limit upside potential, as ceiling prices were set during a period of peak profitability. The stock trades at a price-to-earnings multiple of 21.6, slightly below the S&P 500 median, but its price-to-sales multiple of 12.1 represents a premium to the market's 3.3, reflecting investor expectations for continued growth.
Micron Technology shares declined in pre-market trading on Monday after Samsung Electronics plunged 9%, sending ripples through the memory chip sector. SK Hynix also fell approximately 3% as the sell-off preceded Nvidia's upcoming earnings report. Despite the market jitters, Micron's fundamentals remain strong. The company reported quarterly revenue surging to $41.46 billion from $9.3 billion year-over-year, driven by robust demand for high-bandwidth memory in AI servers. This growth has propelled Micron's market capitalisation above $1 trillion. However, valuation concerns persist. Micron currently trades 61.65% above its estimated fair value of $598.06. Whilst Samsung's troubles don't directly affect Micron's orders, the memory market remains cyclical with Asian competitors investing heavily. The stretched valuation makes the stock vulnerable to sector-wide volatility.
Primemas Inc. showcased its CXL memory innovations at FMS 2026, highlighting its collaboration with Micron on the Abaco Project. The rack-scale compute system features over 100TB of CXL-attached shared memory, developed for the Department of Energy's Pacific Northwest National Laboratory to support large-scale scientific AI and HPC workloads. Primemas' CXL add-in cards, the PMA14 and PMA16, support up to 3.5TB or 4TB of DRAM capacity respectively. The cards are scheduled for shipment to Micron in September for installation in Abaco system racks. The company also unveiled SLiM, a switchless pooled memory architecture designed for AI inference workloads requiring high capacity and bandwidth. The 1U system enables multiple servers to access tens of terabytes of shared DRAM with ultra-low latency.
Micron Technology CEO Sanjay Mehrotra said data-center customers are seeking about 50% more memory supply than the company can currently commit to, driven by AI-related demand. He cited growing needs from autonomous vehicles, robotics and AI-enabled consumer products. The comments came as Micron launched a US research centre in Boise, Idaho, backed by a planned $10 billion investment over the next decade. The facility will focus on advanced memory, computing architectures, packaging and semiconductor manufacturing. Micron has outlined more than $250 billion in planned US manufacturing and research spending. Micron shares climbed nearly 4% on Thursday. The company reported revenue growth of nearly 167% year over year.
Micron Technology announced plans to invest $10 billion over the next decade in a new research laboratory in Boise, Idaho, focused on advancing memory technologies and supporting future chip manufacturing. The facility, called Micron Research Labs, will bring together customers, academia, government and the semiconductor industry to pursue technological breakthroughs. The investment builds on Micron's previous $250 billion commitment to US manufacturing and R&D. The lab will connect with Micron's research facilities across the US, Europe, Japan, India, Singapore and Taiwan. Growing AI infrastructure demand has boosted sales for memory chipmakers including Micron, Samsung Electronics and SK Hynix. Micron expects to break ground on the facility in 2027, which will accommodate hundreds of researchers and host international conferences.