Full-Time
Updated on 9/4/2026
Memory and storage semiconductor manufacturer
No salary listed
Minneapolis, MN, USA
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 received a bullish signal on Monday as SK Hynix surged 8.3% and Samsung Electronics rose 5.7%, while US markets remained closed for Labor Day. Micron had jumped 6.1% on Friday to $1,016.59. The memory chipmaker reported $41.46 billion in quarterly revenue with an 84.9% adjusted gross margin and $18.3 billion in adjusted free cash flow. Management guided fiscal fourth-quarter revenue to $50 billion, plus or minus $1 billion, with an adjusted gross margin near 86%. Reaching the midpoint would require sequential revenue growth of 20.6% before Micron reports on 30 September. At current levels, shares trade 63.22% above their $622.82 GF Value estimate. The company must now demonstrate that AI demand can deliver on its extraordinary revenue target.
A Motley Fool analyst recommends three high-growth technology stocks: Nvidia, Micron Technology, and Nebius Group. Nvidia, despite being the world's largest company by market cap, grew revenue 106% year over year last quarter. Management expects 70% revenue growth next fiscal year, whilst the stock trades at 23.4 times forward earnings. Micron Technology manufactures memory chips for data centres. Analysts expect 348% revenue growth year over year in Q4 results due Sept. 30, with an additional 85% growth projected for fiscal 2027. Nebius Group, a neocloud computing business, saw revenue surge 454% year over year in Q2. Analysts forecast 533% revenue growth for 2026 and 257% for 2027.
Ken Griffin's Citadel Advisors has slashed its stake in Micron Technology by 87%, reducing its position from roughly 4.6 million shares to 600,523 shares over the last three months. The move comes even as Micron shares surged 671% over the past year amid the AI memory boom. The reduction was not isolated. Citadel also cut its Taiwan Semiconductor Manufacturing stake by 87%, trimming roughly 3.5 million shares, and reduced STMicroelectronics holdings by 44%. The hedge fund made broad cuts across sectors, including General Electric (down 72%), Citigroup (down 63%), and Tesla (down 41%). This suggests Citadel may have been reducing overall risk rather than making a bearish call on semiconductors specifically. Micron's fiscal third quarter 2026 revenue reached $41.5 billion, up 346% year over year.
Micron Technology and SanDisk shares jumped 5% and 8% respectively on Friday, despite a strong US jobs report that briefly pushed Federal Reserve rate hike odds above 50%. The US economy added 162,000 jobs in August, nearly triple expectations, sending Treasury yields higher and pressuring broader markets. The memory chip makers outperformed as semiconductor shortages continued to drive prices higher. Susquehanna expects DRAM contract prices to rise over 50% this quarter, whilst NAND prices could climb about 60%. Dell's COO highlighted persistent supply constraints across DRAM and NAND chips during the company's earnings call. The rally contrasted with rate-sensitive sectors like gold miners, which fell 1.9%, underscoring unusual strength in memory stocks despite hawkish market repricing.
Nvidia has projected that the five major AI hyperscalers will spend approximately $1.3 trillion on capital expenditures in 2027, signalling substantial growth in AI infrastructure investment. This forecast, shared during Nvidia's Q2 earnings call, suggests significant opportunities for companies in the AI hardware supply chain. Four firms are positioned to benefit: Nvidia and Broadcom, which design computing units, and Taiwan Semiconductor and Micron, which manufacture logic and memory chips respectively. Nvidia expects 70% revenue growth in its next fiscal year, whilst Broadcom projects its AI semiconductor business will exceed $100 billion in annual revenue by 2027. During Q3, Broadcom's AI semiconductor revenue reached $16.7 billion, up 221% year over year. Taiwan Semiconductor, the world's largest logic chip manufacturer, and Micron are experiencing strong demand, with memory chip prices rising due to production capacity constraints.