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Micron Technology

Makes memory and storage chips for AI and PCs

Principal ASIC Design Engineer

Full-TimeUpdated on 10/23/2026
$186k - $407k/yr+ Bonuses + Equity
Senior, Expert
Bachelor's, Master's, PhD
San Jose, CA, USA+3 moreMore locations: Boise, ID, USA | Folsom, CA, USA | Richardson, TX, USA
In Person
Hardware EngineeringSilicon & ASIC Design

About the job

Requirements
  • A BS, MS, or PhD in Electrical Engineering, Computer Engineering, or a related field is required.
  • Seven to twelve years of ASIC design experience, including at least one complete front-to-back tape-out, is required.
  • Proficiency in synthesizable SystemVerilog RTL design, including linting-clean and well-documented coding practices, is required.
  • Hands-on experience with logic synthesis using Design Compiler or Genus and static timing analysis using PrimeTime or Tempus is required.
  • Proficiency with RTL simulation and debug tools, including VCS or Xcelium and Verdi or DVE, for block-level self-verification is required.
  • A solid understanding of clock-domain-crossing analysis methodologies such as SpyGlass, JasperGold CDC, or equivalent is required.
  • Ability to work at the interface between digital design and custom or analog implementation teams, translating design intent into actionable guidance for layout and implementation specialists, is required.
  • Strong written communication skills for producing specifications and documentation are required.
  • Proficiency in leveraging AI tools for productivity across design, debug, and documentation workflows is required.
Responsibilities
  • Own the micro-architecture and RTL implementation of digital soft IP blocks, including CSR/register file, clocking control logic, management bus interfaces, and control state machines, in synthesizable SystemVerilog.
  • Define and document block-level architecture specifications and interface control documents, serving as the authoritative reference for digital design intent.
  • Define the clock-domain-crossing strategy for digital blocks and ensure clean closure using standard analysis tools.
  • Coordinate with the analog design lead on top-level chip integration, analog/digital partitioning, and chip boundary interface definitions.
  • Execute logic synthesis using Synopsys Design Compiler or Cadence Genus and optimize toward power, performance, and area targets.
  • Develop and maintain block-level SDC constraints; execute and close static timing analysis using PrimeTime or Tempus across required corners and modes.
  • Serve as the primary digital interface to the layout and implementation team, providing synthesized netlists, SDC constraints, floorplan guidance, and design intent documentation.
  • Review and provide feedback on floorplan decisions, placement constraints, and timing closure results; partner with layout specialists to resolve issues rooted in RTL or constraints.
  • Coordinate with the verification team on scan chain insertion, DFT strategy, and ATPG planning.
  • Participate directly in place-and-route and physical verification flows where bandwidth and experience allow.
  • Self-verify RTL through block-level simulation using VCS or Xcelium, waveform debug using Verdi or DVE, and directed testing before engaging the verification team.
  • Write SystemVerilog Assertions for critical control sequences and protocol compliance.
  • Collaborate with the Design Verification Engineer on the block-level verification plan, testbench coverage, and bug resolution.
  • Support GLS and timing simulation using released netlists and SPF/parasitics; assist lab bring-up with simulation waveforms and register-level debug.
  • Maintain block specifications, SDC rationale, implementation guidance, and ECO history as institutional knowledge for follow-on chip development.
Desired Qualifications
  • Experience working within a custom mixed-signal design team, collaborating with analog designers, layout engineers, and characterization specialists.
  • Hands-on experience with place-and-route using Cadence Innovus or equivalent and physical verification sign-off using Mentor Calibre; full front-to-back implementation experience is strongly encouraged.
  • Experience with mixed-signal or PHY-adjacent chip implementation, including analog/digital partitioning, analog supply isolation, and mixed-signal physical integration.
  • Familiarity with high-speed PHY architectures such as SerDes or DDR.
  • Familiarity with digital infrastructure for observability and silicon characterization, including PRBS generators, error counters, monitor interfaces, debug registers, and support for first-silicon bring-up.
  • Familiarity with I2C management bus, Eye Monitor control logic, or PRBS-based error counting.
  • Familiarity with DFT methodologies, including scan insertion, ATPG planning, and boundary scan.
  • Experience with GLS flows using Liberty models and SPF parasitics.
  • Familiarity with formal property verification using JasperGold or VC Formal.
  • Prior experience in a small team or startup-like environment.

About the company

Micron Technology designs and manufactures memory and storage chips, mainly DRAM and NAND flash, used in data centers, PCs, phones, cars and industrial equipment. It is one of only three companies that make HBM, the stacked high-bandwidth memory placed beside processors in AI servers, and it is the largest memory chipmaker based in the United States. Unlike chip designers that outsource production, Micron runs its own fabs and assembly sites in the United States and across Asia. It earns money by selling chips, memory modules and solid-state drives to cloud providers, device makers and distributors. Micron was founded in 1978 and is headquartered in Boise, Idaho.

Company Size

10,001+

Company Stage

IPO

Headquarters

Boise, Idaho

Founded

1978

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Simplify's Take

What believers are saying

  • Demand is surging: in September 2026, Micron reported fiscal 2026 revenue of $133.19 billion, up from $37.38 billion.
  • Boise is hiring: in August 2026, Micron planned about 3,500 direct jobs at two Idaho fabs opening from 2027.
  • Sales are locked in early: by October 2026, most of Micron's 2027 HBM supply was contracted at higher prices.

What critics are saying

  • Revenue is concentrated: about half of Micron's sales came from its top ten customers in each of three years.
  • Departing engineers face scrutiny: in September 2026, Micron sued rival YMTC for hiring away at least 20 engineers.
  • Boise is feeling the strain: an August 2026 report found the $50 billion Idaho buildout straining local infrastructure.

What makes Micron Technology unique

  • AI memory is a three-player club: only Micron, SK hynix and Samsung make HBM, the stacked memory inside AI servers.
  • It owns its factories: Micron makes chips in Taiwan, Singapore, Japan, the U.S., Malaysia, China and India.
  • Data centers drive the business: its two data center units made $34.28 billion of quarterly revenue reported September 2026.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Disability Insurance
  • Parental Leave
  • Unlimited Paid Time Off
  • Paid Holidays
  • Flexible Work Hours

Growth & Insights and Company News

6 month growth

8%

1 year growth

7%

2 year growth

7%
Yahoo Finance
Oct 28th, 2026
Cramer dislikes that Micron mirrors SK Hynix, which posted record $62.8B quarterly profit

CNBC host Jim Cramer says Micron Technology trades in step with South Korea's SK Hynix, and he dislikes it. Answering a viewer on Mad Money, he said: "I'm hoping the linkage ends one day, but it hasn't yet." The pattern held on October 13, when SK Hynix closed 10.09% lower in Seoul and Micron's US shares sank about 5%. Wall Street had already declined that Monday, so the influence may run both ways. Both firms also sell high-bandwidth memory chips into the same AI-driven demand cycle. On October 28, SK Hynix reported record third-quarter operating profit of 83.33 trillion won ($62.8 billion), up 632% year on year. That beat the 76.96 trillion won consensus. SK Hynix's American depositary receipts debuted on Nasdaq in July, which could deepen the overlap.

Yahoo Finance
Oct 27th, 2026
Micron ties quarterly bonuses to profit from fiscal 2027 as $1T chipmaker posts $54.2B quarter

Micron Technology has unveiled a global employee bonus plan that ties quarterly payouts to company profits. From fiscal 2027, eligible staff will receive bonuses based on a formula that considers profit after tax and projected capital spending, split equally between cash and shares. The move follows months of pressure from Micron's Taiwan workforce for a bigger share of its AI-fuelled profits. The plan could help retain talent, but it adds a cost tied directly to profitability. Micron reported fiscal fourth-quarter revenue of $54.2 billion, up 379.1% year-on-year. Full-year revenue rose 256% to $133.2 billion. The shares have fallen 16.5% over the past month, though they are up 312.6% over the past year.

Yahoo Finance
Oct 26th, 2026
Micron gains as Bank of America keeps $1,550 target after executive meetings

Micron shares rose 2% after Bank of America analyst Vivek Arya met the company's executives and became "incrementally more positive on memory." He kept his Buy rating and $1,550 price target, 77% above Friday's close. SK hynix rose 3%. Customer deals for memory now run three to five years, rather than a year or less. Micron has signed 26 of them, covering over 35% of revenue through 2030, and it aims for about half. Arya estimates Micron could generate $150 billion to $200 billion of free cash flow a year in 2027 and 2028, versus $59.0 billion in fiscal 2026. Its buyback of up to $35.2 billion can start on December 9. Micron trades at 5.0x forward earnings, near levels seen before past revenue slumps.

Yahoo Finance
Oct 26th, 2026
Micron's operating margin hits 74.6% on $54.2B quarterly sales, but can the stock fall 30%?

Micron Technology's operating margin hit 74.6% over the twelve months ended September 3, 2026, up from 26.1% a year earlier. That is its highest in 40 fiscal quarter ends since fiscal Q1 2017, and it puts the stock's risk of a 30% fall in focus. Sales reached $54.2 billion in fiscal Q4 2026, up 379.3% year on year. Over the latest twelve months, Micron earned $99.3 billion of operating profit on $133 billion of sales. Management ties the margin to memory prices, which it expects to keep rising, but more slowly. It expects tight supply through 2028. Micron held $43.4 billion of cash and short-term investments against $5.18 billion of debt. Its shares have fallen 18.8% over the month to October 23, 2026. Fiscal Q1 2027 results are expected in December 2026.

U.S. Securities and Exchange Commission
Oct 25th, 2026
EDGAR Filing Documents for 0001766705-21-000001

EIN.: 832825231 | State of Incorp.: DE | Fiscal Year End: 1231Type: D | Act: 33 | File No.: 021-401772 | Film No.: 21995527