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Micron Technology

Makes memory and storage chips for AI and PCs

Principal Engineer - SSD Hardware Design

Full-TimeUpdated
No salary listed
Expert
Bachelor's, Master's
Bengaluru, Karnataka, India
In Person
Hardware EngineeringBoard & Electronics Design

About the job

Requirements
  • In-depth knowledge of PCIe Gen5 and Gen6 interfaces, PCIe Base and CEM specifications, LPDDR4/5, and NAND memories; ONFI interface knowledge is preferred.
  • Strong knowledge of DC-DC converters, buck and boost converters, PMICs, Power Loss Protection, LDOs, and load switch devices.
  • Thorough understanding of signal integrity, power integrity, and electromagnetic compatibility requirements.
  • Hands-on experience taking measurements with low- and high-end oscilloscopes, power analyzers, logic analyzers, and PCIe analyzers.
  • Experience in hardware design, worst-case analysis, simulations, schematic capture, and de-rating, with ownership of SSD hardware through the product lifecycle.
  • Hands-on experience in hardware validation and characterization of DC-DC converters, LDOs, and PMIC devices; I2C/I3C, SMBus, LPDDR5, and PCIe interfaces; and automation using Python and AI tools.
  • Experience with PCB back-end processes, including defining stack-up and via technologies, setting design constraints, and performing signal- and power-integrity analysis.
  • Bachelor's or master's degree in Electronics Engineering, Electrical Engineering, or a related field.
  • At least 10 years of experience in hardware design, validation, debugging, and root-cause analysis of hardware and system-related issues.
  • Strong verbal and written communication skills to collaborate effectively with team members and stakeholders across geographic centers.
  • Comfort using AI tools.
Responsibilities
  • Simulate and analyze design proposals, review results, and recommend optimal design practices to other design engineers.
  • Document and communicate results with cross-functional counterparts.
  • Work proactively with cross-functional team members during design, verification, and validation.
  • Lead the design and development of Solid State Drives (SSDs) in EDSFF (E3.S, E1.L, E3.L) and U.2 form factors, daughter cards, evaluation boards, and test boards.
  • Ensure designs comply with industry standards, including IPC, and regulatory requirements, including UL and IEC.
  • Maintain detailed design documentation, test reports, FMEA analysis reports, and testing procedures.
  • Collaborate with engineering teams, including simulation (SI/PI), mechanical engineering, and firmware validation teams, and with Micron teams across geographies and time zones.
  • Participate in internal technical, DFM/DFA, continuous improvement, and industry-standard meetings as necessary.
Desired Qualifications
  • Knowledge of the ONFI interface.
  • Experience automating hardware validation tests and hands-on Python coding for automation.

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