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Micron Technology

Makes memory and storage chips for AI and PCs

Advanced DRAM Cell & Device Technology Intern

InternshipUpdated on 10/21/2026
No salary listed
Master's, PhD
Boise, ID, USA
In PersonBoise R&D site.
Hardware EngineeringHardware Validation & Testing

About the job

Requirements
  • Currently pursuing an M.S. or Ph.D. in Electrical Engineering, Materials Science, Applied Physics, Chemical Engineering, or a related technical field, and must not graduate before September 2027.
  • Demonstrated understanding of semiconductor fundamentals, including device physics, materials science, characterization techniques, and concepts relevant to advanced memory technologies.
  • Experience with electrical characterization, device testing, statistical analysis, and interpretation of experimental or simulation data sets.
  • Familiarity with DRAM operational concepts, including activation, sensing, retention, and disturb mechanisms.
  • Proficiency with data analysis and scripting tools such as Python, MATLAB, JMP, or similar platforms, along with familiarity with AI-assisted engineering and data analysis tools.
Responsibilities
  • Support evaluation of DRAM access devices, capacitors, and cell stack elements through characterization, data analysis, and assessment of new device architectures, materials systems, and integration schemes.
  • Design and implement silicon experiments; perform electrical, physical, and materials characterization along with statistical analysis to identify opportunities for device, process, and design improvements.
  • Analyze device- and array-level behavior, including sensing margins, activation characteristics, disturb mechanisms, retention performance, leakage behavior, and read/write operation interactions.
  • Collaborate with modeling, design, process integration, and manufacturing teams to understand device behavior, support technology optimization, and contribute to technology development activities.
  • Apply AI-assisted and generative AI tools, where appropriate, to enhance data analysis, workflow efficiency, and technical decision-making.
Desired Qualifications
  • Experience in DRAM or NAND device development, characterization, or technology research.
  • Hands-on experience with semiconductor materials characterization, process development, thin film engineering, interface engineering, TCAD simulation, and/or advanced memory technology research.
  • Knowledge of semiconductor fabrication processes, advanced BEOL integration, reliability mechanisms, and device variation analysis.
  • Experience conducting independent research projects and effectively communicating technical results to diverse audiences.
  • Experience using AI, large language models, AI-enabled analytics, or AI-supported engineering workflows to improve research productivity and technical insights.

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

Headcount

6 month growth

7%

1 year growth

7%

2 year growth

7%
MarketScreener
Oct 20th, 2026
Micron backs Indium Corporation's New York critical minerals revival, part of $3B supply-chain plan

Micron Technology has invested in Indium Corporation to restart critical minerals processing in Rome, New York. The deal is part of Micron's plan, announced in July, to invest up to $3 billion in the US semiconductor supply chain. Micron will provide funding for Indium to expand its refining and manufacturing operations. The companies will sign a long-term supply agreement giving Micron access to high-purity minerals used in advanced memory chips. The investment aims to reduce reliance on concentrated global refining capacity. Micron has also raised its expected US fab and technology spending to more than $250 billion through 2035. "Securing these inputs is essential to Micron's long-term growth and technology roadmap," said Ben Tessone, chief procurement officer at Micron.

Yahoo Finance
Oct 20th, 2026
Wall Street's top trillion-dollar stock pick is Micron, with 70% upside to a $1,575 target

Wall Street analysts see Micron Technology as the best of the 13 US-listed stocks worth at least $1 trillion. Among 56 analysts, the median target price is $1,575 a share, implying 70% upside from $925. Broadcom's median target is $525, or 54% above $329. Nvidia's is $320, or 45% above $219. Micron's profits are soaring on a memory chip shortage driven by demand for artificial intelligence infrastructure. September quarter revenue rose 379% to $54 billion, and non-GAAP earnings reached $33.42 a diluted share, from $3.03 a year earlier. Risks remain. New capacity could cause oversupply by 2029, and prices fell about 70% in the last downturn. Micron trades at 12 times earnings, against 6 times at the last cycle's low.

Yahoo Finance
Oct 20th, 2026
Micron up 350%, but SK Hynix, Sandisk and Astera Labs may offer faster growth

Micron's stock has risen about 350% in a year, but three rival memory stocks may offer better value, according to one analyst view. SK Hynix posted second-quarter revenue of 79.3 trillion Korean won (about $54.9 billion), up 257% year over year and 51% sequentially. Micron grew 31% sequentially. SK Hynix also has a lower market cap and a more attractive P/E ratio. Sandisk shares have surged more than 800% in a year. It expects fiscal 2027 first-quarter revenue of up to $10.8 billion, or 20.4% sequential growth. Astera Labs, which builds rack-scale AI infrastructure, more than doubled its second-quarter sales. It guides to $550 million in third-quarter sales at the midpoint, a 40.2% sequential rise.

Yahoo Finance
Oct 19th, 2026
US stock futures rise as chipmakers rebound ahead of Big Tech earnings

US stock futures rose on Monday as investors bought beaten-down chipmakers ahead of a busy week of corporate earnings. December S&P 500 E-Mini futures gained 0.52% and Nasdaq 100 E-Mini futures rose 1.11%. In pre-market trading, Intel climbed over 4%, Marvell Technology more than 3%, and Micron Technology over 2%. Last week's rout in chip and AI stocks had hit Wall Street's major averages on Friday. Meta Platforms and Tesla headline this week's earnings. Bloomberg Intelligence expects S&P 500 companies to post an average 25% jump in third-quarter earnings from a year earlier. The yield on the 10-year Treasury note stood at 5.08%. Cleveland-Cliffs jumped over 13% pre-market after swinging to a third-quarter profit.

Yahoo Finance
Oct 18th, 2026
Musk praises Micron's fair pricing as it posts $54.23B quarterly revenue despite China fears

Elon Musk praised Micron Technology for keeping memory prices reasonable while rivals "got greedy," calling competitors extortionists in a post on X. Micron's high-bandwidth memory is used in chips inside Musk's xAI data centres near Memphis, though no direct deal has been announced. Micron's shares have fallen about 16% from recent highs on fears over Chinese rival CXMT, which unveiled a next-generation DRAM design. Mizuho called the threat overblown, and Rosenblatt called the sell-off unjustified. Fiscal fourth-quarter revenue rose 379% to $54.23 billion from $11.32 billion a year earlier. Net income reached $37.70 billion, and adjusted earnings per share were $33.42, against expectations of $31.61. Micron guided first-quarter fiscal 2027 revenue to $61.5 billion. JPMorgan said it has signed 26 long-term supply deals.