Micron Technology Files 8-K Report

Ticker: MU · Form: 8-K · Filed: 2024-04-11T00:00:00.000Z

Sentiment: neutral

Topics: sec-filing, regulation-fd

Related Tickers: MU

TL;DR

MU filed an 8-K, standard procedure, no major news.

AI Summary

On April 10, 2024, Micron Technology, Inc. filed an 8-K report to disclose information under Regulation FD. The filing does not contain specific financial figures or material events beyond the standard reporting requirements for the date.

Why It Matters

This filing indicates Micron Technology is adhering to its reporting obligations with the SEC, providing transparency to investors.

Risk Assessment

Risk Level: low — The filing is a routine 8-K report and does not disclose any new material information or events that would inherently increase risk.

Key Players & Entities

FAQ

What is the purpose of this 8-K filing for Micron Technology?

The purpose of this 8-K filing is to report information under Regulation FD as of April 10, 2024.

What is the filing date for this 8-K report?

The filing date for this 8-K report is April 11, 2024, with the earliest event reported as April 10, 2024.

What is Micron Technology's principal executive office address?

Micron Technology's principal executive offices are located at 8000 South Federal Way, Boise, Idaho 83716-9632.

What is Micron Technology's telephone number?

Micron Technology's telephone number, including area code, is (208) 368-4000.

Does this 8-K filing disclose any specific material events or financial results?

Based on the provided text, this 8-K filing is a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 and does not detail specific material events or financial results beyond the reporting requirement itself.

Filing Stats: 759 words · 3 min read · ~3 pages · Grade level 12.9 · Accepted 2024-04-10 21:06:30

Key Financial Figures

Filing Documents

01

Item 7.01 Regulation FD Disclosure On April 10, 2024, Micron Technology, Inc. (the "Company", "we" or "our") announced further information regarding the impact of the April 3, 2024 earthquake in Taiwan on the Company's operations and supply chain. As the Company announced in its press release issued April 3, 2024, all Micron team members are safe. The Company further notes that there is no permanent impact on facilities, infrastructure or tools and there is no impact to our long-term DRAM supply capability. As of the date hereof, Micron is not yet at full DRAM production following the earthquake, but its fab activity is recovering well, aided by the dedicated efforts of its Taiwan operations team. Micron believes that past investment to make its infrastructure more robust and resilient has been beneficial in this recovery. Micron currently estimates that the earthquake will result in an impact of up to a mid-single digit percentage of a calendar quarter's Company-level DRAM supply.

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K contains forward-looking statements regarding the expected impact of the earthquake in Taiwan on the Company, including its facilities, infrastructure, tools, supply capability and fab activity, as well as the impact of the earthquake on DRAM supply. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially. Please refer to the documents we file with the Securities and Exchange Commission, including our most recent Form 10-K and Form 10-Q. These documents contain and identify important factors that could cause our actual results to differ materially from those contained in these forward-looking statements. These certain factors can be found at investors.micron.com/risk-factor. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. We are under no duty to update any of the forward-looking statements to conform these statements to actual results. The information in Item 7.01 of this Current Report on Form 8-K shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section. The information in Item 7.01 of this Current Report on Form 8-K shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing or document. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MICRON TECHNOLOGY, INC. Date: April 10, 2024 By: /s/ Michael Ray Name: Michael Ray Title: Senior Vice Presid

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