Micron at a glance
As of- [1] Market cap: companiesmarketcap.com, September 5, 2026
- [2] Revenue: GlobeNewswire (Micron press release), September 23, 2025
- [3] Founded: Wikipedia (retrieved September 5, 2026)
- [4] Headquarters: Wikipedia (retrieved September 5, 2026)
What Micron does
Micron began in 1978 as a four-person semiconductor design company in the basement of a dental office in Boise, Idaho.[1] It became a publicly traded company on Nasdaq in 1984, the same year it introduced what it called the world's smallest 256K DRAM.[2] Net capital expenditures were $10.77 billion in the quarter and $27.37 billion for the year.[3] In 2026 Micron also announced Micron Research Labs in Boise, with a planned investment of about $10 billion over the next decade.[4] In March 2026 it bought a wafer fab in Tongluo, Taiwan, from Powerchip Semiconductor Manufacturing for $1.8 billion in cash.[4] Micron invests in startups through Micron Ventures, a $550 million fund for early-stage deep tech founders working on compute infrastructure and AI.[5]
Business model and customers
In its fiscal fourth quarter ended September 3, 2026, revenue was $54.23 billion, up from $11.32 billion a year earlier.[3] Full-year fiscal 2026 revenue was $133.19 billion, compared with $37.38 billion the year before, and GAAP net income was $84.97 billion.[3] For the first quarter of fiscal 2027, Micron guided to revenue of $61.5 billion, plus or minus $1.5 billion.[3]
Leadership
- Micron's chief executive, Sanjay Mehrotra, has invested personally in startups, including AI software company Hang Ten.[6]
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Company Snapshot
Micron is a Semiconductors company, based in Boise, Idaho, USA, founded 1978 by Ward Parkinson, Joe Parkinson, Dennis Wilson, Doug Pitman.
Recent changes
- Sep 22, 2026Sep 22, 2026SanDisk, Micron Surge As Memory Crunch Hits Nasdaq High Pulse story
- Sep 5, 2026Sep 5, 2026First reported market cap: $1.148T companiesmarketcap.com
- May 28, 2026May 28, 2026Invested in Anthropic (Series H, $65B) TechCrunch
- Sep 23, 2025Sep 23, 2025First reported revenue: $37.4B (FY2025) GlobeNewswire (Micron press release)
How Micron has been funded
On October 22, 2026, Nasdaq data put its market value at $969.05 billion.[7] Micron also joined Anthropic's May 2026 funding round as a strategic infrastructure partner, alongside Samsung and SK Hynix.[8],[3] That round raised $65 billion at a $965 billion post-money valuation.[8]
Latest Pulse
- Oct 13, 2026Applied Materials Opens $5B Chip Lab To Halve R&D TimeApplied Materials unveiled its $5 billion EPIC semiconductor research facility in Sunnyvale, aiming to cut chip development from 10-12 years to as little as six, with Intel, TSMC, Micron, SK Hynix and Samsung working on site as partners, Fortune reported.→
- Sep 22, 2026SanDisk, Micron Surge As Memory Crunch Hits Nasdaq HighSanDisk jumped more than 8% past $1,900 a share and Micron and SK Hynix also rallied as tight AI-driven memory chip supply pushed the Nasdaq Composite to a record close.→
- Sep 16, 2026Vishal Sikka's Hang Ten Adds $53M, $85M Total In 4 MonthsVishal Sikka's four-month-old enterprise AI startup Hang Ten Systems has raised $85 million total after a $53 million extension led by Temasek's Xora.→
- Sep 14, 2026Chips Sank And Hyperscalers Rose On Amodei's AI EssayMarkets repriced the AI trade along a single fault line after Dario Amodei's pacing essay: semiconductor names fell hard while Alphabet, Microsoft and Meta gained.→
- Sep 14, 2026The 'Killer AI' Doom Talk Is A Moat, And I Am Not Buying ItThe loudest warnings about existential AI risk come from the firms best positioned to absorb the rules those warnings justify, and the effect on early-stage competition is the part nobody in the debate is pricing.→
- Sep 13, 2026Why The AI Bosses Started Warning About AIA cluster of safety warnings from the people running the largest AI labs arrived within days of each other, and the reasons are commercial, regulatory and technical at once rather than a single change of heart.→
- Sep 9, 2026Samsung Deepens Chip Ties With OpenAISamsung and OpenAI are expanding a partnership covering memory supply and foundry capacity for OpenAI's next-generation AI accelerator, code-named Habanero, as OpenAI tries to cut its dependence on Nvidia and TSMC.→
- Sep 7, 2026DRAM Prices Are the Quiet Tax on the AI BuildoutDRAM contract prices are forecast to rise 13% to 18% in the third quarter, a smaller jump than earlier in the AI buildout but still a persistent cost layer on every server, phone and PC shipped this year.→
- Aug 31, 2026TSMC's $64 Billion Bet and the Memory Bottleneck AheadTSMC raised its 2026 capital budget to as much as $64 billion on surging AI chip demand -- but the real constraint on 2027 AI hardware isn't fab capacity anymore, it's the memory that sits next to the chip.→
- Aug 24, 2026Amazon Hikes Hardware Prices 60% on Memory ShortageAmazon has raised prices on its own hardware devices by roughly 60%, citing the ongoing memory shortage, passing chip-side cost inflation straight to consumers.→
Coverage Timeline
newest first- Sep 22, 2026BIG TECHSanDisk, Micron Surge As Memory Crunch Hits Nasdaq HighSanDisk +8% to $1,900+→
- Sep 14, 2026IPOChips Sank And Hyperscalers Rose On Amodei's AI EssayNvidia -3%, Micron -6%→
- Aug 20, 2026AIMicron CEO: AI Broke the Memory Industry's Boom-Bust Cycle→
- Aug 17, 2026AIAI Chip Stocks Rally as Anthropic's Blowout Quarter Lands→
- Jul 28, 2026BIG TECHChip Stock Rout Spreads From Seoul to Wall Street, Erases $1T+→
- Jul 28, 2026IPOChina's CXMT Triples To $540B, Erasing Chip Rivals' Gains~$540B Market Cap→
- Jul 27, 2026IPOMemory Stocks Slide As CXMT's IPO Rattles Market→
- Jul 6, 2026FUNDINGUS Investors Get Direct Access to Memory Maker SK HynixNew US access to top HBM supplier→
All Coverage
BIG TECHSanDisk +8% to $1,900+
SanDisk, Micron Surge As Memory Crunch Hits Nasdaq High
SanDisk jumped more than 8% past $1,900 a share and Micron and SK Hynix also rallied as tight AI-driven memory chip supply pushed the Nasdaq Composite to a record close.
DEEP DIVE
Chips Sank And Hyperscalers Rose On Amodei's AI Essay
IPONvidia -3%, Micron -6%
Chips Sank And Hyperscalers Rose On Amodei's AI Essay
Markets repriced the AI trade along a single fault line after Dario Amodei's pacing essay: semiconductor names fell hard while Alphabet, Microsoft and Meta gained.
FOLLOW-UP
Micron CEO: AI Broke the Memory Industry's Boom-Bust Cycle
AI
Micron CEO: AI Broke the Memory Industry's Boom-Bust Cycle
Micron CEO Sanjay Mehrotra says AI demand has structurally changed memory economics, with data-center customers wanting 50% more supply than Micron can commit, as the company's $50B Boise, Idaho buildout adds more than 17,000 regional jobs.
DEEP DIVE
AI Chip Stocks Rally as Anthropic's Blowout Quarter Lands
AI
AI Chip Stocks Rally as Anthropic's Blowout Quarter Lands
Micron and Sandisk led premarket gains Monday after Anthropic's Q2 revenue surge bolstered the market's view that AI infrastructure spending will keep climbing rather than plateau.
DEEP DIVE
Chip Stock Rout Spreads From Seoul to Wall Street, Erases $1T+
BIG TECH
Chip Stock Rout Spreads From Seoul to Wall Street, Erases $1T+
A memory-chip selloff that began with a 10.8% Kospi plunge spread into US markets this week, with Micron and AMD down 10-11%, Intel down 8%, and more than $1 trillion wiped from chip-related names in a single session.
China's CXMT Triples To $540B, Erasing Chip Rivals' Gains
IPO~$540B Market Cap
China's CXMT Triples To $540B, Erasing Chip Rivals' Gains
ChangXin Memory Technologies surged more than 500% on its Shanghai STAR Market debut to roughly $540 billion, sending SanDisk down 12%, Micron down 5% and SK Hynix down 6-8% in the same session.
Memory Stocks Slide As CXMT's IPO Rattles Market
IPO
Memory Stocks Slide As CXMT's IPO Rattles Market
Micron, SanDisk and SK Hynix shares all fell after CXMT's explosive Shanghai IPO debut intensified fears of a looming DRAM supply glut and price war.
US Investors Get Direct Access to Memory Maker SK Hynix
FUNDINGNew US access to top HBM supplier
US Investors Get Direct Access to Memory Maker SK Hynix
US investors will soon gain direct access to South Korea's SK Hynix, the world's largest HBM memory supplier for AI accelerators, as it pursues a US listing vehicle to ride the same AI memory boom lifting Samsung and Micron.
Value Add Research
- Market & Trends · Oct 18, 2026CXMT IPO 2026: $8.6B Raise to a $524B Cap Over Tencent
- Market & Trends · Oct 15, 2026CXMT vs Micron in 2026: China's DRAM Challenge
- AI & Technology · Oct 5, 2026Nvidia DGX Spark 64GB: $4,999 Amid an AI Memory Shortage
- AI & Technology · Sep 12, 2026Positron AI Valuation: $875M Series C at $5B, Up From $1.06B
- AI & Technology · Aug 27, 2026Eliyan Valuation 2026: $1B After a $145M Series C
- AI & Technology · Jul 28, 2026Who's Actually Shipping AI Chips? 2026 Supply Ranked
- Market & Trends · Jul 15, 202650%+ Huawei — China AI Chip Market After Ban
- VC & Investing · Jul 15, 2026$26.5B SK Hynix — Largest Foreign US IPO Ever
Related Companies
Micron FAQ
What is Micron's market cap?
On October 22, 2026, Nasdaq data put its market value at $969.05 billion.[7]
How much revenue does Micron make?
For the first quarter of fiscal 2027, Micron guided to revenue of $61.5 billion, plus or minus $1.5 billion.[3]
Who is the CEO of Micron?
Micron's chief executive, Sanjay Mehrotra, has invested personally in startups, including AI software company Hang Ten.[6]
Is Micron a public company?
Micron became a publicly traded company on Nasdaq in 1984, the same year it introduced what it called the world's smallest 256K DRAM.[2]
What is Micron's revenue?
Micron's most recent revenue figure is $37.4B (FY2025), reported by GlobeNewswire (Micron press release), September 2025.
When was Micron founded and where is it based?
Micron was founded in 1978 and is headquartered in Boise, Idaho, USA, according to Wikipedia.
References
researched 2026-10-24Sources & methodologyshow
Where these figures come from
- GlobeNewswire (Micron press release)primary source1 fact
- companiesmarketcap.comresearch database1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.