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Micron Technology

From Wikipedia, the free encyclopedia
For other uses, see Micron (disambiguation).
Not to be confused with Mikron Group, a Russian company, or JMicron, a Taiwanese company.
Micron Technology, Inc.
Company typePublic
IndustrySemiconductors
FoundedOctober 5, 1978;
45 years ago (1978-10-05)
Founders
  • Ward Parkinson
  • Joe Parkinson
  • Dennis Wilson
  • Doug Pitman
Headquarters8000 S. Federal Way,
Boise, ID 83716
,
United States
Area served
Worldwide
Key people
Products
Brands
  • Micron
  • Ballistix Gaming
  • Crucial
  • SpecTek
RevenueDecrease US$15.54 billion (2023)
Decrease −US$5.75 billion (2023)
Decrease −US$5.83 billion (2023)
Total assetsDecrease US$64.25 billion (2023)
Total equityDecrease US$44.12 billion (2023)
Number of employees
43,000 (2023)
Websitemicron.com
Footnotes / references
Financials as of August 31, 2023[2]
DDR4 RDIMM featuring both Micron logo (far left) and Crucial logo (centre right)
Crucial-branded 525GB solid state drive
Lexar SDXC UHS-II memory card (front and back) manufactured while the company was owned by Micron
Crucial-branded SD memory cards from 2007

Micron Technology, Inc. (Nasdaq: MU), is an American producer of memory and data storage solutions, including dynamic random-access memory (DRAM), flash memory and solid-state drives (SSDs). It is one of the world’s largest semiconductor companies and the only U.S.-based manufacturer of memory.

For over 45 years, Micron has delivered memory and storage systems for a broad range of applications. Through the global brands — Micron and Crucial® — the company offers a broad portfolio of major memory and storage technologies, including DRAM, NAND and NOR memory and storage products. Micron’s consumer products, including the Ballistix line of memory modules, are marketed under the Crucial brand.

Today, Micron’s memory and storage solutions enable AI (artificial intelligence) and compute intensive applications across data centers, the intelligent edge and consumer devices for an array of industries including healthcare, automotive and communications.

Micron’s leading products include the following:

  • HBM3E (high-bandwidth memory) in graphics processing units (GPUs) for data flow into generative AI models.
  • Micron 9400 NVMe™ SSDs for increased capacity in PCIe® Gen4 storage.
  • Universal Flash Storage (UFS) for high-performance storage in smartphones and in automotive and computing systems.
  • LPDDR5X (low-power double-data rate) for mobile phones and thin laptops.
  • LPCAMM2 memory for notebooks with longer battery life and modularity.
  • GDDR7 ultra-bandwidth memory for an increased input/output (I/O) rate in data-hungry workloads.
  • Memory expansion modules using CXLTM to balance the compute and memory scaling gap.
  • High-capacity DIMMs with single-die packaging deliver lower costs with less power consumption.
  • 276-layer NAND technology for more bits per square millimeter of silicon to increase density and decrease cost per bit.
  • JEDEC-compliant ASIL-D ISO 26262 certified memory products for automotive.

From its roots in Boise, Idaho, Micron has grown into a global presence, with team members in 17 countries, including the Americas, Asia-Pacific, Europe, and the Middle East. With support from a $6.1 billion grant made possible by the CHIPS and Science Act of 2022, Micron plans to invest $50 billion in gross capital expenditures (capex) for U.S. domestic leading-edge memory manufacturing through 2030. Memory fabs in Idaho and New York are expected to create approximately 75,000 direct and indirect jobs across the U.S. semiconductor supply chain.

Micron and Intel together created IM Flash Technologies, which produced NAND flash memory. In addition, Micron owned Lexar between 2006 and 2017.

Co-location of research and development (R&D) and manufacturing in Idaho and high-volume manufacturing in New York helps to ensure U.S. leadership in memory development and manufacturing, underpinning a national supply chain and R&D ecosystem.

Company history

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1978–1999

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Micron was founded in Boise, Idaho, in 1978[3] by Ward Parkinson, Joe Parkinson, Dennis Wilson, and Doug Pitman as a semiconductor design consulting company.[4] Startup funding was provided by local Idaho businessmen Tom Nicholson, Allen Noble, Rudolph Nelson, and Ron Yanke. Later it received funding from Idaho billionaire J. R. Simplot, whose fortune was made in the potato business. In 1981, the company moved from consulting to manufacturing with the completion of its first wafer fabrication unit ("Fab 1"), producing 64K DRAM chips.

In 1984 the company had its initial public offering.[5]

Micron sought to enter the market for RISC processors in 1991 with a product known as FRISC, targeting embedded control and signal processing applications. Running at 80MHz and described as "a 64-bit processor with fast context-switching time and high floating-point performance", the design supported various features for timely interrupt handling and featured an arithmetic unit capable of handling both integer and floating-point calculations with a claimed throughput of 80MFLOPS for double-precision arithmetic. Micron aimed to provide a "board-level demonstration supercomputer" in configurations with 256MB or 1GB of RAM.[6] Having set up a subsidiary and with the product being designed into graphics cards and accelerators, Micron concluded in 1992 that the effort would not deliver the "best bang for the buck", reassigning engineers to other projects and discontinuing the endeavour.[7]

In 1994 founder Joe Parkinson retired as CEO and Steve Appleton took over as Chairman, President, and CEO.[3]

A 1996 3-way merger among ZEOS International, Micron Computer, and Micron Custom Manufacturing Services (MCMS) increased the size and scope of the company;[3] this was followed rapidly with the 1997 acquisition of NetFrame Systems, in a bid to enter the mid-range server industry.[8]

Since 2000

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In 2000 Gurtej Singh Sandhu and Trung T. Doan at Micron initiated the development of atomic layer deposition high-k films for DRAM memory devices. This helped drive cost-effective implementation of semiconductor memory, starting with 90nm node DRAM.[1][9] Pitch double-patterning was also pioneered by Gurtej Singh Sandhu at Micron during the 2000s, leading to the development of 30nm class NAND flash memory, and it has since been widely adopted by NAND flash and RAM manufacturers worldwide.[1][10]

In 2002 Micron put its personal computer business up for sale. The company found the business difficult as the number 12 American computer maker with only 1.3 percent of the market.[11]

Micron and Intel created a joint venture in 2005, based in IM Flash Technologies in Lehi, Utah.[12] The two companies formed another joint venture in 2011, IM Flash Singapore, in Singapore.[13] In 2012 Micron became sole owner of this second joint venture.[14] In 2006 Micron acquired Lexar, an American manufacturer of digital media products.[15]

The company again changed leadership in June 2007 with COO Mark Durcan becoming president.[16] In 2008 Micron converted the Avezzano chip fab, formerly a Texas Instruments DRAM fab, into a production facility for CMOS image sensors sold by Aptina Imaging.[17]

In 2008 Micron spun off Aptina Imaging, which was acquired by ON Semiconductor in 2014. Micron retained a stake in the spinoff.[18] However, the core company suffered setbacks and had to layoff 15 percent of its workforce in October 2008,[19][20] during which period the company also announced the purchase of Qimonda's 35.6 percent stake in Inotera Memories for $400 million.[21] The trend of layoffs and acquisitions continued in 2009 with the termination of an additional 2,000 employees,[22][23] and the acquisition of the FLCOS microdisplay company Displaytech.[24] Micron agreed to buy flash-chip maker Numonyx for $1.27 billion in stock in February 2010.[25]

On 3 February 2012 CEO Appleton died in a plane crash shortly after takeoff from the Boise Airport. He was the pilot and sole occupant of the Lancair IV aircraft.[26][27][28] Mark Durcan replaced Appleton as the CEO shortly thereafter,[29] eliminating his former title of President.[30]

In 2013 the Avezzano chip fab was sold to LFoundry.[17] In the 2012 to 2014 period, Micron again went through an acquisition-layoff cycle, becoming the majority shareholder of Inotera Memories, purchasing Elpida Memory[31] for $2 billion and the remaining shares in Rexchip, a PC memory chip manufacturing venture between Powerchip and Elpida Memory for $334 million,[32][33] while announcing plans to lay off approximately 3,000 workers.[34][35] Through the Elpida acquisition, Micron became a major supplier to Apple Inc. for the iPhone and iPad.[31] In December 2016 Micron finished acquiring the remaining 67 percent of Inotera, making it a 100 percent subsidiary of Micron.[36]

In April 2017 Micron announced Sanjay Mehrotra as the new president and CEO to replace Mark Durcan.[37][38] In June 2017 Micron announced it was discontinuing the Lexar retail removable media storage business and putting some or all it up for sale.[39] In August of that year the Lexar brand was acquired by Longsys, a flash memory company based in Shenzhen, China.[40]

On 5 December 2017 Micron sued rivals United Microelectronics Corporation and Fujian Jinhua Integrated Circuit Co. (JHICC) in the United States District Court for the Northern District of California, alleging infringement on its DRAM patents and intellectual property rights.[41] The U.S. Justice Department in 2018 announced an indictment against Fujian Jinhua, and authorities added the Chinese firm to the Entity List the same year. Fujian Jinhua vehemently denied the claims, saying it had not stolen any technology, and that "Micron regards the development of Fujian Jinhua as a threat and adopts various means to hamper and destroy the development of Fujian Jinhua,"[42]

In May 2018 Micron Technology and Intel launched QLC NAND memory to increase storage density.[43] The company ranked 150th on the Fortune 500 list of largest United States corporations by revenue.[44]

In February 2019 the first microSD card with a storage capacity of 1 terabyte (TB) was announced by Micron.[45] As of March 2020 3.84TB Micron 5210 Ion is the cheapest large-capacity SSD in the world.[46] In September 2020 the company introduced the world's fastest discrete graphics memory solution. Working with computing technology leader Nvidia, Micron debuted GDDR6X in the Nvidia GeForce RTX 3090 and GeForce RTX 3080 graphics processing units (GPUs).[47] In November 2020, the company unveiled a new 176-layer 3D NAND module. It offers improved read and write latency and is slated to be used in the production of a new generation of solid-state drives.[48]

On 22 October 2021, Micron closed the sale of IM Flash's Lehi, Utah fab to Texas Instruments for a sale price of US$900 million.[49] With the passage of the CHIPS and Science Act, Micron announced its pledge to invest billions in new manufacturing within the US.[50] In September 2022, Micron announced they would invest $15 billion in a new facility in Boise, Idaho.[51] In October 2022 Micron announced a $100 billion expansion in Clay, New York.[52][53]

In May 2023, the Cyberspace Administration of China barred major Chinese information infrastructure firms from purchasing Micron products, citing significant national security risks.[54] The move was seen as retaliation against US sanctions on China's semiconductor industry and related export controls.[55][54] In November 2023 Chinese chipmaker Yangtze Memory Technologies Corp (YMTC) filed a lawsuit against Micron alleging infringement of eight of its patents.[56]

On February 27, 2024, Judge Maxine Chesney of the U.S. Federal District Court in San Francisco acquitted Fujian Jinhua Integrated Circuit, whom Micron had sued for IP theft, of the charge in a non-jury verdict, believing that there was insufficient evidence to support the charge.[57][58]

Micron Technology owed Netlist $445 million in damages for infringing Netlist's patents related to memory-module technology for high-performance computing. The jury found that Micron's semiconductor-memory products violated two of Netlist's patents willfully, potentially allowing the judge to triple the damages. Netlist had sued Micron in 2022, accusing three of its memory-module lines of patent infringement, which Micron denied, also arguing the patents' invalidity. The U.S. Patent and Trademark Office invalidated one patent in April 2024.[59]

In 2024, Micron announced a $50 billion in gross capex investment for U.S. domestic leading-edge memory manufacturing through 2030. Aided by a $6.1 billion CHIPS grant, these grants will support construction of one memory manufacturing fab in Boise, Idaho, and construction of two leading-edge memory fabs in Clay, New York. The Idaho fab is expected to be operational in calendar year 2025, with DRAM output starting in 2026. In New York, construction of the first fab is expected to begin in 2025 and contribute to output in 2028.

This capex investment is the first step in Micron's vision for a potential investment of up to $125 billion in memory manufacturing over the next 20-plus years. These facilities are expected to create approximately 75,000 U.S. jobs, build supply chain resilience, and ensure U.S. economic and national security that will drive America’s technology leadership.

Corporate affairs

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Board of directors

[edit]

Micron is run by a board of directors that includes the following members: Robert E. Switz, Richard M. Beyer, Lynn A. Dugle, Steve Gomo, Linnie Haynesworth, Mary Pat McCarthy, Sanjay Mehrotra, Bob Swan, and MaryAnne Wright.

Executive leadership

[edit]
  • Sanjay Mehrotra (President and Chief Executive Officer)
  • April Arnzen (Executive Vice President and Chief People Officer)
  • Manish Bhatia (Executive Vice President, Global Operations)
  • Scott J. DeBoer (Executive Vice President, Technology and Products)
  • Mark Murphy (Executive Vice President and Chief Financial Officer)
  • Sumit Sadana (Executive Vice President and Chief Business Officer)
  • Mike Bokan (Senior Vice President, Worldwide Sales)
  • Michael Ray (Senior Vice President, Chief Legal Officer and Corporate Secretary)

Subsidiaries

[edit]

Micron owns multiple entities around the globe:

  1. Micron Technology, Inc.
  2. Micron Europe Limited
  3. Micron Semiconductor Products, Inc.
  4. Micron Consumer Products Group, Inc.
  5. Micron Technology Asia Pacific, Inc.
  6. Micron Technology Belgium BVBA
  7. Elements Properties, LLC
  8. Technology No. 3, LLC
  9. Micron Federal Systems, Inc.
  10. Micron Technology Services, Inc.
  11. Micron Technology Texas, LLC
  12. TiDAL Systems, Ltd.
  13. Micron Semiconductor Korea Co., Ltd.
  14. Micron Technology Canada, Inc.
  15. Micron Semiconductor Australia Pty Ltd.
  16. Micron Semiconductor for India Private Ltd.
  17. Micron Customs Brokerage Services, Inc.
  18. Keystone Technology Solutions, LLC
  19. Micron Lehi Development, LLC
  20. Micron Japan Ltd.
  21. Micron Semiconductor International, Ltd.
  22. Micron Technology Canada, Inc.
  23. Ovonyx, Inc.
  24. Micron Asia Pacific, LLC

Financial

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As of June 2024, Micron had a market cap of $3.317 trillion, making it the world’s second most valuable company.

Micron’s key trends in annual revenue:

Year Annual revenue (millions)
2023 $15,540
2022 $30,758
2021 $27,435
2020 $21,435
2019 $23,406
2018 $30,391
2017 $20,322
2016 $12,399
2015 $16,192
2014 $16,358
2013 $9,073
2012 $8,234
2011 $8,788
2010 $8,482
2009 $4,803

Corporate identity

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Headquarters

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The company's global headquarters in Boise, Idaho, were established in 1978 to centralize Micron’s administrative and corporate functions. The facility plays a pivotal role in the company's global operations, housing executive leadership, finance, legal, human resources, marketing, and research and development departments. The campus also includes laboratories equipped with advanced semiconductor testing and development equipment. Over the years, the facility has undergone expansions to support the company's growth and technological advancements.

Address

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Micron Technology, Inc., 8000 S. Federal Way, Boise, ID 83716, United States

Other Locations

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In addition to its headquarters in Boise, Micron Technology operates other key locations globally, including major manufacturing facilities, R&D centers, and sales offices in places such as Atlanta, China and Germany.

Initiatives

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Sustainability Report

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Micron’s yearly sustainability report measures the progress of the company’s environmental, social and governance (ESG) programs, employee health and safety, environmental quality and community support worldwide. The 2024 report is now available. Micron also values its people, and its employee resource groups (ERGs) are a cornerstone of a culture focused on diversity, equality and inclusion.

Micron Foundation

[edit]

In 1999, the Micron Foundation was established, identifying science, technology, engineering and math (STEM) education as a priority for Idaho students. The foundation’s mission is to develop effective programs and to participate in activities that address the priorities and concerns of the communities where Micron employees live and work.

See also

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References

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  1. ^ a b c "IEEE Andrew S. Grove Award Recipients". IEEE Andrew S. Grove Award. Institute of Electrical and Electronics Engineers. Archived from the original on 4 July 2019. Retrieved 4 July 2019.
  2. ^ "US SEC: Form 10-K Micron Technology, Inc". U.S. Securities and Exchange Commission. October 6, 2023.
  3. ^ a b c "Micron Company Milestones". Micron. Archived from the original on 2014-12-02. Retrieved 2012-06-07.
  4. ^ Allan, Roy A. (2001). A history of the personal computer: the people and the technology. Allan Publishing. p. 16. ISBN 0968910807.
  5. ^ Staats, David (18 October 2018). "Tales of Micron's 40 years". Idaho Statesman. Retrieved 24 January 2020.
  6. ^ Wilson, Dave (1 May 1991). "80-MHz RISC processor screams through floating-point". Computer Design. pp. 40, 42–43. Retrieved 26 July 2024.
  7. ^ "Micron FRISC Chip Effort Flounders". Unigram/X. 24 August 1992. p. 3. Retrieved 26 July 2024.
  8. ^ John Moore. "Micron agrees to buy NetFrame". FCW. Archived from the original on 2016-12-20. Retrieved 2016-12-06.." June 15, 1997. Retrieved December 6, 2016.
  9. ^ WO 2002038841A3, Gurtej Sandhu & Trung T. Doan, "Atomic layer doping apparatus and method", published 2000-08-31, issued 2003-05-01  Archived 5 July 2019 at the Wayback Machine (Full text via Google Patents.)
  10. ^ "Micron Named Among Top 100 Global Innovators for Sixth Straight Year". Micron Technology. 2018-02-15. Archived from the original on 5 July 2019. Retrieved 5 July 2019.
  11. ^ "Micron seen as tough sell in PC industry".
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  13. ^ Murray, Matthew (21 April 2011). "Intel, Micron Open Singapore NAND Flash Plant". PC Magazine. Archived from the original on 2019-04-22. Retrieved 2019-12-26.
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  15. ^ "Micron Technology, Inc., and Lexar Media, Inc. Announce Completion of Transaction" (Press release). 21 June 2006. Archived from the original on March 9, 2017. Retrieved 28 October 2018.
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  42. ^ https://www.reuters.com/article/idUSKCN1N809D/
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  47. ^ "World's Fastest Discrete Graphics Memory From Micron Powers Nvidia's Breakthrough Gaming Speeds". GlobeNewswire. Retrieved 1 September 2020.
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  49. ^ Wolf, Marin (July 1, 2021). "Texas Instruments to buy semiconductor factory in $900 million deal". Techxplore. Retrieved 28 October 2022.
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  52. ^ Lohr, Steve (2022-10-04). "Micron Pledges Up to $100 Billion for Semiconductor Factory in New York". The New York Times. ISSN 0362-4331. Retrieved 2022-10-10.
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  54. ^ a b Wei, Lingling (May 21, 2023). "Beijing Bans Micron as Supplier to Big Chinese Firms, Citing National Security". The Wall Street Journal.
  55. ^ Mozur, Paul; Liu, John (May 22, 2023). "With Ban on Micron, China Escalates Microchip Clash With U.S." The New York Times.
  56. ^ "Chinese chipmaker YMTC sues Micron alleging patent infringement". Reuters. November 13, 2023. Retrieved November 14, 2023.
  57. ^ "Chinese firm Fujian Jinhua cleared of US allegations that it stole trade secrets". 2024-02-29.
  58. ^ "Chinese chip maker cleared of spying charges in US criminal trade secrets case". South China Morning Post. 2024-02-28. Retrieved 2024-02-29.
  59. ^ Brittain, Blake (23 May 2024). "Micron hit with $445 million US verdict in Netlist patent trial". Archived from the original on 24 May 2024. Retrieved 27 May 2024.
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