Micron Technology
The American company Micron Technology, Inc. manufactures computer memory and data storage devices such as USB flash drives, flash memory, and dynamic random-access memory. Its main office is in Boise, Idaho. Under the Crucial name, it sells consumer goods like the Ballistix line of memory modules. IM Flash Technologies, which produced NAND flash memory, was a joint venture between Micron and Intel. Lexar was its property between 2006 and 2017.
Ward Parkinson, Joe Parkinson, Dennis Wilson, and Doug Pitman established Micron as a semiconductor design consultancy business in Boise, Idaho, in 1978. Local Idaho businessmen Tom Nicholson, Allen Noble, Rudolph Nelson, and Ron Yanke contributed startup capital. Later, it acquired financing from potato entrepreneur and millionaire J. R. Simplot of Idaho. Upon the completion of its first wafer fabrication unit ("Fab 1"), the company transitioned from consulting to production in 1981 and began producing 64K DRAM chips.
Micron Technology's market capitalization was $63.97 billion as of March 2023. By market cap, this places Micron Technology as the 224th most valuable company in the world. The most recent financial reports from Micron Technologies show that the company's current revenue (TTM) is $27.15 billion. The corporation generated $29.61 billion in revenue in 2021, up from $22.06 billion in revenue in 2020.
Founded: October 5, 1978
Headquarters: Boise, Idaho, U.S.
Website: www.micron.com
