Micron Technology Inc.
Micron Updates on Earthquake Impact in Taiwan
Summary
On April 10, 2024, Micron Technology, Inc. provided an update on the impact of the April 3, 2024 earthquake in Taiwan. The company confirmed that all team members are safe, and there is no permanent impact on facilities, infrastructure, tools, or long-term DRAM supply capability. Micron estimates the earthquake will result in a mid-single digit percentage impact on a calendar quarter's DRAM supply. The company's fab activity is recovering well, aided by the robust infrastructure investments made in the past.
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About Micron Technology Inc.
Micron Technology Inc. is a leader in the production and innovation of memory and storage solutions. The company's core offerings include dynamic random-access memory (DRAM), NAND flash memory, and NOR flash memory, which are crucial for a wide range of computing devices. These products serve various sectors, including personal computing, mobile communications, automotive, and data centers, enabling advanced functionalities and improved performance. Micron’s innovations play a critical role in data processing and storage, facilitating advancements in artificial intelligence, machine learning, and edge computing. As a major player in the semiconductor industry, Micron Technology Inc. significantly influences the technology supply chain, contributing to the development of modern electronic devices and systems. With a focus on cutting-edge technology and efficient manufacturing, Micron is pivotal in driving forward the capabilities of memory solutions globally.
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