Micron Technology (MU) is a public company. Micron is an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products through our Micron® and Crucial® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com. Founded in 1978. It has 44,175 employees. Annual revenue is $37.4B. IPO 2010.

Transcript

Operator

Hello, everyone. Thank you for joining us, and welcome to Micron's fourth quarter post-earnings analyst call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star one to raise your hand. To withdraw your question, press star one again. I will now hand the conference over to Satya Kumar, Corporate Vice President, Investor Relations and Treasury. Satya, please go ahead.

Satya Kumar — Corporate VP of Investor Relations and Treasury

Thank you, and welcome to Micron Technology's fiscal fourth quarter 2026 post-earnings analyst call. On the call with me today are Manish Bhatia, President and Chief Operating Officer, Dr. Scott DeBoer, President and Chief Technology and Products Officer, and Mark Murphy, our Chief Financial Officer. As a reminder, the matters we are discussing today include forward-looking statements regarding market demand and supply, market trends and drivers, and our expected results and guidance on other matters. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from the statements made today. We refer to documents that we have filed with the SEC, including our most recent Form 10-K and upcoming 10-Q, for a discussion of risks that may affect our results. 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