25th annual roth conference march 17-20th, 2013

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25th Annual Roth Conference March 17-20th, 2013. Kipp Bedard VP of Investor Relations. Safe Harbor. - PowerPoint PPT Presentation

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Page 1: 25th Annual Roth  Conference March 17-20th, 2013
Page 2: 25th Annual Roth  Conference March 17-20th, 2013

©2013 Micron Technology, Inc. All rights reserved. Products are warranted only to meet Micron’s production data sheet specifications. Information, products, and/or specifications are subject to change without notice. All information is provided on an “AS IS” basis without warranties of any kind. Dates are estimates only. Drawings are not to scale. Micron and the Micron logo are trademarks of Micron Technology, Inc. All other trademarks are the property of their respective owners.

2©2013 Micron Technology, Inc. |

Kipp BedardVP of Investor Relations

25th Annual Roth ConferenceMarch 17-20th, 2013

April 22, 2023

Page 3: 25th Annual Roth  Conference March 17-20th, 2013

3©2013 Micron Technology, Inc. |

Safe Harbor

April 22, 2023

During the course of this meeting, we may make projections or other forward-looking statements regarding future events or the future financial performance of the Company and the industry. We wish to caution you that such statements are predictions and that actual events or results may differ materially. We refer you to the documents the Company files on a consolidated basis from time to time with Securities and Exchange Commission, specifically the Company’s most recent Form 10-K and Form 10-Q. These documents contain and identify important factors that could cause the actual results for the Company on a consolidated basis to differ materially from those contained in our projections or forward-looking statements. These certain factors can be found at http://investors.micron.com/riskFactors.cfm. 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 duty to update any of the forward-looking statements after the date of the presentation to conform these statements to actual results.

Page 4: 25th Annual Roth  Conference March 17-20th, 2013

4©2013 Micron Technology, Inc. |

Non-PC$19.7

B

PC $7.2B

NAND$27.1

BNOR$3.4

B

Flash$30.5B

DRAM$26.9B

Worldwide Semiconductor Market$311B

2013 Semiconductor Market Forecast

April 22, 2023

Source: Gartner 4Q12

PCM<$1B

Page 5: 25th Annual Roth  Conference March 17-20th, 2013

5©2013 Micron Technology, Inc. |

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016$0

$10

$20

$30

$40

$50

$60

$70

$80

$44.3

$55.1 $54.1

$42.9$41.8

$64.5

$58.0

$52.6

$57.4

$66.7$63.8

$70.5

Mem

ory

TAM

($B

)Memory Markets Continue to Grow

April 22, 2023

Forecast

NOR TAM

NAND TAM

DRAM TAM

MEMORY TAM

Sources: Gartner (4Q12)

Page 6: 25th Annual Roth  Conference March 17-20th, 2013

6©2013 Micron Technology, Inc. |

Automotive

Server Wireless Personal Computing Industrial

Storage Graphics / Consumer Networks

Broadest Portfolio Manufacturing Expertise/Stability▶ Industry’s broadest portfolio▶ Computing, server/networking,

embedded, mobile, consumer

April 22, 2023

Page 7: 25th Annual Roth  Conference March 17-20th, 2013

7©2013 Micron Technology, Inc. |

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

GB (B

)

2012 – 2016 Total NANDBit CAGR:

46%

SSD and Mobile Driving NAND Bit Growth

April 22, 2023

Source: Micron, Gartner 4Q12; Cards included in Mobile and DSC

2012 – 2016 NAND Bit

CAGR

40%

73%

13%32%

27%

38%

71%

39%

Tablets

SSD

PMP/MP3

USB

DSC/Video

Mobile

PC/Com (Non-SSD)

Embedded, AIMM

EndApplications

Page 8: 25th Annual Roth  Conference March 17-20th, 2013

8©2013 Micron Technology, Inc. |

20002001200220032004200520062007200820092010201120122013201420152016

GB (B

) 2012 – 2016 Total DRAMBit CAGR:

33%

Shift to Mobility Driving DRAM Bit Growth

April 22, 2023

2012 – 2016 DRAM Bit

CAGR

33%

28%

44%

46%

23%

AIMM

Tablet

Consumer

Mobile

Server/Storage

PC/Computing

EndApplications

67%

Source: Micron, Gartner 4Q12; AIMM is Auto, Industrial, Medical and Military

Page 9: 25th Annual Roth  Conference March 17-20th, 2013

9©2013 Micron Technology, Inc. |

Micron’s Path to Continued Leadership

April 22, 2023

CQ1’12: Acquisition of IMFlash (Singapore and MTV) from Intel• Increase NAND gross margin• Extend & expand NAND

technology JV• Incremental trade NAND capacity

CQ1‘13: Restructuring of Inotera JV• Stabilize DRAM gross margin• No obligation to fund CAPEX

H1’13: Acquisition of Elpida (1)

• Increase mobile segment penetration

• Accelerate DRAM technology roadmap and flexible longer-term capacity

Micron Trade Historical

IMFlash

Inotera

Elpida/Rexchip

300m

m W

SPM

(K)

~90% Increase in

Wafer Capacity

(1) The Acquisition is currently targeted to close in the first half of calendar 2013, subject to various closing conditions.

Page 10: 25th Annual Roth  Conference March 17-20th, 2013