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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 4/11/24 Micron Technology Inc. 8-K:7 4/10/24 10:210K Toppan Merrill/FA |
Document/Exhibit Description Pages Size 1: 8-K Current Report HTML 25K 5: R1 Cover HTML 45K 7: XML IDEA XML File -- Filing Summary XML 12K 10: XML XBRL Instance -- tm2411566d1_8k_htm XML 16K 6: EXCEL IDEA Workbook of Financial Report Info XLSX 8K 3: EX-101.LAB XBRL Labels -- mu-20240410_lab XML 96K 4: EX-101.PRE XBRL Presentations -- mu-20240410_pre XML 64K 2: EX-101.SCH XBRL Schema -- mu-20240410 XSD 12K 8: JSON XBRL Instance as JSON Data -- MetaLinks 25± 34K 9: ZIP XBRL Zipped Folder -- 0001104659-24-045952-xbrl Zip 28K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (date of earliest event reported)
(Exact name of registrant as specified in its charter)
i Delaware | i 1-10658 | i 75-1618004 | ||
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
(Address of principal executive offices and Zip Code)
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
i ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
i ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
i ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
i ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading symbol | Name of each exchange on which registered | ||
i Common Stock, par value $0.10 per share | i MU | i Nasdaq Global Select Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 7.01 | Regulation FD Disclosure |
On April 10, 2024, Micron Technology, Inc. (the "Company", "we" or "our") announced further information regarding the impact of the April 3, 2024 earthquake in Taiwan on the Company’s operations and supply chain. As the Company announced in its press release issued April 3, 2024, all Micron team members are safe. The Company further notes that there is no permanent impact on facilities, infrastructure or tools and there is no impact to our long-term DRAM supply capability.
As of the date hereof, Micron is not yet at full DRAM production following the earthquake, but its fab activity is recovering well, aided by the dedicated efforts of its Taiwan operations team. Micron believes that past investment to make its infrastructure more robust and resilient has been beneficial in this recovery.
Micron currently estimates that the earthquake will result in an impact of up to a mid-single digit percentage of a calendar quarter’s Company-level DRAM supply.
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements regarding the expected impact of the earthquake in Taiwan on the Company, including its facilities, infrastructure, tools, supply capability and fab activity, as well as the impact of the earthquake on DRAM supply. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially. Please refer to the documents we file with the Securities and Exchange Commission, including our most recent Form 10-K and Form 10-Q. These documents contain and identify important factors that could cause our actual results to differ materially from those contained in these forward-looking statements. These certain factors can be found at investors.micron.com/risk-factor. 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 to conform these statements to actual results.
The information in Item 7.01 of this Current Report on Form 8-K shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section. The information in Item 7.01 of this Current Report on Form 8-K shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing or document.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MICRON TECHNOLOGY, INC. | |||
Date: | April 10, 2024 | By: | /s/ Michael Ray |
Name: | Michael Ray | ||
Title: | Senior Vice President, Chief Legal Officer and Corporate Secretary |
This ‘8-K’ Filing | Date | Other Filings | ||
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Filed as of: | 4/11/24 | None on these Dates | ||
Filed on / For Period end: | 4/10/24 | |||
4/3/24 | ||||
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