美光科技：2024年度报告

UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549FORM 10-K (Mark One) ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934For the fiscal year ended August 28, 2025OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period fromtoCommission file number 1-10658 Micron Technology, Inc. (Exact name of registrant as specified in its charter) 75-1618004(IRS Employer Identification No.)(208) 368-4000Registrant’s telephone number, including area code Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12(g) of the Act:None Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.Yes☐No☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file suchreports), and (2) has been subject to such filing requirements for the past 90 days. Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period thatthe registrant was required to submit such files). Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. Large Accelerated FilerAccelerated FilerNon-Accelerated FilerSmaller Reporting CompanyEmerging Growth Company☒☐☐☐☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internalcontrol over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm thatprepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included inthe filing reflect the correction of an error to previously issued financial statements. Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensationreceived by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ The aggregate market value of the voting and non-voting common equity held by non-affiliates was $85.7 billion based on the closing price reported on theNasdaq Global Select Market on February 27, 2025. Shares of common stock held by each executive officer and director and by each person who owns 5%or more of the outstanding common stock were excluded as they may be deemed to be affiliates. This determination of affiliate status is not necessarily aconclusive determination for other purposes. The number of outstanding shares of the registrant’s common stock as of September 26, 2025 was 1,122,466,035. DOCUMENTS INCORPORATED BY REFERENCE Portions of the Proxy Statement for the registrant’s Fiscal 2025 Annual Meeting of Stockholders, to be filed within 120 days of the end of the fiscal yearended August 28, 2025, are incorporated by reference in Part III hereof. Except with respect to information specifically incorporated by reference in thisAnnual Report on Form 10-K, the Proxy Statement is not deemed to be filed as part hereof. Definitions of Commonly Used Terms As used herein, “we,” “our,” “us,” and similar terms include Micron Technology, Inc. and its consolidated subsidiaries,unless the context indicates otherwise. Abbreviations, acronyms, or terms that are commonly used or found inmultiple locations throughout this report and include the following: Micron, Crucial, any associated logos, and all other Micron trademarks are the property of Micron. Other productnames or trademarks that are not owned by Micron are for identification purposes only and may be the trademarksof their respective owners. All period references are to our fiscal periods unless otherwise indicated. Our fiscal year is the 52- or 53-weekperiod ending on the Thursday closest to August 31. Fiscal 2025, 2024, and 2023 each contained 52 weeks.