Micron Technology, Inc. (MU) CEO Sanjay Mehrotra presents at JPMorgan 49th Annual Global Technology, Media and Communications Conference (Transcript)

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Micron Technology, Inc. (NASDAQ:MU) May 25, 2021 11:00 AM ET

Company Participants

Sanjay Mehrotra - Chief Executive Officer and President

Dave Zinsner - Senior Vice President and Chief Financial Officer

Conference Call Participants

Harlan Sur - JP Morgan

Harlan Sur

Greetings and thank you for attending JPMorgan's 49th Annual Technology Media and Communications Conference. My name is Harlan Sur; I'm the Semiconductor and Semiconductor Capital Equipment Analyst for the firm, very pleased to have Sanjay Mehrotra, Micron's President and Chief Executive Officer here with us today. We also have Dave Zinsner, Micron's Chief Financial Officer. I'll ask Sanjay to kick us off with the team's view of the current and second half demand and supply environment, Micron's performance within the memory and storage markets this year. And then we'll go ahead and launch into the Q&A. And so gentlemen, thank you for joining us today. And Sanjay let me go ahead and turn it over to you.

Sanjay Mehrotra

Thank you, Harlan. And thank you for having us here at the conference. And greetings to all our listeners. Before I start, let me just point out that during the course of the discussions here today, we will be making certain forward-looking statements. Please refer to SEC filings, which we make from time to time regarding the risk factors associated with the business. So, Harlan, I will start off giving some commentary on the current quarter as well as our outlook ahead for the rest of the year. In terms of the current quarter at Q3, we still have 10 days to go before the quarter completes. But I will tell you that the demand environment is extremely strong.

And at this point, how we see the quarter landing at the close is we expect our revenue to be at or above

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