Micron Technology, Inc. (MU) Q3 2025 Earnings Call Transcript

Micron Technology, Inc. (NASDAQ:MU) Q3 2025 Earnings Conference Call June 25, 2025 4:30 PM ET

Company Participants

Mark J. Murphy - Executive VP & CFO
Sanjay Mehrotra - CEO, President & Chairman
Satya Kumar - Corporate VP of Investor Relations & Treasurer

Conference Call Participants

Christopher Caso - Wolfe Research, LLC
Christopher James Muse - Cantor Fitzgerald & Co., Research Division
Harlan L. Sur - JPMorgan Chase & Co, Research Division
Joseph Lawrence Moore - Morgan Stanley, Research Division
Krish Sankar - TD Cowen, Research Division
Thomas James O'Malley - Barclays Bank PLC, Research Division
Timothy Michael Arcuri - UBS Investment Bank, Research Division
Vijay Raghavan Rakesh - Mizuho Securities USA LLC, Research Division
Vivek Arya - BofA Securities, Research Division

Operator

Thank you for standing by, and welcome to Micron's Third Quarter 2025 Financial Call. [Operator Instructions] As a reminder, today's program is being recorded. And now I'd like to introduce your host for today's program, Satya Kumar, Investor Relations. Please go ahead, sir.

Satya Kumar

Thank you, and welcome to Micron Technology's Fiscal Third Quarter 2025 Financial Conference Call. On the call with me today are Sanjay Mehrotra, our Chairman, President and CEO; and Mark Murphy, our CFO. Today's call is being webcast from our Investor Relations site at investors.micron.com, including audio and slides. In addition, the press release detailing our quarterly results has been posted on the website, along with the prepared remarks for this call.

Before we begin, let me remind everyone that today's discussion contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include statements regarding our future financial and operating performance, including our guidance as well as trends and expectations in our business, market, industry and regulatory and other matters. These statements are based on our current assumptions, and we assume no obligation to update these statements. Please