GlobeNewswire Inc | May 24, 2021 09:24PM EDT

May 25, 2021

MANASSAS, Va., May 24, 2021 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), today hosted U.S. government officials for a tour of its Manassas, VA,advanced manufacturingfacility. The visit underscored the importance of Microns position in the industry as the only manufacturer ofmemoryand storage productsin the U.S. In attendance wereSecretary of Commerce GinaRaimondo, Senators John Cornyn (R-TX) and Mark Warner (D-VA) along with Manassas Mayor Michelle Davis-Younger.

In a jointpress conference, Secretary Raimondo and congressional and local leadershighlighted theimportanceof federal support for the U.S.semiconductor industry, avital component of the U.S. economy that underpins advancements in critical infrastructure,broadband and The American Jobs plan.Micron President and CEO, SanjayMehrotra, noted the companysexpanding footprint in Manassas and expressed gratitude for the U.S. Governments efforts to further promote innovation and strengthen the domestic semiconductor industry.

Over the last year, there has been an increased focus on the importance of semiconductors here in the U.S. and around the world, said Mehrotra. Semiconductorsform the backbone of everything in our economy, andthe applications they enable have kept America moving during the pandemic. Asthe only U.S. company that develops, manufactures, and sells leading-edge memory and storage products,we are energized to see the call for critical investments to be made to update Americas infrastructure and promote semiconductor leadership and innovation.The CHIPS for America Act is a piece of federal legislationthat serves as agreat start to incentivizemore manufacturing, R&D and innovation here in the U.S., and we look forward to seeing it get across the finish line.

Microns Manassas, Virginia operation serves as a Center of Excellence for the companys long-lifecycle memory, manufacturing memory and storage solutions that are key to driving growth in the intelligent edge including automotive, industrial, networking and consumer markets. The site plays a key role in producing memory that is in nearly half of all automobiles today, and employs a diverse base of 1,600 team members who collectively represent more than 55 nations and speak more than 50 languages.

About Micron Technology, Inc.We are an industry leader in innovative memory and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products through our Micron and Crucial brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence and 5G applications that unleash opportunities from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.

2021 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.

Micron Media Relations ContactErica Rodriguez PompenMicron Technology, Inc.+1 (408) 834-1873epompen@micron.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3a1b97bb-e195-43ee-955e-e0b499dab721