Micron Technology Inc.: 10-K Risk Factor Changes

2024 vs 2023  ·  SEC EDGAR  ·  2026-05-22
Other years: 2025 vs 2024 · 2023 vs 2022
⚠ AI-Generated

The summary below was generated by an AI language model and may contain errors or omissions. All other content on this page is deterministically extracted from the original SEC EDGAR filing.

Micron added six new risk disclosures in 2024, with notable additions addressing supply chain vulnerabilities (materials, supplies, power, water, and capital equipment availability) and AI-related business uncertainties, reflecting emerging operational and market concerns. The company modified 17 existing risk factors substantively while removing only 2 risks from 2023, indicating a net expansion and recalibration of disclosed risks rather than risk mitigation. The modifications primarily focused on share repurchase execution and restructuring effectiveness, suggesting Micron refined its disclosures around capital allocation and operational efficiency execution.

✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

6
New Risks
2
Removed
17
Modified
22
Unchanged
🟢 New in Current Filing Table of Contents 🔒
🟢 New in Current Filing Our business, results of operations, or financial condition could be adversely affected by the availability and quality of materials, supplies, electrical power, water, and capital equipment, or dependency on third-party service providers. 🔒
🟢 New in Current Filing Table of Contents 🔒
🟢 New in Current Filing We may be adversely impacted by any of the multiple uncertainties and outcomes associated with the use and evolution of AI. 🔒
🟢 New in Current Filing Table of Contents 🔒
🟢 New in Current Filing Table of Contents 🔒
🔴 No Match in Current Filing 29 | 2023 10-K 🔒
🔴 No Match in Current Filing 39 | 2023 10-K 🔒
🟡 Modified The amount and frequency of our share repurchases may fluctuate, and we cannot guarantee that we will purchase all of the shares under our share repurchase authorization, or that it will enhance long-term shareholder value. Share repurchases could also increase the volatility of the trading price of our stock and will diminish our cash reserves. 🔒
🟡 Modified We may incur restructure charges in future periods and may not realize expected savings or other benefits from restructure plans. 🔒
🟡 Modified There can be no assurance that we will continue to declare cash dividends in any particular amounts or at all. 🔒
🟡 Modified Table of Contents 🔒
🟡 Modified Risks Related to Our Business, Operations, and Industry 🔒
🟡 Modified Increases in sales of system solutions may increase our dependency upon specific customers and our costs to develop, qualify, and manufacture our system solutions. 🔒
🟡 Modified We and others are subject to a variety of complex and evolving laws, regulations, or industry standards, including with respect to environmental, health, safety, and product considerations, which may have a material adverse effect on our business, results of operations, or financial condition. 🔒
🟡 Modified We must attract, retain, and motivate highly skilled employees. 🔒
🟡 Modified Breaches of our security systems or products, systems failures, interruptions, delays in service, catastrophic events, and resulting interruptions in the availability of our systems or those of our customers, suppliers, or business partners, could expose us to losses. 🔒
🟡 Modified Volatility in average selling prices for our semiconductor memory and storage products may adversely affect our business. 🔒
🟡 Modified Table of Contents 🔒
🟡 Modified Our incentives from various governments are conditioned upon achieving or maintaining certain outcomes and the compliance requirements and are subject to reduction, termination, clawback, or could impose certain limitations on our business. 🔒
🟡 Modified Tax-related matters could have a material adverse effect on our business, results of operations, or financial condition. 🔒
🟡 Modified We may not be able to achieve expected returns from capacity expansions. 🔒
🟡 Modified Table of Contents 🔒
🟡 Modified Legal, regulatory and administrative investigations, inquiries, proceedings, and claims could have a material adverse effect on our business, results of operations, or financial condition. 🔒
🟡 Modified Table of Contents 🔒
25 changes in this historical filing

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