MICRON TECHNOLOGY INC, 10-K filed on 10/9/2026
Annual Report
v3.26.3
Cover Page - USD ($)
$ in Billions
 12 Months Ended
Sep. 03, 2026
Oct. 02, 2026
Feb. 26, 2026
Cover [Abstract]      
Document Type 10-K    
Document Annual Report true    
Document Period End Date Sep. 03, 2026    
Document Transition Report false    
Entity File Number 1-10658    
Entity Registrant Name Micron Technology, Inc.    
Entity Incorporation, State or Country Code DE    
Entity Tax Identification Number 75-1618004    
Entity Address, Address Line One 8000 S. Federal Way    
Entity Address, City or Town Boise    
Entity Address, State or Province ID    
Entity Address, Postal Zip Code 83716    
City Area Code 208    
Local Phone Number 368-4000    
Title of 12(b) Security Common Stock, par value $0.10 per share    
Trading Symbol MU    
Security Exchange Name NASDAQ    
Entity Well-known Seasoned Issuer Yes    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Interactive Data Current Yes    
Entity Filer Category Large Accelerated Filer    
Entity Small Business false    
Entity Emerging Growth Company false    
ICFR Auditor Attestation Flag true    
Document Financial Statement Error Correction false    
Entity Shell Company false    
Entity Public Float     $ 368.1
Entity Common Stock, Shares Outstanding   1,131,423,212  
Documents Incorporated by Reference
DOCUMENTS INCORPORATED BY REFERENCE
Portions of the Proxy Statement for the registrant’s Fiscal 2026 Annual Meeting of Stockholders, to be filed within 120 days of the end of the fiscal year ended September 3, 2026, are incorporated by reference in Part III hereof. Except with respect to information specifically incorporated by reference in this Annual Report on Form 10-K, the Proxy Statement is not deemed to be filed as part hereof.
    
Entity Central Index Key 0000723125    
Current Fiscal Year End Date --09-03    
Document Fiscal Year Focus 2026    
Document Fiscal Period Focus FY    
Amendment Flag false    
v3.26.3
Audit Information
 12 Months Ended
Sep. 03, 2026
Audit Information [Abstract]  
Auditor Name PricewaterhouseCoopers LLP
Auditor Location San Jose, California
Auditor Firm ID 238
v3.26.3
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Income Statement [Abstract]      
Revenue $ 133,188 $ 37,378 $ 25,111
Cost of goods sold 25,684 22,505 19,498
Gross margin 107,504 14,873 5,613
Research and development 5,650 3,798 3,430
Selling, general, and administrative 1,947 1,205 1,129
Other operating (income) expense, net 567 100 (250)
Operating income 99,340 9,770 1,304
Interest income 1,084 496 529
Interest expense (106) (477) (562)
Other non-operating income (expense), net (647) (135) (31)
Income before income taxes and equity in net income (loss) of equity method investees 99,671 9,654 1,240
Income tax (provision) benefit (14,761) (1,124) (451)
Equity in net income (loss) of equity method investees 59 9 (11)
Net income 84,969 8,539 778
Other comprehensive income (loss), net of tax (41) 102 178
Total comprehensive income $ 84,928 $ 8,641 $ 956
Earnings per share      
Basic (in dollars per share) $ 75.38 $ 7.65 $ 0.70
Diluted (in dollars per share) $ 74.33 $ 7.59 $ 0.70
Number of shares used in per share calculations      
Basic (in shares) 1,127 1,116 1,105
Diluted (in shares) 1,143 1,125 1,118
v3.26.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 03, 2026
Aug. 28, 2025
Assets    
Cash and cash equivalents $ 38,364 $ 9,642
Short-term investments 5,070 665
Receivables 36,197 9,265
Inventories 10,372 8,355
Other current assets 1,067 914
Total current assets 91,070 28,841
Long-term marketable investments 30,019 1,629
Property, plant, and equipment 63,310 46,590
Goodwill 1,150 1,150
Other noncurrent assets 10,339 4,588
Total assets 195,888 82,798
Liabilities and equity    
Accounts payable and accrued expenses 22,605 9,649
Current debt 491 560
Other current liabilities 4,386 1,245
Total current liabilities 27,482 11,454
Long-term debt 4,688 14,017
Noncurrent unearned government incentives 786 1,018
Noncurrent customer contract liabilities 12,895 142
Other noncurrent liabilities 11,659 2,002
Total liabilities 57,510 28,633
Commitments and contingencies
Shareholders’ equity    
Common stock, $0.10 par value, 3,000 shares authorized, 1,277 shares issued and 1,131 outstanding (1,266 shares issued and 1,122 outstanding as of August 28, 2025) 128 127
Additional capital 14,974 13,339
Retained earnings 131,851 48,583
Treasury stock, 146 shares held (144 shares as of August 28, 2025) (8,502) (7,852)
Accumulated other comprehensive income (loss) (73) (32)
Total equity 138,378 54,165
Total liabilities and equity $ 195,888 $ 82,798
v3.26.3
CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares
shares in Millions
Sep. 03, 2026
Aug. 28, 2025
Shareholders’ equity    
Common Stock, par value (in dollars per share) $ 0.10 $ 0.10
Common Stock, authorized shares (in shares) 3,000 3,000
Common Stock, issued (in shares) 1,277 1,266
Common Stock, outstanding (in shares) 1,131 1,122
Treasury Stock, held (in shares) 146 144
v3.26.3
STATEMENT OF CHANGES IN EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Balance (in shares) at Aug. 31, 2023   1,239        
Balance of total equity at Aug. 31, 2023 $ 44,120 $ 124 $ 11,036 $ 40,824 $ (7,552) $ (312)
Increase (decrease) in stockholders' equity            
Net income 778     778    
Other comprehensive income (loss), net of tax 178         178
Stock issued under equity compensation plans (in shares)   17        
Stock issued under equity compensation plans 272 $ 1 271      
Stock-based compensation expense 833   833      
Repurchase of stock – repurchase program (300)       (300)  
Repurchase of stock - withholdings on employee equity awards (in shares)   (3)        
Repurchase of stock – withholdings on employee equity awards $ (232) $ 0 (25) (207)    
Dividends and dividend equivalents declared (per share) $ 0.460          
Dividends and dividend equivalents declared $ (518)     (518)    
Balance (in shares) at Aug. 29, 2024   1,253        
Balance of total equity at Aug. 29, 2024 45,131 $ 125 12,115 40,877 (7,852) (134)
Increase (decrease) in stockholders' equity            
Net income 8,539     8,539    
Other comprehensive income (loss), net of tax 102         102
Stock issued under equity compensation plans (in shares)   16        
Stock issued under equity compensation plans 287 $ 2 285      
Stock-based compensation expense 972   972      
Repurchase of stock - withholdings on employee equity awards (in shares)   (3)        
Repurchase of stock – withholdings on employee equity awards $ (339) $ 0 (33) (306)    
Dividends and dividend equivalents declared (per share) $ 0.460          
Dividends and dividend equivalents declared $ (527)     (527)    
Balance (in shares) at Aug. 28, 2025 1,266 1,266        
Balance of total equity at Aug. 28, 2025 $ 54,165 $ 127 13,339 48,583 (7,852) (32)
Increase (decrease) in stockholders' equity            
Net income 84,969     84,969    
Other comprehensive income (loss), net of tax (41)         (41)
Stock issued under equity compensation plans (in shares)   14        
Stock issued under equity compensation plans 337 $ 1 336      
Stock-based compensation expense 1,333   1,333      
Repurchase of stock – repurchase program (650)       (650)  
Repurchase of stock - withholdings on employee equity awards (in shares)   (3)        
Repurchase of stock – withholdings on employee equity awards $ (1,127) $ 0 (34) (1,093)    
Dividends and dividend equivalents declared (per share) $ 0.530          
Dividends and dividend equivalents declared $ (608)     (608)    
Balance (in shares) at Sep. 03, 2026 1,277 1,277        
Balance of total equity at Sep. 03, 2026 $ 138,378 $ 128 $ 14,974 $ 131,851 $ (8,502) $ (73)
v3.26.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Cash flows from operating activities      
Net income $ 84,969 $ 8,539 $ 778
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation expense and amortization of intangible assets 9,503 8,352 7,780
Stock-based compensation 1,333 972 833
Change in operating assets and liabilities:      
Receivables (25,206) (1,776) (3,581)
Inventories (2,017) 520 (488)
Accounts payable and accrued expenses 8,707 862 1,915
Other current liabilities 3,141 (272) 989
Other noncurrent liabilities 9,633 381 76
Other (388) (53) 205
Net cash provided by operating activities 89,675 17,525 8,507
Cash flows from investing activities      
Purchases of available-for-sale securities (34,871) (1,890) (1,999)
Expenditures for property, plant, and equipment (30,712) (15,857) (8,386)
Purchases of non-marketable equity securities (1,046) (34) (10)
Proceeds from government incentives 3,316 2,005 315
Proceeds from maturities and sales of available-for-sale securities 1,988 1,698 1,794
Other (316) (9) (23)
Net cash used for investing activities (61,641) (14,087) (8,309)
Cash flows from financing activities      
Proceeds from customer contract liability deposits 12,747 0 0
Proceeds from issuance of debt 0 4,430 999
Repayments of debt (10,043) (4,619) (1,897)
Repurchases of common stock - withholdings on employee equity awards (1,127) (340) (233)
Repurchases of common stock - repurchase program (650) 0 (300)
Payments of dividends to shareholders (610) (522) (513)
Other 313 201 102
Net cash provided by (used for) financing activities 630 (850) (1,842)
Effect of changes in currency exchange rates on cash, cash equivalents, and restricted cash 81 6 40
Net increase (decrease) in cash, cash equivalents, and restricted cash 28,745 2,594 (1,604)
Cash, cash equivalents, and restricted cash at beginning of period 9,646 7,052 8,656
Cash, cash equivalents, and restricted cash at end of period 38,391 9,646 7,052
Supplemental disclosures      
Income taxes paid, net (1,254) (583) (338)
Interest paid, net of amounts capitalized (197) (418) (503)
Non-cash acquisitions of finance lease right-of-use assets $ 143 $ 1,298 $ 905
v3.26.3
Significant Accounting Policies
 12 Months Ended
Sep. 03, 2026
Accounting Policies [Abstract]  
Significant Accounting Policies Significant Accounting Policies
Basis of Presentation

We are a global leader in semiconductor memory and storage, powering AI and compute-intensive applications from cloud to edge. With a relentless focus on our customers, technology and product leadership, and manufacturing and operational excellence, our comprehensive portfolio of high-performance DRAM, NAND, and NOR solutions deliver the speed, efficiency, and scale today’s workloads demand, accelerating intelligence to enrich life for all.

The accompanying consolidated financial statements include the accounts of Micron Technology, Inc. and our consolidated subsidiaries and have been prepared in accordance with accounting principles generally accepted in the United States of America. Intercompany balances and transactions have been eliminated in consolidation. Certain reclassifications have been made to prior-period amounts to conform to current-period presentation and did not affect total assets, total liabilities, shareholders’ equity, or results of operations.

Our fiscal year is the 52- or 53-week period ending on the Thursday closest to August 31. Fiscal 2026 contained 53 weeks and fiscal 2025 and 2024 each contained 52 weeks. All period references are to our fiscal periods unless otherwise indicated.

Derivative and Hedging Instruments

We use derivative instruments to manage our exposure to changes in currency exchange rates from (1) our monetary assets and liabilities denominated in currencies other than the U.S. dollar, (2) non-U.S.-dollar-denominated investments in debt instruments, and (3) forecasted cash flows for certain capital expenditures and manufacturing costs. We also use derivative instruments to manage our exposure to changes in commodity prices for manufacturing supplies. Derivative instruments are measured at their fair values and recognized as either assets or liabilities.

The accounting for changes in the fair value of derivative instruments is based on the intended use of the derivative and the resulting designation. For derivative instruments that are not designated for hedge accounting, gains or losses from changes in fair values are recognized in other non-operating income (expense) and cash flows are classified as investing activities in the statement of cash flows. For derivative instruments designated as cash flow hedges, gains or losses are included as a component of accumulated other comprehensive income and reclassified into earnings in the same line items and in the same periods in which the underlying transactions affect earnings. For derivative instruments designated as fair value hedges, changes in the fair values of the derivative instruments and the offsetting changes in the fair values of the underlying hedged items are both recognized in earnings. For foreign currency and commodity derivative instruments designated as cash flow hedges or fair value hedges, time value is excluded from the assessment of effectiveness and the gains and losses attributable to time value are recognized in earnings through an amortization approach. Cash flows from derivative instruments designated as cash flow hedges or fair value hedges are classified in the same category as the items being hedged.

We enter into master netting arrangements with our counterparties to mitigate credit risk in derivative hedge transactions. These master netting arrangements allow us and our counterparties to net settle amounts owed to each other. Derivative assets and liabilities that can be net settled with each counterparty have been presented in our consolidated balance sheet on a net basis.
Financial Instruments

Cash equivalents include highly liquid short-term investments with original maturities at the time of purchase of three months or less that are readily convertible to known amounts of cash. Other investments with remaining maturities of less than one year are included in short-term investments. Investments with remaining maturities greater than one year are included in long-term marketable investments. The carrying value of investment securities sold is determined using the specific identification method.

Functional Currency

The U.S. dollar is the functional currency for us and all of our consolidated subsidiaries.

Goodwill

We perform an annual impairment assessment for goodwill in our fourth quarter each year. No impairment indicators were identified for the periods presented.

Government Incentives

We receive incentives from governmental entities related to capital expenditures, expenses, and other activities. The government incentives we receive may require that we meet or maintain specified spending levels and other operational metrics and may be subject to reimbursement if such conditions are not met or maintained. Government incentives are recognized in the financial statements based on the underlying principal criteria for earning the incentives when there is reasonable assurance that the conditions of the government incentives are met and the incentive will be received. Incentives related to the acquisition or construction of property, plant, and equipment are recognized as a reduction in the carrying amounts of the related assets and as a reduction of subsequent depreciation expense over the useful lives of the assets. Incentives related to specific operating activities are offset against the related expense in the period the expense is incurred. Government incentives received prior to being earned are recognized in current or noncurrent deferred income, whereas government incentives earned prior to being received are recognized in current or noncurrent receivables. Cash received from government incentives related to operating expenses is included as an operating activity in the statement of cash flows, whereas cash received, including by constructive receipt, from incentives related to the acquisition of property, plant, and equipment is included as an investing activity. For each project, we estimate the total expected project costs and recognize a proportionate benefit as qualified project costs are incurred. As the estimated total expected qualified project cost changes, we adjust our estimate of the recognized proportionate benefit.

Inventories

Inventories are stated at the lower of cost or net realizable value, with cost being determined on a FIFO basis. Cost includes depreciation, labor, material, and overhead costs, including product and process technology costs. Determining net realizable value of finished goods and work in process inventories requires projecting future average selling prices, sales volumes, and costs per part. When net realizable value is below cost, we recognize a charge to cost of goods sold to write down inventories to their estimated net realizable value in advance of when inventories are actually sold. We review the major characteristics of product type and markets in determining the unit of account for which we perform the lower of cost or net realizable value analysis and categorize all inventories (including DRAM, NAND, and other memory) as a single group.
Leases

We determine if an arrangement is a lease, or contains a lease, at the inception of the arrangement and evaluate whether the lease is an operating lease or a finance lease at the commencement date. We recognize right-of-use assets and lease liabilities for operating and finance leases with terms greater than 12 months. Right-of-use assets represent our right to use an asset for the lease term, while lease liabilities represent our obligation to make lease payments. We do not separate lease and non-lease components for real estate and gas plant leases. Sublease income is included within lease expense and is not material. Our operating leases are also not material.

Product Warranty

We generally provide a limited warranty that our products are in compliance with applicable specifications existing at the time of delivery. Under our standard terms and conditions of sale, liability for certain failures of product during a stated warranty period is usually limited to repair or replacement of defective items or return of, or a credit with respect to, amounts paid for such items. Under certain circumstances, we provide more extensive limited warranty coverage than that provided under our standard terms and conditions. Our warranty obligations are not material.

Property, Plant, and Equipment

Property, plant, and equipment is stated at cost and depreciated using the straight-line method over estimated useful lives of generally 10 to 30 years for buildings, 7 years for production equipment, up to 7 years for other equipment, and 3 to 5 years for software. Assets held for sale are carried at the lower of estimated fair value or carrying value and are included in current assets. When property, plant, or equipment is retired or otherwise disposed, the net book value is removed and we recognize any gain or loss in results of operations.

We capitalize interest on borrowings during the period of time we carry out the activities necessary to bring assets to the condition of their intended use and location. We utilize a weighted-average capitalization rate that is based on our consolidated debt portfolio. Capitalized interest becomes part of the cost of assets.

Research and Development

Costs related to the conceptual formulation and design of products and processes are charged to R&D expense as incurred. Development of a product is deemed complete when it is qualified through reviews and tests for performance and reliability. Subsequent to product qualification, product costs are included in cost of goods sold.

Revenue Recognition

Revenue is primarily recognized at a point in time when control of the promised goods is transferred to our customers at an amount that reflects the consideration we expect to be entitled to in exchange for those goods. Contracts with certain of our customers are short-term in duration. We also have strategic customer agreements structured as take-or-pay agreements, with binding commitments for specific contractually enforceable volumes over the multi-year contract terms. Pricing for our contracts is either fixed or periodically negotiated, with the majority of the strategic customer agreements having pricing that is subject to minimum and maximum bands. For all of our contracts, payments are generally due shortly after delivery.
Our contract liabilities primarily consisted of customer deposits received in advance of us satisfying our performance obligations under our strategic customer agreements. If the customer meets the minimum purchase commitments, we will return the deposit to the customer. If not, we may retain all, or a portion of the deposit which will be recognized as revenue. Deposits are classified as contract liabilities in other current liabilities or noncurrent customer contract liabilities depending on the expected timing of the satisfaction of the underlying performance obligations. Customer deposits do not represent significant financing components because the payments are primarily intended to secure future production capacity and ensure supply availability rather than provide financing to us.

Certain strategic customer agreements also include terms requiring our customers to maintain letters of credit with third-party financial institutions. Our right to access letters of credit is contingent upon the occurrence of specified events of default or breach by our customers. Letters of credit are not recognized as revenue unless an event of default or breach has occurred.

We estimate a liability for returns using the expected value method based on historical returns. In addition, we generally offer price protection to our distributors, which is a form of variable consideration that decreases the transaction price. We use the expected value method, based on historical price adjustments and current pricing trends, to estimate the amount of revenue recognized from sales to distributors. Differences between the estimated and actual amounts are recognized as adjustments to revenue.

Stock-based Compensation

Stock-based compensation is measured at the grant date, based on the fair value of the award, and recognized as expense under the straight-line attribution method over the requisite service period. We account for forfeitures as they occur. We issue new shares upon the exercise of stock options, conversion of share units, or issuance of shares under our employee stock purchase plan.

Treasury Stock

Treasury stock is carried at cost. When we retire our treasury stock, any excess of the repurchase price paid over par value is allocated between additional capital and retained earnings.

Use of Estimates

The preparation of financial statements and related disclosures in conformity with accounting principles generally accepted in the United States of America requires our management to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues, expenses, and related disclosures. Estimates and judgments are based on historical experience, forecasted events, and various other assumptions that we believe to be reasonable under the circumstances. Estimates and judgments may differ under different assumptions or conditions. We evaluate our estimates and judgments on an ongoing basis. Actual results could differ from estimates.
v3.26.3
Recently Adopted and Recently Issued Accounting Standards
 12 Months Ended
Sep. 03, 2026
Accounting Changes and Error Corrections [Abstract]  
Recently Adopted and Recently Issued Accounting Standards Recently Adopted Accounting Standards
In December 2023, the Financial Accounting Standards Board (”FASB”) issued ASU 2023-09 (ASC Topic 740), Improvements to Income Tax Disclosures. This ASU requires disaggregated income tax disclosures on the rate reconciliation and income taxes paid. We adopted this ASU in the fourth quarter of 2026 on a prospective basis. Adoption of this ASU resulted in increased disclosures in the Notes to Consolidated Financial Statements. See Note 18. Income Taxes.
Recently Issued Accounting Standards
In November 2024, the FASB issued ASU 2024-03 (ASC Topic 220), Disaggregation of Income Statement Expenses. This ASU requires disclosure of certain expenses in the notes to the financial statements. This ASU will be effective for our annual reporting for 2028 on a prospective basis, with retrospective application permitted. Adoption of this new guidance will result in increased disclosures in the Notes to Consolidated Financial Statements.
In December 2025, the FASB issued ASU 2025-10 (ASC Topic 832), Accounting for Government Grants Received by Business Entities. This ASU establishes the accounting and presentation for government grants received by a business entity. The ASU will be effective for the first quarter of 2030, with early adoption permitted. This ASU provides for adoption either on a modified prospective, modified retrospective, or retrospective basis. We do not expect the adoption of this new guidance to have a material impact on our financial statements or disclosures.
v3.26.3
Cash and Investments
 12 Months Ended
Sep. 03, 2026
Investments and Cash [Abstract]  
Cash and Investments Cash and Investments
All of our short-term investments and long-term marketable investments were classified as available for sale as of the dates noted below. Cash and cash equivalents and the fair values of our available-for-sale securities, which approximated amortized costs, were as follows:
As of September 3, 2026As of August 28, 2025
Cash and Cash Equivalents
Short-term Investments
Long-term Marketable Investments(1)
Total Fair Value
Cash and Cash Equivalents
Short-term Investments
Long-term Marketable Investments(1)
Total Fair Value
Cash$26,288 $— $— $26,288 $7,875 $— $— $7,875 
Level 1(2)
Money market funds216 — — 216 410 — — 410 
Level 2(3)
Certificates of deposit9,814 59 — 9,873 1,292 6 — 1,298 
Corporate bonds97 3,773 24,557 28,427 23 559 1,047 1,629 
Asset-backed securities— 221 5,391 5,612 — 31 521 552 
Commercial paper1,674 971 — 2,645 33 26 — 59 
Government securities275 46 71 392 9 43 61 113 
38,364 $5,070 $30,019 $73,453 9,642 $665 $1,629 $11,936 
Restricted cash(4)
27 4 
Cash, cash equivalents, and restricted cash$38,391 $9,646 
(1)The maturities of long-term marketable investments primarily range from one to five years, except for asset-backed securities which are not due at a single maturity date.
(2)The fair value of Level 1 securities is measured based on quoted prices in active markets for identical assets.
(3)The fair value of Level 2 securities is measured using information obtained from pricing services, which obtain quoted market prices for similar instruments, non-binding market consensus prices that are corroborated by observable market data, or various other methodologies, to determine the appropriate value at the measurement date. We perform supplemental analysis to validate information obtained from these pricing services. No adjustments were made to the fair values indicated by such pricing information as of September 3, 2026 or August 28, 2025.
(4)Restricted cash is included in other current assets.

Gross realized gains and losses from sales of available-for-sale securities were not material for any period presented.
Non-marketable Equity Investments
In addition to the amounts included in the table above, we had $1.30 billion and $194 million of non-marketable equity investments without a readily determinable fair value that were included in other noncurrent assets as of September 3, 2026 and August 28, 2025, respectively. Our non-marketable investments were primarily held in AI and technology companies. Gains and losses related to our non-marketable investments were not material for any period presented. Our non-marketable equity investments are carried at cost less impairment, if any, adjusted for qualifying observable price changes.
v3.26.3
Receivables
 12 Months Ended
Sep. 03, 2026
Receivables [Abstract]  
Receivables Receivables
As ofSeptember 3,
2026		August 28,
2025
Trade receivables$31,793 $7,163 
Government incentives
3,319 1,572 
Income and other taxes635 436 
Other450 94 
$36,197 $9,265 
v3.26.3
Inventories
 12 Months Ended
Sep. 03, 2026
Inventory Disclosure [Abstract]  
Inventories Inventories
As ofSeptember 3,
2026		August 28,
2025
Finished goods$958 $1,094 
Work in process8,252 6,401 
Raw materials and supplies1,162 860 
$10,372 $8,355 
v3.26.3
Property, Plant, and Equipment
 12 Months Ended
Sep. 03, 2026
Property, Plant, and Equipment [Abstract]  
Property, Plant, and Equipment Property, Plant, and Equipment
As ofSeptember 3,
2026		August 28,
2025
Land$420 $420 
Buildings26,493 22,173 
Equipment(1)
93,954 79,934 
Construction in progress(2)
11,424 5,518 
Software1,885 1,651 
134,176 109,696 
Accumulated depreciation(70,866)(63,106)
$63,310 $46,590 
(1)Includes costs related to equipment not placed into service of $6.12 billion as of September 3, 2026 and $4.05 billion as of August 28, 2025.
(2)Primarily includes building-related construction and tool installation.
The carrying value of our finance lease right-of-use assets included in property, plant, and equipment was $2.40 billion and $3.00 billion as of September 3, 2026 and August 28, 2025, respectively.

In March 2026, we completed the acquisition of a wafer fabrication facility in Tongluo, Miaoli County, Taiwan, from Powerchip Semiconductor Manufacturing Corporation for total cash consideration of $1.80 billion.

Depreciation expense was $9.42 billion, $8.28 billion, and $7.70 billion for 2026, 2025, and 2024, respectively. Interest capitalized as part of the cost of property, plant, and equipment was $383 million, $321 million, and $225 million for 2026, 2025, and 2024, respectively.
v3.26.3
Accounts Payable and Accrued Expenses
 12 Months Ended
Sep. 03, 2026
Payables and Accruals [Abstract]  
Accounts Payable and Accrued Expenses Accounts Payable and Accrued Expenses
As ofSeptember 3,
2026		August 28,
2025
Accounts payable$3,518 $3,132 
Property, plant, and equipment8,618 4,391 
Income and other taxes5,626 628 
Salaries, wages, and benefits4,447 1,116 
Other396 382 
$22,605 $9,649 
v3.26.3
Debt
 12 Months Ended
Sep. 03, 2026
Debt Disclosure [Abstract]  
Debt Debt
As of September 3, 2026As of August 28, 2025
Net Carrying AmountNet Carrying Amount
Stated RateEffective RatePrincipalCurrentLong-TermTotalPrincipalCurrentLong-TermTotal
2032 Green Bonds2.703 %2.77 %$1,000 $— $997 $997 $1,000 $— $996 $996 
2032 Notes
5.650 %5.79 %71 — 70 70 500 — 496 496 
2033 A Notes5.875 %5.96 %176 — 175 175 750 — 746 746 
2033 B Notes5.875 %6.01 %215 — 213 213 900 — 892 892 
2035 A Notes5.800 %5.90 %136 — 135 135 1,000 — 992 992 
2035 B Notes6.050 %6.14 %220 — 219 219 1,250 — 1,241 1,241 
2041 Notes3.366 %3.41 %500 — 497 497 500 — 497 497 
2051 Notes3.477 %3.52 %490 — 486 486 500 — 496 496 
2028 NotesN/AN/A— — — — 542 — 540 540 
2029 Term Loan AN/AN/A— — — — 984 — 982 982 
2029 A NotesN/AN/A— — — — 700 — 698 698 
2029 B NotesN/AN/A— — — — 1,159 — 1,168 1,168 
2030 Notes
N/AN/A— — — — 796 — 794 794 
2031 Notes
N/AN/A— — — — 1,000 — 995 995 
Finance lease liabilitiesN/A4.71 %2,387 491 1,896 2,387 3,044 560 2,484 3,044 
 
$5,195 $491 $4,688 $5,179 $14,625 $560 $14,017 $14,577 

As of September 3, 2026, all of our debt, other than finance lease liabilities, were unsecured obligations that rank equally in right of payment with all of our other existing and future unsecured indebtedness and were effectively subordinated to all future secured indebtedness, to the extent of the value of the assets securing such indebtedness. All our unsecured debt were obligations of our parent company, Micron, and were structurally subordinated to all liabilities of its subsidiaries, including trade payables. The terms of our indebtedness generally contain cross payment default and cross acceleration provisions. Micron’s guarantees of certain liabilities of its subsidiaries are unsecured obligations ranking equally in right of payment with all of Micron’s other existing and future unsecured indebtedness.
The fair value of our outstanding notes payable was $2.43 billion as of September 3, 2026, and $11.57 billion as of August 28, 2025. The fair value of our debt instruments was estimated based on Level 2 inputs, including the trading price of our notes when available, discounted cash flows, and interest rates based on similar debt issued by parties with credit ratings similar to ours.

Debt Activity

The table below presents the effects of prepayment activities in 2026:
Transaction DateDecrease in PrincipalDecrease in Carrying ValueDecrease in Cash
Prepayments
2028 NotesOctober 24, 2025$(542)$(541)$(562)
2029 B NotesOctober 24, 2025(1,159)(1,168)(1,276)
2029 Term Loan AOctober 27, 2025(984)(982)(984)
2051 NotesJanuary 23, 2026(10)(10)(7)
2029 A NotesFebruary 20, 2026(700)(698)(726)
2030 NotesFebruary 23, 2026(796)(794)(816)
2031 NotesApril 3, 2026(738)(734)(773)
2032 NotesApril 3, 2026(429)(426)(456)
2033 A NotesApril 3, 2026(574)(571)(616)
2033 B NotesApril 3, 2026(685)(679)(734)
2035 A NotesApril 3, 2026(864)(857)(921)
2035 B NotesApril 3, 2026(1,030)(1,022)(1,114)
2031 NotesJuly 27, 2026(262)(261)(270)
$(8,773)$(8,743)$(9,255)

In connection with these prepayments, we recognized losses in other non-operating income (expense) of $510 million for 2026.

Senior Unsecured Notes

We may redeem our 2032 Green Bonds, 2032 Notes, 2033 A Notes, 2033 B Notes, 2035 A Notes, 2035 B Notes, 2041 Notes, and 2051 Notes (the “Senior Unsecured Notes”), in whole or in part, at a redemption price equal to the greater of (i) 100% of the principal amount of the notes to be redeemed and (ii) the present value of the remaining scheduled payments of principal and interest, plus, in each case, accrued interest. We may also redeem any series of the Senior Unsecured Notes, in whole or in part, at a redemption price equal to 100% of the principal amount of the notes to be redeemed plus accrued interest between two and six months prior to the applicable maturity date, in accordance with the respective terms of such series.

The Senior Unsecured Notes contain covenants that, among other things, limit, in certain circumstances, our ability and/or the ability of our restricted subsidiaries (which are generally domestic subsidiaries in which we own at least 80% of the voting stock and which own principal property, as defined in the indenture governing the Senior Unsecured Notes) to (1) create or incur certain liens; (2) enter into certain sale and lease-back transactions with respect to any principal property; and (3) consolidate with or merge with or into, or convey, transfer, or lease all or substantially all of our properties and assets, to another entity. These covenants are subject to a number of limitations and exceptions. Additionally, if a change of control triggering event occurs, as defined in the indenture governing each series of the Senior Unsecured Notes, we will be required to offer to repurchase the Senior Unsecured Notes of such series at a price equal to 101% of the principal amount plus accrued interest up to the repurchase date.
Finance Lease Liabilities

Our finance leases consist primarily of (1) equipment leases and (2) gas and other supply agreements that are deemed to contain embedded leases. Certain supply or service agreements require us to exercise judgment to determine whether the agreement contains a lease. Our assessment includes determining whether we or the supplier control the assets used to fulfill the agreements. Our gas supply arrangements generally are deemed to contain a lease because we have the right to substantially all of the output of the assets used to produce the supply and we have the right to change the quantity and timing of the output of those assets. Our finance lease liabilities had a weighted-average expected term of seven years as of September 3, 2026 and August 28, 2025.

Certain third-party special purpose entities (the “Lease SPEs”) facilitate equipment lease financing transactions between us and various financial institutions. Neither we nor the financial institutions have an equity interest in the Lease SPEs, which are variable interest entities. The arrangements are financing vehicles and we do not bear any significant risks from variable interests with the Lease SPEs. We do not have the power to direct the activities of the Lease SPEs that most significantly impact their economic performance and, as such, we do not consolidate them. We had approximately $1.02 billion and $1.58 billion of finance lease liabilities and right-of-use assets under these arrangements as of September 3, 2026 and August 28, 2025, respectively.

Revolving Credit Facility

On May 6, 2026, we reduced our borrowing capacity under the Revolving Credit Facility from $3.50 billion to $2.00 billion. As of September 3, 2026, no amounts were outstanding under the Revolving Credit Facility. Borrowing under the Revolving Credit Facility would generally bear interest at a rate equal to adjusted term SOFR plus 0.875% to 1.50%, depending on our corporate credit ratings. Any amounts outstanding under the Revolving Credit Facility would mature on March 12, 2030 and amounts borrowed may be prepaid without penalty. Any obligations under the Revolving Credit Facility would be unsecured.

The Revolving Credit Facility requires us to maintain, on a consolidated basis, a net leverage ratio of total net indebtedness to adjusted EBITDA, as defined in the Revolving Credit Facility agreement and calculated as of the last day of each fiscal quarter, not to exceed 3.25 to 1.00, subject to a temporary four fiscal quarter increase in such maximum ratio to 3.75 to 1.00 following certain material acquisitions.

Maturities of Notes Payable and Finance Lease Liabilities

As of September 3, 2026, maturities of notes payable and finance lease liabilities by fiscal year were as follows:
Notes
Payable		Finance Leases
2027$— $577 
2028— 560 
2029— 500 
2030— 349 
2031— 130 
2032 and thereafter2,808 659 
Discounts and imputed interest, respectively(16)(388)
$2,792 $2,387 
v3.26.3
Commitments
 12 Months Ended
Sep. 03, 2026
Commitments and Contingencies Disclosure [Abstract]  
Commitments Commitments
As of September 3, 2026, we had noncancelable commitments with remaining contractual terms in excess of one year of approximately $10.8 billion for purchase obligations, of which approximately $1.3 billion will be due in 2027, $1.8 billion due in 2028, $1.4 billion due in 2029, $1.1 billion due in 2030, $800 million due in 2031, and $4.4 billion due in 2032 and thereafter. Purchase obligations primarily include payments for goods or services with either a fixed or minimum quantity and price, which includes payments for the acquisition of property, plant, and equipment. Payments for finance leases for gas supply arrangements deemed to contain embedded leases that have been executed but have not yet commenced are also included. We will recognize right-of-use assets and associated lease liabilities at the time such assets become available for our use.
v3.26.3
Contingencies
 12 Months Ended
Sep. 03, 2026
Loss Contingency [Abstract]  
Contingencies Contingencies
We are currently a party to legal actions other than those described below arising from the normal course of business, none of which are expected to have a material adverse effect on our business, results of operations, or financial condition.

Patent Matters

As is typical in the semiconductor and other high-tech industries, from time to time, others have asserted, and may in the future assert, that our products or manufacturing processes infringe upon their intellectual property rights. A description of certain claims is below.

On April 28, 2021, Netlist, Inc. (“Netlist”) filed two patent infringement actions against Micron, Micron Semiconductor Products, Inc. (“MSP”), and Micron Technology Texas, LLC (“MTEC”) in the U.S. District Court for the Western District of Texas (“W.D. Tex.”). On March 31, 2022, Netlist filed a patent infringement complaint against Micron and Micron Semiconductor (Deutschland) GmbH (“MSG”) in Düsseldorf Regional Court alleging that two German patents are infringed by certain of our load-reduced dual in-line memory modules (“LRDIMMs”). The complaint seeks damages, costs, and injunctive relief.
On June 10, 2022, Netlist filed a patent infringement complaint against Micron, MSP, and MTEC in the U.S. District Court for the Eastern District of Texas (“E.D. Tex.”) alleging that six U.S. patents are infringed by certain of our memory modules and HBM products. On August 1, 2022, Netlist filed a second patent infringement complaint against the same defendants in E.D. Tex. alleging that one U.S. patent is infringed by certain of our LRDIMMs. Additional patents were added by subsequent amendments to the complaint. The complaints in E.D. Tex. seek injunctive relief, damages, and attorneys’ fees.

On May 19, 2025, Netlist filed a complaint against Micron, MSP, and MTEC in E.D. Tex. alleging that one U.S. patent is infringed by our HBM products. On March 6, 2026, the E.D. Tex. transferred the case to the U.S. District Court for the District of Delaware (“D. Del.”) pursuant to a motion by Micron to dismiss or transfer for improper venue. On July 28, 2025, Netlist filed an additional complaint against Micron, MSP, and MTEC in E.D. Tex. alleging that one U.S. patent is infringed by certain of our DIMMs.

On June 23, 2026, Netlist filed a counterclaim against Micron and MSP in D. Del. alleging that one U.S. patent is infringed by our HBM products. The counterclaim seeks damages, attorneys’ fees, and other equitable relief.

On August 10, 2026, Netlist filed a complaint against Micron and MSP in the U.S. District Court for the Central District of California (“C.D. Cal.:) alleging that two U.S. patents are infringed by certain of our DIMMs.

On August 10, 2026, Netlist filed a complaint to the U.S. International Trade Commission (“ITC”) requesting the ITC to institute an investigation under Section 337 of the Tariff Act of 1930 for patent infringement. The ITC instituted an investigation on September 23, 2026. Netlist’s complaint alleges that four U.S. patents are infringed by certain of our DRAM products and seeks an exclusion order barring importation of such products.

On October 5, 2026, Netlist and Micron agreed to dismiss all litigation claims against one another pursuant to settlement and license agreements.

On January 23, 2023, BeSang Inc. filed a patent infringement complaint against Micron in E.D. Tex. The complaint alleges that one U.S. patent is infringed by certain of our 3D NAND and SSD products. The complaint seeks an injunction, damages, attorneys’ fees, and costs. On September 17, 2025, the District Court issued a judgment that the accused products do not infringe the asserted patent. On October 17, 2025, BeSang filed a notice of appeal of the District Court’s judgment.

On November 9, 2023, Yangtze Memory Technologies Company, Ltd. (“YMTC”) filed a patent infringement complaint against Micron and one of its subsidiaries in the U.S. District Court for the Northern District of California (“N.D. Cal.”). The complaint alleges that eight U.S. patents are infringed by certain of our 3D NAND products. The complaint seeks an injunction, damages, attorneys’ fees, and costs. On January 22, 2024, Micron Semiconductor (Shanghai) Co., Ltd. (“MSS”) was served with three patent infringement complaints filed by YMTC in Beijing Intellectual Property Court and on February 27, 2024, Micron was served with the same complaints. The complaints assert that Micron and MSS infringed three Chinese patents owned by YMTC by importing, selling, offering for sale, and assisting others to sell certain 3D NAND products and SSDs in China. The complaint seeks an injunction, damages, attorneys’ fees, and costs. On July 12, 2024, YMTC filed a second complaint against Micron and its subsidiary in N.D. Cal. The second complaint alleges that eleven U.S. patents are infringed by certain of our 3D NAND and DDR5 DRAM products. The complaint seeks an injunction, damages, attorneys’ fees, and costs. On September 11, 2024, MSS was served with five patent infringement complaints filed by YMTC in Shanghai Intellectual Property Court. The complaints assert that Micron and MSS infringed five Chinese patents owned by YMTC by importing, selling, offering for sale, and assisting others to sell certain 3D NAND products and SSDs in China. The complaint seeks an injunction, damages, attorneys’ fees, and costs.
On October 6, 2025, YMTC filed several patent infringement complaints against Micron and certain of its subsidiaries alleging that the Company’s manufacture, importation, sale, offering for sale, and/or assisting others to sell certain NAND and DRAM products infringe certain patents owned by YMTC. Specifically, YMTC filed the following complaints: A patent infringement complaint against Micron, MSP, and MTEC in E.D. Tex. alleging that seven patents are infringed by certain of our 3D NAND products and one patent is infringed by certain of our LPDRAM products; a patent infringement complaint in the London Chancery Division of the English High Court against Micron and Micron Europe Limited (“MEL”) alleging that three patents are infringed by certain of our NAND and DRAM products; three complaints against Micron and various combinations of subsidiaries, including MEL, MSP, MSG, and Micron Semiconductor France SAS in the Unified Patent Court in Dusseldorf, Germany, alleging that three patents are infringed by certain of our 3D NAND and LPDRAM products; and five complaints against Micron, MEL, and MSG in Munich Regional Court in Munich, Germany, alleging that four utility models and one patent are infringed by certain of our 3D NAND products. Each of the complaints filed against us by YMTC on October 6, 2025, seeks an injunction, attorneys’ fees, damages, and costs.

On September 17 and 18, 2026, the Munich Regional Court held a hearing regarding infringement of the asserted utility models and patent. At the conclusion of the hearing, the court indicated that it would find that certain of Micron’s 3D NAND products infringe two of the asserted utility models. On October 6, 2026, the court issued written rulings requiring Micron to cease and desist offering, marketing, importing, or possessing the accused 3D NAND products in Germany and to stop deliveries of products abroad to customers where Micron knows or has clear indications the customer will supply the products into Germany; to provide an accounting regarding alleged infringing acts; and to surrender accused products located in Germany unless already incorporated into third parties’ end devices. The court further indicated that additional proceedings will be held in June and September 2027 regarding the other two asserted utility models and the asserted patent. Micron has appealed the infringement ruling regarding the two utility models.

On June 30, 2025, Advanced Memory Technologies, LLC (“AMT”) filed a patent infringement complaint against Micron in W.D. Tex. alleging that four U.S. patents are infringed by certain of our DRAM and NAND products. On November 4, 2025, AMT amended the complaint to allege that a fifth patent is infringed by certain of our DRAM products. The complaint seeks an injunction, damages, attorneys’ fees, and costs. On July 6, 2026, the case was transferred to the U.S. District Court for the District of Idaho (“D. Idaho”).

On March 6, 2026, Nextech Semiconductor, LLC (“Nextech”) filed a patent infringement complaint against Micron and MSP in W.D. Tex. alleging that six U.S. patents are infringed by certain of our DRAM, NAND, and SSD products. The complaint seeks an injunction, damages, attorneys’ fees, and costs.

The above lawsuits pertain to substantially all of our DRAM, NAND, and other memory and storage products we manufacture, which account for substantially all of our revenue.

Antitrust Matters

On June 25, 2026, certain individuals and businesses filed a putative class action complaint in N.D. Cal. against Micron, Samsung Electronics Co., Ltd. and one of its subsidiaries, and SK hynix Inc. and one of its subsidiaries, on behalf of a putative class of purchasers of DRAM products, alleging that the defendants conspired to restrict the supply of, and fix prices for, DRAM products in violation of the Sherman Act and various state antitrust and consumer protection laws, for a period beginning October 26, 2022. The complaint seeks damages, treble damages, injunctive relief, attorneys’ fees, and costs. On July 17, 2026, an individual filed a complaint containing similar allegations of conspiracy against the same defendants in the U.S. District Court for the District of Hawaii.
Other Matters

On June 7, 2025, YMTC filed a complaint against Micron and DCI Group AZ, LLC in the U.S. District Court for the District of Columbia. The complaint alleges that the defendants engaged in false advertising, product disparagement, and unfair competition regarding YMTC’s 3D NAND flash products in violation of the Lanham Act. The complaint sought injunctive relief, damages, disgorgement of profits, attorneys’ fees, and costs. On August 13, 2026, the District Court granted the defendants’ motions to dismiss YMTC’s complaint. On August 24, 2026, YMTC filed a notice of appeal to the U.S. Court of Appeals for the District of Columbia Circuit.

On January 16, 2026, Neighbors for a Better Micron and Jobs to Move America filed a petition in the Supreme Court of New York against Micron, one of our subsidiaries, Onondaga County Industrial Development Agency (“OCIDA”), and certain other state and local government entities. The petition challenges certain aspects of OCIDA’s environmental review of the Company’s planned construction of up to four fabs in Clay, New York, and seeks a judgment to annul, vacate, and void all permits, approvals, and findings issued by the named government entities related to the project. The petition further seeks costs and attorneys’ fees. On July 31, 2026, the same plaintiffs filed a petition in the Supreme Court of New York against the same defendants challenging certain permits issued for Micron’s construction related activities in Clay, New York. The petition seeks a judgment to annul, vacate and void such permits and an award to the petitioners of costs and attorneys’ fees.

In the normal course of business, we are a party to a variety of agreements pursuant to which we may be obligated to indemnify another party. It is not possible to predict the maximum potential amount of future payments under these types of agreements due to the conditional nature of our obligations and the unique facts and circumstances involved in each particular agreement. Historically, our payments under these types of agreements have not had a material adverse effect on our business, results of operations, or financial condition.

Contingency Assessment

Except for the patent license charges recognized in the fourth quarter of 2026, we are unable to predict the outcome of any of the matters noted above and cannot make a reasonable estimate of the potential loss or range of possible losses. See Note 17. Other Operating (Income) Expense, Net. A determination that our products or manufacturing processes infringe the intellectual property rights of others or entering into a license agreement covering such intellectual property could result in significant liability and/or require us to make material changes to our products and/or manufacturing processes. Any of the foregoing, as well as the resolution of any other legal matter noted above, could have a material adverse effect on our business, results of operations, or financial condition.
v3.26.3
Equity
 12 Months Ended
Sep. 03, 2026
Equity [Abstract]  
Equity Equity
Common Stock Repurchases

In 2018, our Board of Directors authorized a stock repurchase program for the discretionary repurchase of up to $10 billion (the “2018 authorization”) of our outstanding common stock through open-market purchases, block trades, privately-negotiated transactions, derivative transactions, and/or pursuant to Rule 10b5-1 trading plans and on October 8, 2026 our Board of Directors authorized an increase in the maximum amount of discretionary repurchases of our outstanding common stock to be made from December 9, 2026 to $35.16 billion. Any repurchases made will be in accordance with our CHIPS Act direct funding agreements. Our stock repurchase program and the new authorization have no expiration date, do not obligate us to acquire any common stock, and are subject to market conditions, restrictions applicable under our CHIPS Act direct funding agreements, and our ongoing determination of the best use of available cash. See Note 15. Government Incentives. We repurchased 2.5 million shares of our common stock for $650 million in 2026. No shares were repurchased in 2025. Through September 3, 2026, we had repurchased an aggregate of $7.84 billion under the 2018 authorization. Amounts repurchased are included in treasury stock.
Dividends

We declared and paid dividends of $0.115 per share in the first and second quarters of 2026 and $0.15 per share in the third and fourth quarters of 2026. On September 30, 2026, our Board of Directors declared a quarterly dividend of $0.15 per share, payable in cash on October 29, 2026, to shareholders of record as of the close of business on October 14, 2026.
v3.26.3
Derivative Instruments
 12 Months Ended
Sep. 03, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Instruments Derivative Instruments
Notional or Contractual Amount
Fair Value(1) of
Assets(2)
Liabilities(3)
As of September 3, 2026
Derivative instruments with hedge accounting designation
Cash flow currency hedges
$4,429 $28 $(80)
Cash flow commodity hedges446 85 (9)
Fair value currency hedges
11,493 1 (21)
Derivative instruments without hedge accounting designation
Non-designated currency hedges
20,148 38 (57)
$152 $(167)
As of August 28, 2025
Derivative instruments with hedge accounting designation
Cash flow currency hedges
$3,271 $41 $(64)
Cash flow commodity hedges393 19 (20)
Fair value currency hedges3,049 1 (10)
Derivative instruments without hedge accounting designation
Non-designated currency hedges
3,477 3 (18)
$64 $(112)
(1)Forward and swap contracts are measured at fair value based on market-based observable inputs including market spot and forward rates, interest rates, and credit-risk spreads (Level 2).
(2)Included in receivables and other noncurrent assets.
(3)Included in accounts payable and accrued expenses and other noncurrent liabilities.

Derivative Instruments with Hedge Accounting Designation

Cash Flow Hedges: We utilize forward and swap contracts that generally mature within two years designated as cash flow hedges to minimize our exposure to changes in currency exchange rates or commodity prices for certain capital expenditures and manufacturing costs.

Fair Value Hedges: We utilize currency forward contracts that generally mature within one year designated as fair value hedges to minimize our exposure to changes in currency exchange rates for non-U.S.-dollar-denominated cash and investments in debt securities. The fair value of our hedged cash and investments in debt securities was $11.51 billion and $3.05 billion as of September 3, 2026 and August 28, 2025, respectively. The changes in the fair values of derivatives designated as fair value hedges and the offsetting changes in the underlying fair values of the hedged items are both recognized in earnings.
Derivative Instruments without Hedge Accounting Designation

Currency Derivatives: We generally utilize a rolling hedge strategy with currency forward contracts that mature within one year to hedge our exposures of monetary assets and liabilities from changes in currency exchange rates. At the end of each reporting period, monetary assets and liabilities denominated in currencies other than the U.S. dollar are remeasured into U.S. dollars and the associated outstanding forward contracts are marked to market. Realized and unrealized gains and losses on derivative instruments without hedge accounting designation, as well as the changes in the underlying monetary assets and liabilities from changes in currency exchange rates, are included in other non-operating income (expense), net.

Gains and losses from our derivative instruments were not material for the periods presented.

Derivative Counterparty Credit Risk and Master Netting Arrangements

Our derivative instruments expose us to credit risk to the extent counterparties may be unable to meet the terms of the contracts. Our maximum exposure to loss due to credit risk if counterparties fail completely to perform according to the terms of the contracts would generally equal the fair value of assets for these contracts as listed in the tables above. We seek to mitigate such risk by limiting our counterparties to major financial institutions and by spreading risk across multiple financial institutions. As of September 3, 2026 and August 28, 2025, amounts netted under our master netting arrangements were not material.
v3.26.3
Equity Compensation Plans
 12 Months Ended
Sep. 03, 2026
Share-Based Payment Arrangement [Abstract]  
Equity Compensation Plans Equity Compensation Plans
As of September 3, 2026, 47 million shares of our common stock were available for future awards under our equity compensation plans, including 6 million shares approved for issuance under our employee stock purchase plan (“ESPP”).

Restricted Stock and Restricted Stock Units (“Restricted Stock Awards”)

As of September 3, 2026, there were 19 million shares of Restricted Stock Awards outstanding, 16 million of which are only subject to service-based vesting conditions. Service-based Restricted Stock Awards generally vest on 25% of the units granted after the first year and on 6.25% each quarter thereafter over the remaining three years of employment. Restricted Stock Awards with performance or market-based vesting conditions vest over a three-year period as conditions are met. At the end of the performance period, the number of actual shares to be awarded will vary between 0% and 200% of target amounts, depending upon the achievement level. Our unvested restricted stock awards generally include dividend equivalent rights.

Restricted Stock Awards activity for 2026 is summarized as follows:
Number of SharesWeighted-Average Grant Date Fair Value Per Share
Outstanding as of August 28, 2025
25 $82.12 
Granted7 243.13 
Vested
(12)76.24 
Forfeited
(1)103.43 
Outstanding as of September 3, 202619 144.38 

For the year ended202620252024
Restricted stock award shares granted71113
Weighted-average grant-date fair value per share$243.13 $101.15 $72.72 
Aggregate vesting-date fair value of shares vested
$4,846 $1,322 $1,008 
Employee Stock Purchase Plan (“ESPP”)

Our ESPP is offered to substantially all employees and permitted eligible employees to purchase shares of our common stock through payroll deductions of up to 15% of their eligible compensation, subject to certain limitations. The purchase price of the shares under the ESPP equals 85% of the lower of the fair market value of our common stock on either the first or last day of each six-month offering period. Under the ESPP, employees purchased 2 million shares of common stock in 2026, and 4 million shares of common stock in each of 2025 and 2024.

Stock-based Compensation Expense

For the year ended202620252024
Stock-based compensation expense by caption
Cost of goods sold$528 $409 $312 
Research and development495 347 296 
Selling, general, and administrative259 219 213 
$1,282 $975 $821 
Stock-based compensation expense by type of award
Restricted stock awards$1,153 $877 $749 
ESPP129 98 72 
$1,282 $975 $821 

Income tax benefits related to the tax deductions for share-based awards are recognized only upon the settlement of the related share-based awards. Income tax benefits for share-based awards were $633 million, $163 million, and $140 million for 2026, 2025, and 2024, respectively. The capitalized stock-based compensation expense that remained in inventory was not material for any period presented. As of September 3, 2026, $1.98 billion of total unrecognized compensation costs for unvested awards, before the effect of any future forfeitures, was expected to be recognized through the fourth quarter of 2030, resulting in a weighted-average period of 1.2 years.
v3.26.3
Government Incentives
 12 Months Ended
Sep. 03, 2026
Government Assistance [Abstract]  
Government Incentives Government Incentives
We receive incentives from governmental entities primarily in India, Japan, Singapore, and the United States principally in the form of cash grants and tax credits. These incentives primarily relate to capital expenditures and may be subject to reimbursement if certain conditions are not met or maintained. The conditions attached to these incentives require us to incur expenditures related to the construction of new manufacturing facilities, the purchase and installation of specialized tools and equipment, R&D expenditures, meet and/or maintain operational metrics, and/or maintain certain levels of fixed asset investment or employee headcount during the incentive terms.

Government incentives related to capital expenditures have reduced property, plant and equipment by $10.93 billion as of September 3, 2026, of which $6.43 billion pertained to 2026 expenditures.

In 2026, operating income benefited by $901 million (approximately 78% in COGS and 22% in R&D) from government incentives that reduced depreciation expense and other operating incentives, which offset against the related expense.

The line items on the balance sheet affected by government incentives were as follows:
As ofSeptember 3,
2026		August 28,
2025
Receivables$3,319 $1,572 
Other noncurrent assets2,122 914 
Noncurrent unearned government incentives786 1,018 
In addition to the receivables and other noncurrent assets in the table above and cash incentives already received, we had commitments from various governmental entities, subject to achievement of certain performance conditions.

U.S. CHIPS Act Funding Agreements

On December 9, 2024, we entered into direct funding agreements with the U.S. Department of Commerce for up to $6.1 billion in direct funding pursuant to the CHIPS Act for a planned fab in Boise, Idaho and two planned fabs in Clay, New York. In June 2025, we entered into amendments to the direct funding agreements to add a second planned fab in Boise, Idaho and allocated certain award funding from the $6.1 billion grants previously awarded to the second planned Idaho fab. The direct funding for up to $6.1 billion remains unchanged. In 2025, we also entered into a direct funding agreement with the U.S. Department of Commerce for up to $275 million in direct funding for our fab in Manassas, Virginia. The direct funding agreement for our fab in Virginia is substantially similar to those for our fabs in Idaho and New York. The grants under the funding agreements represent total CHIPS Act grants of up to $6.4 billion in connection with our U.S. manufacturing expansion and modernization projects. Excluding the receivables and other noncurrent assets in the table above and cash incentives already received, the remaining unrecognized commitment related to the total CHIPS Act grants was $4.9 billion as of September 3, 2026.

Funding will be based on the achievement of construction, tool installation, and wafer production milestones. We retain discretion with respect to capacity and production volume ramp of each project. The agreements contain representations, warranties, and covenants that relate to compliance with requirements for awards provided for in the CHIPS Act. In addition, the agreements include certain events of default and related rights and remedies, including clawbacks related to the failure to complete a project by an agreed upon completion date, violation of CHIPS Act restrictions on certain activities involving foreign countries and entities of concern, and impermissible use or disposition of a project.

We are permitted to make customary and ordinary course recurring dividends (and reasonable ordinary course increases thereof) consistent with our past practice. There are restrictions on our payment of special and one-time dividends during the five-year period following the Idaho and New York award date of December 9, 2024. Share repurchases are permitted during the first two years of such five-year period up to amounts specified in the funding agreements to help offset the dilutive effects of employee stock compensation or as otherwise permitted by the U.S. Department of Commerce. During the final three years of such five-year period, stock repurchases are subject to financial and other conditions, including limitations based on free cash flow, net of CHIPS Act grant incentives received with respect to capital expenditures and net of dividends paid, each as defined in the direct funding agreements.

We may be required to pay upside sharing amounts for a period of up to ten years following the first year in which the cumulative cash flow from a project is positive, if cumulative cash flows from the project exceed a threshold level that is at a significant premium to the baseline projection. The upside sharing amount would equal a modest sharing percentage of the excess cash flows above the threshold level, but not to exceed 75% of award disbursements for a project, after considering any clawbacks or other repayments.

In addition to the $4.9 billion commitment amount above, we receive an investment tax credit on qualified investments in U.S. semiconductor manufacturing under the CHIPS Act. The One Big Beautiful Bill Act increased the investment tax credit from 25% to 35% on qualified investments. As qualified investments are made, we recognize investment tax credits in receivables or other noncurrent assets.

We have also signed a non-binding term sheet with the state of New York that provides up to $5.5 billion in funding for the planned four-fab facility over the next 20-plus years through a combination of tax credits for qualified capital investments and incentives for eligible new job wages.

Other Government Incentive Commitments

We receive incentives for the construction of a new assembly and test facility in Gujarat, India, representing 50% of the total project cost from the Indian central government and 20% of the total project cost from the state of Gujarat. The remaining unrecognized commitment was for up to 102 billion Indian rupees (approximately $1.1 billion) as of September 3, 2026.
We also receive incentives from the Japanese Ministry of Economy, Trade and Industry to support the production of DRAM using EUV lithography and to modernize our Hiroshima, Japan manufacturing facility. The remaining unrecognized commitment was for up to 536 billion Japanese yen (approximately $3.4 billion) as of September 3, 2026.
v3.26.3
Revenue and Customer Contract Liabilities
 12 Months Ended
Sep. 03, 2026
Revenue from Contract with Customer [Abstract]  
Revenue and Customer Contract Liabilities Revenue and Customer Contract Liabilities
Revenue by Technology

For the year ended202620252024
DRAM$100,679 $28,578 $17,603 
NAND31,785 8,503 7,227 
Other (primarily NOR)
724 297 281 
$133,188 $37,378 $25,111 

See Note 20. Segment and Other Information for disclosure of disaggregated revenue by market segment.

Revenue is primarily recognized at a point in time when control of the promised goods is transferred to our customers at an amount that reflects the consideration we expect to be entitled to in exchange for those goods. Contracts with certain of our customers are short-term in duration. We also have strategic customer agreements structured as take-or-pay agreements, with binding commitments for specific contractually enforceable volumes over the multi-year contract terms. Pricing for our contracts is either fixed or periodically negotiated, with the majority of the strategic customer agreements having pricing that is subject to minimum and maximum bands.

As of September 3, 2026, the transaction price allocated to our remaining performance obligations was approximately $134 billion, of which $13 billion has been recognized as contract liabilities. Contract liabilities primarily consisted of customer deposits associated with strategic customer agreements. Nearly all of the deposits are scheduled to be repaid between 2029 and 2031. Approximately one-fourth of the remaining performance obligations as of September 3, 2026 are expected to be recognized as revenue over the next twelve months. The remaining performance obligations are expected to be fully recognized within the next five years. As of August 28, 2025, our remaining performance obligations were not material.

Our remaining performance obligations are based on expected purchases to satisfy committed volumes and minimum pricing and are not expected to be indicative of future revenue under these contracts. We have excluded agreements from our remaining performance obligations that do not have either fixed pricing or price bands as the related consideration is variable at contract inception. As a practical expedient, we have excluded contracts that have an original term of one year or less from remaining performance obligations.

Certain strategic customer agreements also include terms requiring our customers to maintain letters of credit with third-party financial institutions. Our right to access letters of credit is contingent upon the occurrence of specified events of default or breach by our customers. Letters of credit are not recognized as revenue unless an event of default or breach has occurred. The aggregate amount of letters of credit issued, or contractually committed to be issued, by third-party financial institutions was $7 billion as of September 3, 2026, which represented the maximum potential proceeds available to us in the event of customer default or breach. In the event of customer default or breach, our contractual recovery rights may include proceeds from letters of credit, rights to decrement customer deposits and other contractual remedies.

As of September 3, 2026 and August 28, 2025, other current liabilities included $4.32 billion and $1.19 billion, respectively, for estimates of consideration payable to customers, including pricing adjustments and returns.
v3.26.3
Other Operating (Income) Expense, Net
 12 Months Ended
Sep. 03, 2026
Other Income and Expenses [Abstract]  
Other Operating (Income) Expense, Net Other Operating (Income) Expense, Net
For the year ended202620252024
Patent license charges$500 $57 $— 
Patent cross-license agreement gain— — (200)
Other67 43 (50)
$567 $100 $(250)
v3.26.3
Income Taxes
 12 Months Ended
Sep. 03, 2026
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
Our income tax (provision) benefit consisted of the following:
For the year ended202620252024
Income before income taxes and equity in net income (loss) of equity method investees
U.S.$4,819 $686 $544 
Foreign94,852 8,968 696 
$99,671 $9,654 $1,240 
Income tax (provision) benefit
Current
U.S. federal$(782)$(275)$(82)
State(272)(15)(1)
Foreign(14,180)(670)(333)
(15,234)(960)(416)
Deferred
U.S. federal522 (118)18 
State46 — — 
Foreign(95)(46)(53)
473 (164)(35)
Income tax (provision) benefit$(14,761)$(1,124)$(451)

In 2026, we adopted ASU 2023-09, Improvements to Income Tax Disclosure, on a prospective basis. The table below reconciles our tax (provision) benefit based on the U.S. federal statutory rate to our effective rate for the year ended September 3, 2026:
For the year ended2026
U.S. federal income tax (provision) benefit at statutory rate$(20,931)21.0 %
State taxes, net of federal benefit(1)
(162)0.2 %
Foreign effects
Singapore
Tax rate differential5,968 (6.0)%
Other(17)— %
Other foreign jurisdictions(316)0.3 %
Other(2)
697 (0.7)%
Income tax (provision) benefit
$(14,761)14.8 %
(1)State taxes in Illinois made up the majority of the tax effects for 2026.
(2)Includes the tax effects of nontaxable or nondeductible items, tax credits, impacts of cross border tax effects, and changes in unrecognized tax benefits.

The table below presents required disclosures prior to the adoption of ASU 2023-09 and reconciles our tax (provision) benefit based on the U.S. federal statutory rate to our effective rate for the years ended August 28, 2025 and August 29, 2024:
For the year ended20252024
U.S. federal income tax (provision) benefit at statutory rate
$(2,027)21.0 %$(260)21.0 %
U.S. tax on foreign operations(476)4.9 (7)0.6 
Change in valuation allowance36 (0.4)(59)4.8 
Change in unrecognized tax benefits(23)0.2 (41)3.3 
Foreign tax rate differential1,132 (11.7)(214)17.2 
Research and development tax credits208 (2.2)76 (6.1)
State taxes, net of federal benefit(7)0.1 12 (1.0)
Other33 (0.3)42 (3.4)
Income tax (provision) benefit$(1,124)11.6 %$(451)36.4 %

The table below provides the updated requirements of ASU 2023-09 for cash paid for income taxes, net of refunds:
For the year ended2026
Federal$275 
State(1)
153 
Foreign
Singapore481 
Other jurisdictions345 
Total cash paid for income taxes, net of refunds$1,254 
(1) State taxes in California made up the majority of the tax effects for 2026.

We operate in a number of jurisdictions outside the United States, including Singapore, where we have tax incentive arrangements. These incentives expire, in whole or in part, at various dates through 2034 and are conditional, in part, upon meeting certain business operations and employment thresholds. For 2026, tax incentive arrangements in Singapore reduced our income tax provision by $11.22 billion. This benefit was largely offset by $9.03 billion of qualified domestic minimum top-up taxes resulting from Singapore’s implementation of the OECD Pillar Two framework. Accordingly, the net benefit of tax incentive arrangements, primarily Singapore, to our income tax provision was $2.21 billion (benefiting our diluted earnings per share by $1.93). For 2025, tax incentive arrangements, primarily Singapore, reduced our income tax provision by $1.05 billion (benefiting our diluted earnings per share by $0.93). As a result of the low level of profitability and geographic mix of income, the benefit from tax incentive arrangements was not material for 2024.

Other noncurrent liabilities included $9.82 billion and $648 million related to income taxes payable as of September 3, 2026 and August 28, 2025, respectively.

As of September 3, 2026, certain non-U.S. subsidiaries had undistributed earnings that are deemed to be indefinitely reinvested. A provision has not been recognized to the extent that distributions from such subsidiaries would be subject to additional foreign withholding or state income tax. Determination of the amount of unrecognized deferred tax liabilities related to investments in these foreign subsidiaries is not practicable.
Deferred income taxes reflect the net tax effects of temporary differences between the bases of assets and liabilities for financial reporting and income tax purposes as well as carryforwards. Deferred tax assets and liabilities consist of the following:
As ofSeptember 3,
2026		August 28,
2025
Deferred tax assets
Net operating loss and tax credit carryforwards$737 $1,016 
Accrued salaries, wages, and benefits529 203 
Operating lease liabilities140 192 
Inventories119 25 
Property, plant, and equipment63 — 
Other202 37 
Gross deferred tax assets1,790 1,473 
Less valuation allowance(581)(634)
Deferred tax assets, net of valuation allowance1,209 839 
Deferred tax liabilities
Right-of-use assets(108)(163)
Other(172)(112)
Deferred tax liabilities(280)(275)
Net deferred tax assets$929 $564 

As of September 3, 2026, and August 28, 2025, we had a valuation allowance of $581 million and $634 million, respectively, against our net deferred tax assets, primarily related to carryforwards in Malaysia and U.S. states.

As of September 3, 2026, we had net operating loss carryforwards of $1.68 billion, of which $1.46 billion in Malaysia can be carried forward indefinitely and the remainder expires between 2027 and 2046.

As of September 3, 2026, we had tax credit carryforwards of $513 million, of which $100 million can be carried forward indefinitely and the remainder expires between 2027 and 2046.

Below is a reconciliation of the beginning and ending amount of our unrecognized tax benefits:
For the year ended202620252024
Beginning unrecognized tax benefits$735 $716 $744 
Increases related to tax positions from prior years17 11 2 
Increases related to prior year tax positions taken in current year
— — 20 
Increases related to tax positions taken in current year64 55 54 
Decreases related to tax positions from prior years(4)(8)(89)
Decreases related to settlement with tax authorities
— — (15)
Reductions due to lapsed statutes of limitations
(17)(39)— 
Ending unrecognized tax benefits$795 $735 $716 

As of September 3, 2026, gross unrecognized tax benefits were $795 million, which would have an impact of approximately $629 million on our effective tax rate in the future, if recognized. Amounts accrued for interest and penalties related to uncertain tax positions were not material for any period presented. The resolution of tax audits or expiration of statute of limitations could also reduce our unrecognized tax benefits.
Our U.S. federal and state tax returns remain open to examination for 2018 through 2026. We are currently under audit by the Internal Revenue Service for our 2018 and 2019 tax years. In addition, tax returns that remain open to examination in Singapore, Taiwan, and Japan range from the years 2021 to 2026.
v3.26.3
Earnings Per Share
 12 Months Ended
Sep. 03, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
For the year ended202620252024
Net income – Basic and Diluted$84,969 $8,539 $778 
Weighted-average common shares outstanding – Basic1,127 1,116 1,105 
Dilutive effect of equity compensation plans
16 9 13 
Weighted-average common shares outstanding – Diluted1,143 1,125 1,118 
Earnings per share
Basic$75.38 $7.65 $0.70 
Diluted74.33 7.59 0.70 

Antidilutive potential common shares excluded from the computation of diluted earnings per share, that could dilute basic earnings per share in the future, were as follows at the end of the periods shown:
For the year ended202620252024
Equity compensation plans
— 6 3 
v3.26.3
Segment and Other Information
 12 Months Ended
Sep. 03, 2026
Segment Reporting [Abstract]  
Segment and Other Information Segment and Other Information
Segment information reported herein is consistent with the way our Chief Executive Officer, who is our Chief Operating Decision Maker (“CODM”), assesses the performance of our segments based on segment revenue, cost of goods sold, operating expenses, and operating income. The segment information reported herein is regularly provided to and reviewed and evaluated by our CODM to budget, forecast, and decide how to allocate resources for capital investments, human capital, and other strategic investments across our segments.

We have the following four business units, which are our reportable segments:

•Cloud Memory Business Unit (“CMBU”): Focused on memory solutions for large hyperscale cloud customers, and HBM for all data center customers.
•Core Data Center Business Unit (“CDBU”): Focused on storage solutions for all data center customers, including data center SSDs and NAND components, and memory solutions for OEM data center, enterprise, and NeoCloud customers.
•Mobile and Client Business Unit (“MCBU”): Focused on memory and storage solutions for the mobile and client segments.
•Automotive and Embedded Business Unit (“AEBU”): Focused on memory and storage solutions for the automotive, industrial, and consumer segments.

Our other operations do not meet the thresholds of a reportable segment and are reported under All Other. Certain operating expenses directly associated with the activities of a specific segment are charged to that segment. Other indirect operating income and expenses are generally allocated to segments based on their respective percentage of cost of goods sold or forecasted wafer production. Certain income and expenses are not allocated to segments because our CODM does not consider these amounts in the assessment of the performance of our segments. The unallocated amounts consisted primarily of stock-based compensation. Additionally, the unallocated amounts included $500 million of patent license charges in other operating (income) expense, net in 2026 and a $987 million benefit in cost of goods sold in 2024 from the sale of inventories that had been written down to their net realizable value in 2023.
For the year ended 2026CMBUCDBU
MCBU
AEBUAll Other
Unallocated
Total
Revenue$43,085 $37,592 $36,601 $15,886 $24 $— $133,188 
Cost of goods sold8,802 6,031 6,413 3,891 19 528 25,684 
Gross margin34,283 31,561 30,188 11,995 5 (528)107,504 
Research and development2,510 1,648 550 443 1 498 5,650 
Selling, general, and administrative549 374 430 335 — 259 1,947 
Other operating (income) expense, net(1)— — — 2 566 567 
Operating income$31,225 $29,539 $29,208 $11,217 $2 $(1,851)$99,340 

For the year ended 2025CMBUCDBU
MCBU
AEBUAll Other
Unallocated
Total
Revenue$13,524 $7,229 $11,859 $4,753 $13 $— $37,378 
Cost of goods sold5,867 3,995 8,650 3,566 14 413 22,505 
Gross margin7,657 3,234 3,209 1,187 (1)(413)14,873 
Research and development1,315 864 836 435 — 348 3,798 
Selling, general, and administrative213 188 390 195 — 219 1,205 
Other operating (income) expense, net— 2 2 — — 96 100 
Operating income$6,129 $2,180 $1,981 $557 $(1)$(1,076)$9,770 

For the year ended 2024CMBUCDBU
MCBU
AEBUAll Other
Unallocated
Total
Revenue$3,792 $4,984 $11,667 $4,631 $37 $— $25,111 
Cost of goods sold2,677 3,638 10,222 3,598 20 (657)19,498 
Gross margin1,115 1,346 1,445 1,033 17 657 5,613 
Research and development769 960 994 425 — 282 3,430 
Selling, general, and administrative107 139 485 186 (1)213 1,129 
Other operating (income) expense, net(5)(8)(33)(10)— (194)(250)
Operating income$244 $255 $(1)$432 $18 $356 $1,304 

Depreciation and amortization expense included in operating income was as follows:
For the year ended
202620252024
CMBU$3,335 $2,260 $1,112 
CDBU2,237 1,530 1,434 
MCBU2,490 3,177 3,762 
AEBU1,431 1,375 1,447 
All Other6 5 7 
Unallocated4 5 18 
$9,503 $8,352 $7,780 
We do not identify or report internally our assets (other than goodwill) or capital expenditures by segment, nor do we allocate gains and losses from equity method investments, interest, other non-operating income or expense items, or taxes to segments. As of September 3, 2026 and August 28, 2025, CMBU, CDBU, MCBU, and AEBU had goodwill of $654 million, $109 million, $284 million, and $103 million, respectively.
v3.26.3
Certain Concentrations
 12 Months Ended
Sep. 03, 2026
Risks and Uncertainties [Abstract]  
Certain Concentrations Certain Concentrations
Our business units are based on market segments. See Note 20. Segment and Other Information for disclosure of disaggregated revenue by market segment. No customer accounted for 10% or more of total revenue in 2026. Revenue from one customer was 17% (primarily included in the CMBU segment) of total revenue for 2025. Revenue from one customer was 10% (primarily included in the MCBU, AEBU, and CMBU segments) of total revenue for 2024.

We generally have multiple sources of supply for our raw materials and production equipment; however, only a limited number of suppliers are capable of delivering certain raw materials and production equipment that meet our standards and, in some cases, materials or production equipment are provided by a single supplier.

Financial instruments that potentially subject us to concentrations of credit risk consist principally of cash, money market accounts, certificates of deposit, fixed-income securities, trade receivables, share repurchase, and derivative contracts. We invest in high-credit-quality issuers and, by policy, generally limit the concentration of credit exposure by restricting investments with any single obligor and monitor credit risk on an ongoing basis. A concentration of credit risk may exist with respect to receivables of certain customers. We perform ongoing credit evaluations of customers worldwide and generally do not require collateral from our customers to mitigate credit risk. Historically, we have not experienced material losses on receivables. A concentration of risk may also exist with respect to our derivative hedging programs as the number of counterparties to our hedges is limited and the notional amounts are relatively large. We seek to mitigate such risk by limiting our counterparties to major financial institutions and through entering into master netting arrangements.
v3.26.3
Geographic Information
 12 Months Ended
Sep. 03, 2026
Segment Reporting [Abstract]  
Geographic Information Geographic Information
Revenue based on the geographic location of our customers’ headquarters was as follows:
For the year ended202620252024
U.S.
$91,323 $24,113 $13,168 
Taiwan16,950 5,672 4,708 
Mainland China (excluding Hong Kong)8,338 2,639 3,045 
Hong Kong6,289 1,138 1,071 
Other Asia Pacific5,777 1,913 1,330 
Japan2,066 895 840 
Europe
1,716 625 818 
Other729 383 131 
$133,188 $37,378 $25,111 

Long-lived assets by geographic area consisted of property, plant, and equipment and operating lease right-of-use assets and were as follows:
As ofSeptember 3,
2026		August 28,
2025
Taiwan$27,613 $18,965 
U.S.14,463 8,445 
Singapore12,345 10,669 
Japan7,247 7,038 
Malaysia1,184 1,124 
India609 449 
China473 544 
Other97 92 
$64,031 $47,326 
v3.26.3
Insider Trading Arrangements
 3 Months Ended
Sep. 03, 2026
shares
Trading Arrangements, by Individual  
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
Scott DeBoer [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
On July 17, 2026, Scott DeBoer, our President and Chief Technology and Products Officer, adopted a Rule 10b5-1 trading arrangement providing for the sale of an aggregate of up to 85,632 shares of our common stock. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The first date that sales of any shares are permitted to be sold under the trading arrangement is October 16, 2026, and subsequent sales under the trading arrangement may occur on a regular basis for the duration of the trading arrangement. The trading arrangement will terminate no less than one year from the date the plan is entered into, or earlier if all transactions under the trading arrangement are completed.
Name Scott DeBoer
Title President and Chief Technology and Products Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date July 17, 2026
Expiration Date The trading arrangement will terminate no less than one year from the date the plan is entered into, or earlier if all transactions under the trading arrangement are completed.
Aggregate Available 85,632
v3.26.3
Insider Trading Policies and Procedures
 12 Months Ended
Sep. 03, 2026
Insider Trading Policies and Procedures [Line Items]  
Insider Trading Policies and Procedures Adopted true
v3.26.3
Cybersecurity Risk Management and Strategy Disclosure
 12 Months Ended
Sep. 03, 2026
Cybersecurity Risk Management, Strategy, and Governance [Line Items]  
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]
We have established policies and processes for assessing, identifying, and managing material risk from cybersecurity threats and have integrated these processes into our overall risk management systems and processes. We have aligned our cybersecurity program with recognized security frameworks, such as NIST-CSF (National Institute of Standard and Technologies – CyberSecurity Framework). We routinely assess material risks
from cybersecurity threats, including any potential unauthorized occurrence on or conducted through our information systems that may result in adverse effects on the confidentiality, integrity, or availability of our information systems or any information residing therein.

We conduct regular risk assessments to identify cybersecurity threats, as well as assessments in the event of a material change in our business practices that may affect information systems that are vulnerable to such cybersecurity threats. These risk assessments include identification of reasonably foreseeable internal and external risks, the likelihood and potential damage that could result from such risks, and the sufficiency of existing policies, procedures, systems, and safeguards in place to manage such risks.

Following these risk assessments, we implement and maintain reasonable safeguards to minimize identified risks, reasonably address any identified gaps in existing safeguards, and regularly monitor the effectiveness of our safeguards. We devote significant resources and designate high-level personnel, including our Chief Security Officer and Chief Information Officer, to manage the risk assessment and mitigation process.

We have implemented technical solutions that are designed to protect our information systems from cybersecurity threats, including firewalls, intrusion prevention and detection systems, anti-malware functionality, and access controls. We regularly evaluate, monitor, and improve these solutions. As part of our overall risk management system, we monitor and test our safeguards and train our employees on these safeguards, in collaboration with human resources, information technology, legal, compliance and ethics, and management. Personnel at all levels and departments are made aware of our cybersecurity policies through periodic trainings.

We periodically engage assessors, consultants, auditors, or other third parties in connection with our risk assessment processes. These service providers assist us to design, implement, or assess our cybersecurity policies and procedures, as well as to monitor and test our safeguards. We work with our third-party suppliers and service providers to address the use of appropriate security measures in connection with their work with us.
We evaluate cybersecurity incidents individually and in the aggregate to assess materiality.For additional information regarding risks from cybersecurity threats, and their effect on our company, including our business strategy, results of operations, or financial condition, please see Item 1A. Risk Factors, “Risks Related to Our Business, Operations, and Industry—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.
Cybersecurity Risk Management Processes Integrated [Flag] true
Cybersecurity Risk Management Processes Integrated [Text Block]
We have established policies and processes for assessing, identifying, and managing material risk from cybersecurity threats and have integrated these processes into our overall risk management systems and processes. We have aligned our cybersecurity program with recognized security frameworks, such as NIST-CSF (National Institute of Standard and Technologies – CyberSecurity Framework). We routinely assess material risks
from cybersecurity threats, including any potential unauthorized occurrence on or conducted through our information systems that may result in adverse effects on the confidentiality, integrity, or availability of our information systems or any information residing therein.
Cybersecurity Risk Management Third Party Engaged [Flag] true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag] true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag] false
Cybersecurity Risk Board of Directors Oversight [Text Block]
One of the key functions of our Board of Directors is informed oversight of our risk management processes, including risks from cybersecurity threats. Our Board of Directors is responsible for monitoring and assessing strategic risk exposure. Our executive officers are responsible for the day-to-day management of the material risks we face. Our Board of Directors administers its cybersecurity risk oversight function directly as a whole, as well as through the Audit Committee. Our Audit Committee oversees monitoring and incident response, risk mitigation, supply chain security, product security, insider trust, and other security-related items, and are primarily responsible to assess and manage our material risks from cybersecurity threats.

Our Chief Security Officer and Chief Information Officer have combined relevant experience of more than 45 years, including over 20 years in cybersecurity, and they work with our executive officers and other high-level personnel to oversee our cybersecurity policies and processes, including those described in “Risk Management and Strategy” above. Our Chief Security Officer monitors and stays informed about prevention, detection, mitigation, and remediation efforts through regular communication and reporting from our security team, the use of technological tools and software, and results from third-party assessments.

Our Chief Security Officer and Chief Information Officer provide quarterly briefings to the Audit Committee regarding our company’s cybersecurity risks and activities, including any recent cybersecurity incidents and related responses, cybersecurity systems testing, activities of third parties, and the like. Our Audit Committee provides regular updates to the Board of Directors on such reports. In addition, our Chief Security Officer and our Chief Information Officer provide annual briefings to the Board of Directors on cybersecurity risks and activities.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block] Our Audit Committee oversees monitoring and incident response, risk mitigation, supply chain security, product security, insider trust, and other security-related items, and are primarily responsible to assess and manage our material risks from cybersecurity threats.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block] Our Audit Committee oversees monitoring and incident response, risk mitigation, supply chain security, product security, insider trust, and other security-related items, and are primarily responsible to assess and manage our material risks from cybersecurity threats.
Our Chief Security Officer and Chief Information Officer provide quarterly briefings to the Audit Committee regarding our company’s cybersecurity risks and activities, including any recent cybersecurity incidents and related responses, cybersecurity systems testing, activities of third parties, and the like. Our Audit Committee provides regular updates to the Board of Directors on such reports. In addition, our Chief Security Officer and our Chief Information Officer provide annual briefings to the Board of Directors on cybersecurity risks and activities.
Cybersecurity Risk Role of Management [Text Block] Our executive officers are responsible for the day-to-day management of the material risks we face.Our Chief Security Officer monitors and stays informed about prevention, detection, mitigation, and remediation efforts through regular communication and reporting from our security team, the use of technological tools and software, and results from third-party assessments.
Cybersecurity Risk Management Positions or Committees Responsible [Flag] true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block] Audit Committee
Cybersecurity Risk Management Expertise of Management Responsible [Text Block] Our Chief Security Officer and Chief Information Officer have combined relevant experience of more than 45 years, including over 20 years in cybersecurity
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block] Our Chief Security Officer monitors and stays informed about prevention, detection, mitigation, and remediation efforts through regular communication and reporting from our security team, the use of technological tools and software, and results from third-party assessments.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag] true
v3.26.3
Significant Accounting Policies (Policies)
 12 Months Ended
Sep. 03, 2026
Accounting Policies [Abstract]  
Basis of Presentation The accompanying consolidated financial statements include the accounts of Micron Technology, Inc. and our consolidated subsidiaries and have been prepared in accordance with accounting principles generally accepted in the United States of America.
Intercompany Eliminations Intercompany balances and transactions have been eliminated in consolidation.
Reclassifications Certain reclassifications have been made to prior-period amounts to conform to current-period presentation and did not affect total assets, total liabilities, shareholders’ equity, or results of operations.
Fiscal Period
Our fiscal year is the 52- or 53-week period ending on the Thursday closest to August 31. Fiscal 2026 contained 53 weeks and fiscal 2025 and 2024 each contained 52 weeks. All period references are to our fiscal periods unless otherwise indicated.
Derivative and Hedging Instruments
Derivative and Hedging Instruments

We use derivative instruments to manage our exposure to changes in currency exchange rates from (1) our monetary assets and liabilities denominated in currencies other than the U.S. dollar, (2) non-U.S.-dollar-denominated investments in debt instruments, and (3) forecasted cash flows for certain capital expenditures and manufacturing costs. We also use derivative instruments to manage our exposure to changes in commodity prices for manufacturing supplies. Derivative instruments are measured at their fair values and recognized as either assets or liabilities.

The accounting for changes in the fair value of derivative instruments is based on the intended use of the derivative and the resulting designation. For derivative instruments that are not designated for hedge accounting, gains or losses from changes in fair values are recognized in other non-operating income (expense) and cash flows are classified as investing activities in the statement of cash flows. For derivative instruments designated as cash flow hedges, gains or losses are included as a component of accumulated other comprehensive income and reclassified into earnings in the same line items and in the same periods in which the underlying transactions affect earnings. For derivative instruments designated as fair value hedges, changes in the fair values of the derivative instruments and the offsetting changes in the fair values of the underlying hedged items are both recognized in earnings. For foreign currency and commodity derivative instruments designated as cash flow hedges or fair value hedges, time value is excluded from the assessment of effectiveness and the gains and losses attributable to time value are recognized in earnings through an amortization approach. Cash flows from derivative instruments designated as cash flow hedges or fair value hedges are classified in the same category as the items being hedged.

We enter into master netting arrangements with our counterparties to mitigate credit risk in derivative hedge transactions. These master netting arrangements allow us and our counterparties to net settle amounts owed to each other. Derivative assets and liabilities that can be net settled with each counterparty have been presented in our consolidated balance sheet on a net basis.
Financial Instruments, Cash Equivalents
Financial Instruments
Cash equivalents include highly liquid short-term investments with original maturities at the time of purchase of three months or less that are readily convertible to known amounts of cash.
Financial Instruments, Investments
Financial Instruments

Cash equivalents include highly liquid short-term investments with original maturities at the time of purchase of three months or less that are readily convertible to known amounts of cash. Other investments with remaining maturities of less than one year are included in short-term investments. Investments with remaining maturities greater than one year are included in long-term marketable investments. The carrying value of investment securities sold is determined using the specific identification method.
Functional Currency
Functional Currency

The U.S. dollar is the functional currency for us and all of our consolidated subsidiaries.
Goodwill
Goodwill

We perform an annual impairment assessment for goodwill in our fourth quarter each year. No impairment indicators were identified for the periods presented.
Government Incentives
Government Incentives

We receive incentives from governmental entities related to capital expenditures, expenses, and other activities. The government incentives we receive may require that we meet or maintain specified spending levels and other operational metrics and may be subject to reimbursement if such conditions are not met or maintained. Government incentives are recognized in the financial statements based on the underlying principal criteria for earning the incentives when there is reasonable assurance that the conditions of the government incentives are met and the incentive will be received. Incentives related to the acquisition or construction of property, plant, and equipment are recognized as a reduction in the carrying amounts of the related assets and as a reduction of subsequent depreciation expense over the useful lives of the assets. Incentives related to specific operating activities are offset against the related expense in the period the expense is incurred. Government incentives received prior to being earned are recognized in current or noncurrent deferred income, whereas government incentives earned prior to being received are recognized in current or noncurrent receivables. Cash received from government incentives related to operating expenses is included as an operating activity in the statement of cash flows, whereas cash received, including by constructive receipt, from incentives related to the acquisition of property, plant, and equipment is included as an investing activity. For each project, we estimate the total expected project costs and recognize a proportionate benefit as qualified project costs are incurred. As the estimated total expected qualified project cost changes, we adjust our estimate of the recognized proportionate benefit.
Inventories
Inventories

Inventories are stated at the lower of cost or net realizable value, with cost being determined on a FIFO basis. Cost includes depreciation, labor, material, and overhead costs, including product and process technology costs. Determining net realizable value of finished goods and work in process inventories requires projecting future average selling prices, sales volumes, and costs per part. When net realizable value is below cost, we recognize a charge to cost of goods sold to write down inventories to their estimated net realizable value in advance of when inventories are actually sold. We review the major characteristics of product type and markets in determining the unit of account for which we perform the lower of cost or net realizable value analysis and categorize all inventories (including DRAM, NAND, and other memory) as a single group.
Leases
Leases

We determine if an arrangement is a lease, or contains a lease, at the inception of the arrangement and evaluate whether the lease is an operating lease or a finance lease at the commencement date. We recognize right-of-use assets and lease liabilities for operating and finance leases with terms greater than 12 months. Right-of-use assets represent our right to use an asset for the lease term, while lease liabilities represent our obligation to make lease payments. We do not separate lease and non-lease components for real estate and gas plant leases. Sublease income is included within lease expense and is not material. Our operating leases are also not material.
Product Warranty
Product Warranty

We generally provide a limited warranty that our products are in compliance with applicable specifications existing at the time of delivery. Under our standard terms and conditions of sale, liability for certain failures of product during a stated warranty period is usually limited to repair or replacement of defective items or return of, or a credit with respect to, amounts paid for such items. Under certain circumstances, we provide more extensive limited warranty coverage than that provided under our standard terms and conditions. Our warranty obligations are not material.
Property, Plant, and Equipment
Property, Plant, and Equipment

Property, plant, and equipment is stated at cost and depreciated using the straight-line method over estimated useful lives of generally 10 to 30 years for buildings, 7 years for production equipment, up to 7 years for other equipment, and 3 to 5 years for software. Assets held for sale are carried at the lower of estimated fair value or carrying value and are included in current assets. When property, plant, or equipment is retired or otherwise disposed, the net book value is removed and we recognize any gain or loss in results of operations.

We capitalize interest on borrowings during the period of time we carry out the activities necessary to bring assets to the condition of their intended use and location. We utilize a weighted-average capitalization rate that is based on our consolidated debt portfolio. Capitalized interest becomes part of the cost of assets.
Interest Capitalization
We capitalize interest on borrowings during the period of time we carry out the activities necessary to bring assets to the condition of their intended use and location. We utilize a weighted-average capitalization rate that is based on our consolidated debt portfolio. Capitalized interest becomes part of the cost of assets.
Research and Development
Research and Development

Costs related to the conceptual formulation and design of products and processes are charged to R&D expense as incurred. Development of a product is deemed complete when it is qualified through reviews and tests for performance and reliability. Subsequent to product qualification, product costs are included in cost of goods sold.
Revenue Recognition
Revenue Recognition

Revenue is primarily recognized at a point in time when control of the promised goods is transferred to our customers at an amount that reflects the consideration we expect to be entitled to in exchange for those goods. Contracts with certain of our customers are short-term in duration. We also have strategic customer agreements structured as take-or-pay agreements, with binding commitments for specific contractually enforceable volumes over the multi-year contract terms. Pricing for our contracts is either fixed or periodically negotiated, with the majority of the strategic customer agreements having pricing that is subject to minimum and maximum bands. For all of our contracts, payments are generally due shortly after delivery.
Our contract liabilities primarily consisted of customer deposits received in advance of us satisfying our performance obligations under our strategic customer agreements. If the customer meets the minimum purchase commitments, we will return the deposit to the customer. If not, we may retain all, or a portion of the deposit which will be recognized as revenue. Deposits are classified as contract liabilities in other current liabilities or noncurrent customer contract liabilities depending on the expected timing of the satisfaction of the underlying performance obligations. Customer deposits do not represent significant financing components because the payments are primarily intended to secure future production capacity and ensure supply availability rather than provide financing to us.

Certain strategic customer agreements also include terms requiring our customers to maintain letters of credit with third-party financial institutions. Our right to access letters of credit is contingent upon the occurrence of specified events of default or breach by our customers. Letters of credit are not recognized as revenue unless an event of default or breach has occurred.

We estimate a liability for returns using the expected value method based on historical returns. In addition, we generally offer price protection to our distributors, which is a form of variable consideration that decreases the transaction price. We use the expected value method, based on historical price adjustments and current pricing trends, to estimate the amount of revenue recognized from sales to distributors. Differences between the estimated and actual amounts are recognized as adjustments to revenue.
Stock-based Compensation
Stock-based Compensation

Stock-based compensation is measured at the grant date, based on the fair value of the award, and recognized as expense under the straight-line attribution method over the requisite service period. We account for forfeitures as they occur. We issue new shares upon the exercise of stock options, conversion of share units, or issuance of shares under our employee stock purchase plan.
Treasury Stock
Treasury Stock

Treasury stock is carried at cost. When we retire our treasury stock, any excess of the repurchase price paid over par value is allocated between additional capital and retained earnings.
Use of Estimates
Use of Estimates

The preparation of financial statements and related disclosures in conformity with accounting principles generally accepted in the United States of America requires our management to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues, expenses, and related disclosures. Estimates and judgments are based on historical experience, forecasted events, and various other assumptions that we believe to be reasonable under the circumstances. Estimates and judgments may differ under different assumptions or conditions. We evaluate our estimates and judgments on an ongoing basis. Actual results could differ from estimates.
v3.26.3
Segment Reporting (Policies)
 12 Months Ended
Sep. 03, 2026
Segment Reporting [Abstract]  
Segment Reporting Policy
We have the following four business units, which are our reportable segments:

•Cloud Memory Business Unit (“CMBU”): Focused on memory solutions for large hyperscale cloud customers, and HBM for all data center customers.
•Core Data Center Business Unit (“CDBU”): Focused on storage solutions for all data center customers, including data center SSDs and NAND components, and memory solutions for OEM data center, enterprise, and NeoCloud customers.
•Mobile and Client Business Unit (“MCBU”): Focused on memory and storage solutions for the mobile and client segments.
•Automotive and Embedded Business Unit (“AEBU”): Focused on memory and storage solutions for the automotive, industrial, and consumer segments.

Our other operations do not meet the thresholds of a reportable segment and are reported under All Other. Certain operating expenses directly associated with the activities of a specific segment are charged to that segment. Other indirect operating income and expenses are generally allocated to segments based on their respective percentage of cost of goods sold or forecasted wafer production. Certain income and expenses are not allocated to segments because our CODM does not consider these amounts in the assessment of the performance of our segments. The unallocated amounts consisted primarily of stock-based compensation. Additionally, the unallocated amounts included $500 million of patent license charges in other operating (income) expense, net in 2026 and a $987 million benefit in cost of goods sold in 2024 from the sale of inventories that had been written down to their net realizable value in 2023.
v3.26.3
Cash and Investments (Tables)
 12 Months Ended
Sep. 03, 2026
Investments and Cash [Abstract]  
Cash, cash equivalents, and available-for-sale securities
All of our short-term investments and long-term marketable investments were classified as available for sale as of the dates noted below. Cash and cash equivalents and the fair values of our available-for-sale securities, which approximated amortized costs, were as follows:
As of September 3, 2026As of August 28, 2025
Cash and Cash Equivalents
Short-term Investments
Long-term Marketable Investments(1)
Total Fair Value
Cash and Cash Equivalents
Short-term Investments
Long-term Marketable Investments(1)
Total Fair Value
Cash$26,288 $— $— $26,288 $7,875 $— $— $7,875 
Level 1(2)
Money market funds216 — — 216 410 — — 410 
Level 2(3)
Certificates of deposit9,814 59 — 9,873 1,292 6 — 1,298 
Corporate bonds97 3,773 24,557 28,427 23 559 1,047 1,629 
Asset-backed securities— 221 5,391 5,612 — 31 521 552 
Commercial paper1,674 971 — 2,645 33 26 — 59 
Government securities275 46 71 392 9 43 61 113 
38,364 $5,070 $30,019 $73,453 9,642 $665 $1,629 $11,936 
Restricted cash(4)
27 4 
Cash, cash equivalents, and restricted cash$38,391 $9,646 
(1)The maturities of long-term marketable investments primarily range from one to five years, except for asset-backed securities which are not due at a single maturity date.
(2)The fair value of Level 1 securities is measured based on quoted prices in active markets for identical assets.
(3)The fair value of Level 2 securities is measured using information obtained from pricing services, which obtain quoted market prices for similar instruments, non-binding market consensus prices that are corroborated by observable market data, or various other methodologies, to determine the appropriate value at the measurement date. We perform supplemental analysis to validate information obtained from these pricing services. No adjustments were made to the fair values indicated by such pricing information as of September 3, 2026 or August 28, 2025.
(4)Restricted cash is included in other current assets.
Cash and cash equivalents and the fair values of available-for-sale securities
All of our short-term investments and long-term marketable investments were classified as available for sale as of the dates noted below. Cash and cash equivalents and the fair values of our available-for-sale securities, which approximated amortized costs, were as follows:
As of September 3, 2026As of August 28, 2025
Cash and Cash Equivalents
Short-term Investments
Long-term Marketable Investments(1)
Total Fair Value
Cash and Cash Equivalents
Short-term Investments
Long-term Marketable Investments(1)
Total Fair Value
Cash$26,288 $— $— $26,288 $7,875 $— $— $7,875 
Level 1(2)
Money market funds216 — — 216 410 — — 410 
Level 2(3)
Certificates of deposit9,814 59 — 9,873 1,292 6 — 1,298 
Corporate bonds97 3,773 24,557 28,427 23 559 1,047 1,629 
Asset-backed securities— 221 5,391 5,612 — 31 521 552 
Commercial paper1,674 971 — 2,645 33 26 — 59 
Government securities275 46 71 392 9 43 61 113 
38,364 $5,070 $30,019 $73,453 9,642 $665 $1,629 $11,936 
Restricted cash(4)
27 4 
Cash, cash equivalents, and restricted cash$38,391 $9,646 
(1)The maturities of long-term marketable investments primarily range from one to five years, except for asset-backed securities which are not due at a single maturity date.
(2)The fair value of Level 1 securities is measured based on quoted prices in active markets for identical assets.
(3)The fair value of Level 2 securities is measured using information obtained from pricing services, which obtain quoted market prices for similar instruments, non-binding market consensus prices that are corroborated by observable market data, or various other methodologies, to determine the appropriate value at the measurement date. We perform supplemental analysis to validate information obtained from these pricing services. No adjustments were made to the fair values indicated by such pricing information as of September 3, 2026 or August 28, 2025.
(4)Restricted cash is included in other current assets.
v3.26.3
Receivables (Tables)
 12 Months Ended
Sep. 03, 2026
Receivables [Abstract]  
Schedule of receivables
As ofSeptember 3,
2026		August 28,
2025
Trade receivables$31,793 $7,163 
Government incentives
3,319 1,572 
Income and other taxes635 436 
Other450 94 
$36,197 $9,265 
v3.26.3
Inventories (Tables)
 12 Months Ended
Sep. 03, 2026
Inventory Disclosure [Abstract]  
Schedule of inventories
As ofSeptember 3,
2026		August 28,
2025
Finished goods$958 $1,094 
Work in process8,252 6,401 
Raw materials and supplies1,162 860 
$10,372 $8,355 
v3.26.3
Property, Plant, and Equipment (Tables)
 12 Months Ended
Sep. 03, 2026
Property, Plant, and Equipment [Abstract]  
Schedule of property, plant, and equipment
As ofSeptember 3,
2026		August 28,
2025
Land$420 $420 
Buildings26,493 22,173 
Equipment(1)
93,954 79,934 
Construction in progress(2)
11,424 5,518 
Software1,885 1,651 
134,176 109,696 
Accumulated depreciation(70,866)(63,106)
$63,310 $46,590 
(1)Includes costs related to equipment not placed into service of $6.12 billion as of September 3, 2026 and $4.05 billion as of August 28, 2025.
(2)Primarily includes building-related construction and tool installation.
v3.26.3
Accounts Payable and Accrued Expenses (Tables)
 12 Months Ended
Sep. 03, 2026
Payables and Accruals [Abstract]  
Schedule of accounts payable and accrued expenses
As ofSeptember 3,
2026		August 28,
2025
Accounts payable$3,518 $3,132 
Property, plant, and equipment8,618 4,391 
Income and other taxes5,626 628 
Salaries, wages, and benefits4,447 1,116 
Other396 382 
$22,605 $9,649 
v3.26.3
Debt (Tables)
 12 Months Ended
Sep. 03, 2026
Debt Disclosure [Abstract]  
Schedule of debt
As of September 3, 2026As of August 28, 2025
Net Carrying AmountNet Carrying Amount
Stated RateEffective RatePrincipalCurrentLong-TermTotalPrincipalCurrentLong-TermTotal
2032 Green Bonds2.703 %2.77 %$1,000 $— $997 $997 $1,000 $— $996 $996 
2032 Notes
5.650 %5.79 %71 — 70 70 500 — 496 496 
2033 A Notes5.875 %5.96 %176 — 175 175 750 — 746 746 
2033 B Notes5.875 %6.01 %215 — 213 213 900 — 892 892 
2035 A Notes5.800 %5.90 %136 — 135 135 1,000 — 992 992 
2035 B Notes6.050 %6.14 %220 — 219 219 1,250 — 1,241 1,241 
2041 Notes3.366 %3.41 %500 — 497 497 500 — 497 497 
2051 Notes3.477 %3.52 %490 — 486 486 500 — 496 496 
2028 NotesN/AN/A— — — — 542 — 540 540 
2029 Term Loan AN/AN/A— — — — 984 — 982 982 
2029 A NotesN/AN/A— — — — 700 — 698 698 
2029 B NotesN/AN/A— — — — 1,159 — 1,168 1,168 
2030 Notes
N/AN/A— — — — 796 — 794 794 
2031 Notes
N/AN/A— — — — 1,000 — 995 995 
Finance lease liabilitiesN/A4.71 %2,387 491 1,896 2,387 3,044 560 2,484 3,044 
 
$5,195 $491 $4,688 $5,179 $14,625 $560 $14,017 $14,577 
Schedule of debt activity
The table below presents the effects of prepayment activities in 2026:
Transaction DateDecrease in PrincipalDecrease in Carrying ValueDecrease in Cash
Prepayments
2028 NotesOctober 24, 2025$(542)$(541)$(562)
2029 B NotesOctober 24, 2025(1,159)(1,168)(1,276)
2029 Term Loan AOctober 27, 2025(984)(982)(984)
2051 NotesJanuary 23, 2026(10)(10)(7)
2029 A NotesFebruary 20, 2026(700)(698)(726)
2030 NotesFebruary 23, 2026(796)(794)(816)
2031 NotesApril 3, 2026(738)(734)(773)
2032 NotesApril 3, 2026(429)(426)(456)
2033 A NotesApril 3, 2026(574)(571)(616)
2033 B NotesApril 3, 2026(685)(679)(734)
2035 A NotesApril 3, 2026(864)(857)(921)
2035 B NotesApril 3, 2026(1,030)(1,022)(1,114)
2031 NotesJuly 27, 2026(262)(261)(270)
$(8,773)$(8,743)$(9,255)
Schedule of maturities of notes payable
As of September 3, 2026, maturities of notes payable and finance lease liabilities by fiscal year were as follows:
Notes
Payable		Finance Leases
2027$— $577 
2028— 560 
2029— 500 
2030— 349 
2031— 130 
2032 and thereafter2,808 659 
Discounts and imputed interest, respectively(16)(388)
$2,792 $2,387 
Schedule of maturities of finance leases
As of September 3, 2026, maturities of notes payable and finance lease liabilities by fiscal year were as follows:
Notes
Payable		Finance Leases
2027$— $577 
2028— 560 
2029— 500 
2030— 349 
2031— 130 
2032 and thereafter2,808 659 
Discounts and imputed interest, respectively(16)(388)
$2,792 $2,387 
v3.26.3
Derivative Instruments (Tables)
 12 Months Ended
Sep. 03, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of derivative instruments
Notional or Contractual Amount
Fair Value(1) of
Assets(2)
Liabilities(3)
As of September 3, 2026
Derivative instruments with hedge accounting designation
Cash flow currency hedges
$4,429 $28 $(80)
Cash flow commodity hedges446 85 (9)
Fair value currency hedges
11,493 1 (21)
Derivative instruments without hedge accounting designation
Non-designated currency hedges
20,148 38 (57)
$152 $(167)
As of August 28, 2025
Derivative instruments with hedge accounting designation
Cash flow currency hedges
$3,271 $41 $(64)
Cash flow commodity hedges393 19 (20)
Fair value currency hedges3,049 1 (10)
Derivative instruments without hedge accounting designation
Non-designated currency hedges
3,477 3 (18)
$64 $(112)
(1)Forward and swap contracts are measured at fair value based on market-based observable inputs including market spot and forward rates, interest rates, and credit-risk spreads (Level 2).
(2)Included in receivables and other noncurrent assets.
(3)Included in accounts payable and accrued expenses and other noncurrent liabilities.
v3.26.3
Equity Compensation Plans (Tables)
 12 Months Ended
Sep. 03, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of restricted stock awards activity
Restricted Stock Awards activity for 2026 is summarized as follows:
Number of SharesWeighted-Average Grant Date Fair Value Per Share
Outstanding as of August 28, 2025
25 $82.12 
Granted7 243.13 
Vested
(12)76.24 
Forfeited
(1)103.43 
Outstanding as of September 3, 202619 144.38 

For the year ended202620252024
Restricted stock award shares granted71113
Weighted-average grant-date fair value per share$243.13 $101.15 $72.72 
Aggregate vesting-date fair value of shares vested
$4,846 $1,322 $1,008 
Schedule of stock-based compensation expense
For the year ended202620252024
Stock-based compensation expense by caption
Cost of goods sold$528 $409 $312 
Research and development495 347 296 
Selling, general, and administrative259 219 213 
$1,282 $975 $821 
Stock-based compensation expense by type of award
Restricted stock awards$1,153 $877 $749 
ESPP129 98 72 
$1,282 $975 $821 
v3.26.3
Government Incentives (Tables)
 12 Months Ended
Sep. 03, 2026
Government Assistance [Abstract]  
Schedule of balance sheet line items affected by government incentives
The line items on the balance sheet affected by government incentives were as follows:
As ofSeptember 3,
2026		August 28,
2025
Receivables$3,319 $1,572 
Other noncurrent assets2,122 914 
Noncurrent unearned government incentives786 1,018 
v3.26.3
Revenue and Customer Contract Liabilities (Tables)
 12 Months Ended
Sep. 03, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of revenue by technology
For the year ended202620252024
DRAM$100,679 $28,578 $17,603 
NAND31,785 8,503 7,227 
Other (primarily NOR)
724 297 281 
$133,188 $37,378 $25,111 
v3.26.3
Other Operating (Income) Expense, Net (Tables)
 12 Months Ended
Sep. 03, 2026
Other Income and Expenses [Abstract]  
Schedule of other operating (income) expense, net
For the year ended202620252024
Patent license charges$500 $57 $— 
Patent cross-license agreement gain— — (200)
Other67 43 (50)
$567 $100 $(250)
v3.26.3
Income Taxes (Tables)
 12 Months Ended
Sep. 03, 2026
Income Tax Disclosure [Abstract]  
Schedule of income (loss) before tax and other items
Our income tax (provision) benefit consisted of the following:
For the year ended202620252024
Income before income taxes and equity in net income (loss) of equity method investees
U.S.$4,819 $686 $544 
Foreign94,852 8,968 696 
$99,671 $9,654 $1,240 
Income tax (provision) benefit
Current
U.S. federal$(782)$(275)$(82)
State(272)(15)(1)
Foreign(14,180)(670)(333)
(15,234)(960)(416)
Deferred
U.S. federal522 (118)18 
State46 — — 
Foreign(95)(46)(53)
473 (164)(35)
Income tax (provision) benefit$(14,761)$(1,124)$(451)
Schedule of components of income tax (provision) benefit
Our income tax (provision) benefit consisted of the following:
For the year ended202620252024
Income before income taxes and equity in net income (loss) of equity method investees
U.S.$4,819 $686 $544 
Foreign94,852 8,968 696 
$99,671 $9,654 $1,240 
Income tax (provision) benefit
Current
U.S. federal$(782)$(275)$(82)
State(272)(15)(1)
Foreign(14,180)(670)(333)
(15,234)(960)(416)
Deferred
U.S. federal522 (118)18 
State46 — — 
Foreign(95)(46)(53)
473 (164)(35)
Income tax (provision) benefit$(14,761)$(1,124)$(451)
Schedule of effective income tax reconciliation
In 2026, we adopted ASU 2023-09, Improvements to Income Tax Disclosure, on a prospective basis. The table below reconciles our tax (provision) benefit based on the U.S. federal statutory rate to our effective rate for the year ended September 3, 2026:
For the year ended2026
U.S. federal income tax (provision) benefit at statutory rate$(20,931)21.0 %
State taxes, net of federal benefit(1)
(162)0.2 %
Foreign effects
Singapore
Tax rate differential5,968 (6.0)%
Other(17)— %
Other foreign jurisdictions(316)0.3 %
Other(2)
697 (0.7)%
Income tax (provision) benefit
$(14,761)14.8 %
(1)State taxes in Illinois made up the majority of the tax effects for 2026.
(2)Includes the tax effects of nontaxable or nondeductible items, tax credits, impacts of cross border tax effects, and changes in unrecognized tax benefits.

The table below presents required disclosures prior to the adoption of ASU 2023-09 and reconciles our tax (provision) benefit based on the U.S. federal statutory rate to our effective rate for the years ended August 28, 2025 and August 29, 2024:
For the year ended20252024
U.S. federal income tax (provision) benefit at statutory rate
$(2,027)21.0 %$(260)21.0 %
U.S. tax on foreign operations(476)4.9 (7)0.6 
Change in valuation allowance36 (0.4)(59)4.8 
Change in unrecognized tax benefits(23)0.2 (41)3.3 
Foreign tax rate differential1,132 (11.7)(214)17.2 
Research and development tax credits208 (2.2)76 (6.1)
State taxes, net of federal benefit(7)0.1 12 (1.0)
Other33 (0.3)42 (3.4)
Income tax (provision) benefit$(1,124)11.6 %$(451)36.4 %
Schedule of cash paid for income taxes, net of refunds
The table below provides the updated requirements of ASU 2023-09 for cash paid for income taxes, net of refunds:
For the year ended2026
Federal$275 
State(1)
153 
Foreign
Singapore481 
Other jurisdictions345 
Total cash paid for income taxes, net of refunds$1,254 
(1) State taxes in California made up the majority of the tax effects for 2026.
Schedule of deferred tax assets and liabilities Deferred tax assets and liabilities consist of the following:
As ofSeptember 3,
2026		August 28,
2025
Deferred tax assets
Net operating loss and tax credit carryforwards$737 $1,016 
Accrued salaries, wages, and benefits529 203 
Operating lease liabilities140 192 
Inventories119 25 
Property, plant, and equipment63 — 
Other202 37 
Gross deferred tax assets1,790 1,473 
Less valuation allowance(581)(634)
Deferred tax assets, net of valuation allowance1,209 839 
Deferred tax liabilities
Right-of-use assets(108)(163)
Other(172)(112)
Deferred tax liabilities(280)(275)
Net deferred tax assets$929 $564 
Schedule of unrecognized tax benefits rollforward
Below is a reconciliation of the beginning and ending amount of our unrecognized tax benefits:
For the year ended202620252024
Beginning unrecognized tax benefits$735 $716 $744 
Increases related to tax positions from prior years17 11 2 
Increases related to prior year tax positions taken in current year
— — 20 
Increases related to tax positions taken in current year64 55 54 
Decreases related to tax positions from prior years(4)(8)(89)
Decreases related to settlement with tax authorities
— — (15)
Reductions due to lapsed statutes of limitations
(17)(39)— 
Ending unrecognized tax benefits$795 $735 $716 
v3.26.3
Earnings Per Share (Tables)
 12 Months Ended
Sep. 03, 2026
Earnings Per Share [Abstract]  
Basic and diluted earnings per share
For the year ended202620252024
Net income – Basic and Diluted$84,969 $8,539 $778 
Weighted-average common shares outstanding – Basic1,127 1,116 1,105 
Dilutive effect of equity compensation plans
16 9 13 
Weighted-average common shares outstanding – Diluted1,143 1,125 1,118 
Earnings per share
Basic$75.38 $7.65 $0.70 
Diluted74.33 7.59 0.70 
Schedule of antidilutive securities excluded from computation of earnings per share
Antidilutive potential common shares excluded from the computation of diluted earnings per share, that could dilute basic earnings per share in the future, were as follows at the end of the periods shown:
For the year ended202620252024
Equity compensation plans
— 6 3 
v3.26.3
Segment and Other Information (Tables)
 12 Months Ended
Sep. 03, 2026
Segment Reporting [Abstract]  
Schedule of results by segment
For the year ended 2026CMBUCDBU
MCBU
AEBUAll Other
Unallocated
Total
Revenue$43,085 $37,592 $36,601 $15,886 $24 $— $133,188 
Cost of goods sold8,802 6,031 6,413 3,891 19 528 25,684 
Gross margin34,283 31,561 30,188 11,995 5 (528)107,504 
Research and development2,510 1,648 550 443 1 498 5,650 
Selling, general, and administrative549 374 430 335 — 259 1,947 
Other operating (income) expense, net(1)— — — 2 566 567 
Operating income$31,225 $29,539 $29,208 $11,217 $2 $(1,851)$99,340 

For the year ended 2025CMBUCDBU
MCBU
AEBUAll Other
Unallocated
Total
Revenue$13,524 $7,229 $11,859 $4,753 $13 $— $37,378 
Cost of goods sold5,867 3,995 8,650 3,566 14 413 22,505 
Gross margin7,657 3,234 3,209 1,187 (1)(413)14,873 
Research and development1,315 864 836 435 — 348 3,798 
Selling, general, and administrative213 188 390 195 — 219 1,205 
Other operating (income) expense, net— 2 2 — — 96 100 
Operating income$6,129 $2,180 $1,981 $557 $(1)$(1,076)$9,770 

For the year ended 2024CMBUCDBU
MCBU
AEBUAll Other
Unallocated
Total
Revenue$3,792 $4,984 $11,667 $4,631 $37 $— $25,111 
Cost of goods sold2,677 3,638 10,222 3,598 20 (657)19,498 
Gross margin1,115 1,346 1,445 1,033 17 657 5,613 
Research and development769 960 994 425 — 282 3,430 
Selling, general, and administrative107 139 485 186 (1)213 1,129 
Other operating (income) expense, net(5)(8)(33)(10)— (194)(250)
Operating income$244 $255 $(1)$432 $18 $356 $1,304 
Schedule of depreciation and amortization expense by segment
Depreciation and amortization expense included in operating income was as follows:
For the year ended
202620252024
CMBU$3,335 $2,260 $1,112 
CDBU2,237 1,530 1,434 
MCBU2,490 3,177 3,762 
AEBU1,431 1,375 1,447 
All Other6 5 7 
Unallocated4 5 18 
$9,503 $8,352 $7,780 
v3.26.3
Geographic Information (Tables)
 12 Months Ended
Sep. 03, 2026
Segment Reporting [Abstract]  
Revenue by geographic area based on location of customer headquarters
Revenue based on the geographic location of our customers’ headquarters was as follows:
For the year ended202620252024
U.S.
$91,323 $24,113 $13,168 
Taiwan16,950 5,672 4,708 
Mainland China (excluding Hong Kong)8,338 2,639 3,045 
Hong Kong6,289 1,138 1,071 
Other Asia Pacific5,777 1,913 1,330 
Japan2,066 895 840 
Europe
1,716 625 818 
Other729 383 131 
$133,188 $37,378 $25,111 
Long-lived assets by geographic area
Long-lived assets by geographic area consisted of property, plant, and equipment and operating lease right-of-use assets and were as follows:
As ofSeptember 3,
2026		August 28,
2025
Taiwan$27,613 $18,965 
U.S.14,463 8,445 
Singapore12,345 10,669 
Japan7,247 7,038 
Malaysia1,184 1,124 
India609 449 
China473 544 
Other97 92 
$64,031 $47,326 
v3.26.3
Significant Accounting Policies - Property, Plant and Equipment (Details)
Sep. 03, 2026
Buildings | Minimum  
Property, plant and equipment  
Property, plant, and equipment useful life (in years) 10 years
Buildings | Maximum  
Property, plant and equipment  
Property, plant, and equipment useful life (in years) 30 years
Production equipment  
Property, plant and equipment  
Property, plant, and equipment useful life (in years) 7 years
Other equipment | Maximum  
Property, plant and equipment  
Property, plant, and equipment useful life (in years) 7 years
Software | Minimum  
Property, plant and equipment  
Property, plant, and equipment useful life (in years) 3 years
Software | Maximum  
Property, plant and equipment  
Property, plant, and equipment useful life (in years) 5 years
v3.26.3
Cash and Investments (Details) - USD ($)
$ in Millions
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Aug. 31, 2023
Cash, cash equivalents, and available-for-sale securities        
Cash and cash equivalents $ 38,364 $ 9,642    
Short-term investments 5,070 665    
Long-term marketable investments 30,019 1,629    
Total Fair Value 73,453 11,936    
Restricted cash 27 4    
Cash, cash equivalents, and restricted cash 38,391 9,646 $ 7,052 $ 8,656
Non-marketable Equity Investments        
Non-marketable equity investments without readily determinable fair value $ 1,300 194    
Minimum        
Cash, cash equivalents, and available-for-sale securities        
Long-term marketable investments, range of maturities 1 year      
Maximum        
Cash, cash equivalents, and available-for-sale securities        
Long-term marketable investments, range of maturities 5 years      
Cash        
Cash, cash equivalents, and available-for-sale securities        
Cash and cash equivalents $ 26,288 7,875    
Short-term investments 0 0    
Long-term marketable investments 0 0    
Total Fair Value 26,288 7,875    
Money market funds | Level 1        
Cash, cash equivalents, and available-for-sale securities        
Cash and cash equivalents 216 410    
Short-term investments 0 0    
Long-term marketable investments 0 0    
Total Fair Value 216 410    
Certificates of deposit | Level 2        
Cash, cash equivalents, and available-for-sale securities        
Cash and cash equivalents 9,814 1,292    
Short-term investments 59 6    
Long-term marketable investments 0 0    
Total Fair Value 9,873 1,298    
Corporate bonds | Level 2        
Cash, cash equivalents, and available-for-sale securities        
Cash and cash equivalents 97 23    
Short-term investments 3,773 559    
Long-term marketable investments 24,557 1,047    
Total Fair Value 28,427 1,629    
Asset-backed securities | Level 2        
Cash, cash equivalents, and available-for-sale securities        
Cash and cash equivalents 0 0    
Short-term investments 221 31    
Long-term marketable investments 5,391 521    
Total Fair Value 5,612 552    
Commercial paper | Level 2        
Cash, cash equivalents, and available-for-sale securities        
Cash and cash equivalents 1,674 33    
Short-term investments 971 26    
Long-term marketable investments 0 0    
Total Fair Value 2,645 59    
Government securities | Level 2        
Cash, cash equivalents, and available-for-sale securities        
Cash and cash equivalents 275 9    
Short-term investments 46 43    
Long-term marketable investments 71 61    
Total Fair Value $ 392 $ 113    
v3.26.3
Receivables (Details) - USD ($)
$ in Millions
Sep. 03, 2026
Aug. 28, 2025
Receivables [Abstract]    
Trade receivables $ 31,793 $ 7,163
Government incentives 3,319 1,572
Income and other taxes 635 436
Other 450 94
Receivables $ 36,197 $ 9,265
v3.26.3
Inventories (Details) - USD ($)
$ in Millions
Sep. 03, 2026
Aug. 28, 2025
Inventory, net of reserves    
Finished goods $ 958 $ 1,094
Work in process 8,252 6,401
Raw materials and supplies 1,162 860
Inventories $ 10,372 $ 8,355
v3.26.3
Property, Plant, and Equipment (Details) - USD ($)
$ in Millions
 1 Months Ended 12 Months Ended
Mar. 31, 2026
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Property, plant, and equipment including finance lease right-of-use asset        
Property, plant, and equipment, gross   $ 134,176 $ 109,696  
Accumulated depreciation   (70,866) (63,106)  
Property, plant, and equipment, net   63,310 46,590  
Finance lease right-of-use asset after accumulated amortization        
Finance lease right-of-use asset   2,400 3,000  
Depreciation        
Depreciation expense   9,420 8,280 $ 7,700
Capitalized interest        
Interest capitalized as part of the cost of property, plant, and equipment   383 321 $ 225
Land        
Property, plant, and equipment including finance lease right-of-use asset        
Property, plant, and equipment, gross   420 420  
Buildings        
Property, plant, and equipment including finance lease right-of-use asset        
Property, plant, and equipment, gross   26,493 22,173  
Equipment (including not placed into service)        
Property, plant, and equipment including finance lease right-of-use asset        
Property, plant, and equipment, gross   93,954 79,934  
Equipment not placed into service        
Property, plant, and equipment including finance lease right-of-use asset        
Property, plant, and equipment, gross   6,120 4,050  
Construction in progress        
Property, plant, and equipment including finance lease right-of-use asset        
Property, plant, and equipment, gross   11,424 5,518  
Software        
Property, plant, and equipment including finance lease right-of-use asset        
Property, plant, and equipment, gross   $ 1,885 $ 1,651  
Tongluo Taiwan Manufacturing Facility        
Tongluo, Miaoli County, Taiwan manufacturing facility acquisition        
PPE addition of Tongluo, Taiwan facility $ 1,800      
Cash paid to acquire Tongluo, Taiwan facility $ 1,800      
v3.26.3
Accounts Payable and Accrued Expenses (Details) - USD ($)
$ in Millions
Sep. 03, 2026
Aug. 28, 2025
Accounts payable and accrued liabilities, current    
Accounts payable $ 3,518 $ 3,132
Property, plant, and equipment 8,618 4,391
Income and other taxes 5,626 628
Salaries, wages, and benefits 4,447 1,116
Other 396 382
Total accounts payable and accrued expenses $ 22,605 $ 9,649
v3.26.3
Debt - Long-term Debt (Details) - USD ($)
$ in Millions
Sep. 03, 2026
Aug. 28, 2025
Long-term debt by current and noncurrent    
Total long-term debt $ 2,792  
Finance lease effective rate (in ten thousandths) 4.71%  
Current finance lease obligations $ 491 $ 560
Long-term finance lease obligations 1,896 2,484
Total finance lease liabilities 2,387 3,044
Long-term debt and finance lease liabilities    
Principal (including finance lease liabilities) 5,195 14,625
Current debt (including finance lease liabilities) 491 560
Long-term debt (including finance lease liabilities) 4,688 14,017
Total net carrying amount of debt (including finance lease liabilities) $ 5,179 $ 14,577
Current finance lease liability, statement of financial position Current debt (including finance lease liabilities) Current debt (including finance lease liabilities)
Noncurrent finance lease liability, statement of financial position Long-term debt (including finance lease liabilities) Long-term debt (including finance lease liabilities)
Fair value    
Fair value of notes payable    
Fair value of notes payable (Level 2) $ 2,430 $ 11,570
Corporate bonds | 2032 Green Bonds    
Long-term debt by current and noncurrent    
Stated rate (exact percentage) 2.703%  
Effective rate (in ten thousandths) 2.77%  
Principal $ 1,000 1,000
Current portion of long-term debt 0 0
Noncurrent long-term debt 997 996
Total long-term debt $ 997 996
Corporate bonds | 2032 Notes    
Long-term debt by current and noncurrent    
Stated rate (exact percentage) 5.65%  
Effective rate (in ten thousandths) 5.79%  
Principal $ 71 500
Current portion of long-term debt 0 0
Noncurrent long-term debt 70 496
Total long-term debt $ 70 496
Corporate bonds | 2033 A Notes    
Long-term debt by current and noncurrent    
Stated rate (exact percentage) 5.875%  
Effective rate (in ten thousandths) 5.96%  
Principal $ 176 750
Current portion of long-term debt 0 0
Noncurrent long-term debt 175 746
Total long-term debt $ 175 746
Corporate bonds | 2033 B Notes    
Long-term debt by current and noncurrent    
Stated rate (exact percentage) 5.875%  
Effective rate (in ten thousandths) 6.01%  
Principal $ 215 900
Current portion of long-term debt 0 0
Noncurrent long-term debt 213 892
Total long-term debt $ 213 892
Corporate bonds | 2035 A Notes    
Long-term debt by current and noncurrent    
Stated rate (exact percentage) 5.80%  
Effective rate (in ten thousandths) 5.90%  
Principal $ 136 1,000
Current portion of long-term debt 0 0
Noncurrent long-term debt 135 992
Total long-term debt $ 135 992
Corporate bonds | 2035 B Notes    
Long-term debt by current and noncurrent    
Stated rate (exact percentage) 6.05%  
Effective rate (in ten thousandths) 6.14%  
Principal $ 220 1,250
Current portion of long-term debt 0 0
Noncurrent long-term debt 219 1,241
Total long-term debt $ 219 1,241
Corporate bonds | 2041 Notes    
Long-term debt by current and noncurrent    
Stated rate (exact percentage) 3.366%  
Effective rate (in ten thousandths) 3.41%  
Principal $ 500 500
Current portion of long-term debt 0 0
Noncurrent long-term debt 497 497
Total long-term debt $ 497 497
Corporate bonds | 2051 Notes    
Long-term debt by current and noncurrent    
Stated rate (exact percentage) 3.477%  
Effective rate (in ten thousandths) 3.52%  
Principal $ 490 500
Current portion of long-term debt 0 0
Noncurrent long-term debt 486 496
Total long-term debt 486 496
Corporate bonds | 2028 Notes    
Long-term debt by current and noncurrent    
Principal 0 542
Current portion of long-term debt 0 0
Noncurrent long-term debt 0 540
Total long-term debt 0 540
Corporate bonds | 2029 A Notes    
Long-term debt by current and noncurrent    
Principal 0 700
Current portion of long-term debt 0 0
Noncurrent long-term debt 0 698
Total long-term debt 0 698
Corporate bonds | 2029 B Notes    
Long-term debt by current and noncurrent    
Principal 0 1,159
Current portion of long-term debt 0 0
Noncurrent long-term debt 0 1,168
Total long-term debt 0 1,168
Corporate bonds | 2030 Notes    
Long-term debt by current and noncurrent    
Principal 0 796
Current portion of long-term debt 0 0
Noncurrent long-term debt 0 794
Total long-term debt 0 794
Corporate bonds | 2031 Notes    
Long-term debt by current and noncurrent    
Principal 0 1,000
Current portion of long-term debt 0 0
Noncurrent long-term debt 0 995
Total long-term debt 0 995
Term loan | 2029 Term Loan A    
Long-term debt by current and noncurrent    
Principal 0 984
Current portion of long-term debt 0 0
Noncurrent long-term debt 0 982
Total long-term debt $ 0 $ 982
v3.26.3
Debt - Activity (Details) - USD ($)
$ in Millions
 12 Months Ended
Jul. 27, 2026
Apr. 03, 2026
Feb. 23, 2026
Feb. 20, 2026
Jan. 23, 2026
Oct. 27, 2025
Oct. 24, 2025
Sep. 03, 2026
Debt instrument                
Decrease in Principal               $ (8,773)
Decrease in Carrying Value               (8,743)
Decrease in Cash               (9,255)
Loss on debt prepayments               $ 510
2028 Notes | Corporate bonds                
Debt instrument                
Decrease in Principal             $ (542)  
Decrease in Carrying Value             (541)  
Decrease in Cash             (562)  
2029 B Notes | Corporate bonds                
Debt instrument                
Decrease in Principal             (1,159)  
Decrease in Carrying Value             (1,168)  
Decrease in Cash             $ (1,276)  
2029 Term Loan A | Term loan                
Debt instrument                
Decrease in Principal           $ (984)    
Decrease in Carrying Value           (982)    
Decrease in Cash           $ (984)    
2051 Notes | Corporate bonds                
Debt instrument                
Decrease in Principal         $ (10)      
Decrease in Carrying Value         (10)      
Decrease in Cash         $ (7)      
2029 A Notes | Corporate bonds                
Debt instrument                
Decrease in Principal       $ (700)        
Decrease in Carrying Value       (698)        
Decrease in Cash       $ (726)        
2030 Notes | Corporate bonds                
Debt instrument                
Decrease in Principal     $ (796)          
Decrease in Carrying Value     (794)          
Decrease in Cash     $ (816)          
2031 Notes | Corporate bonds                
Debt instrument                
Decrease in Principal $ (262) $ (738)            
Decrease in Carrying Value (261) (734)            
Decrease in Cash $ (270) (773)            
2032 Notes | Corporate bonds                
Debt instrument                
Decrease in Principal   (429)            
Decrease in Carrying Value   (426)            
Decrease in Cash   (456)            
2033 A Notes | Corporate bonds                
Debt instrument                
Decrease in Principal   (574)            
Decrease in Carrying Value   (571)            
Decrease in Cash   (616)            
2033 B Notes | Corporate bonds                
Debt instrument                
Decrease in Principal   (685)            
Decrease in Carrying Value   (679)            
Decrease in Cash   (734)            
2035 A Notes | Corporate bonds                
Debt instrument                
Decrease in Principal   (864)            
Decrease in Carrying Value   (857)            
Decrease in Cash   (921)            
2035 B Notes | Corporate bonds                
Debt instrument                
Decrease in Principal   (1,030)            
Decrease in Carrying Value   (1,022)            
Decrease in Cash   $ (1,114)            
v3.26.3
Debt - Senior Unsecured Notes, Finance Lease Liabilities, and Revolving Credit Facility (Details) - USD ($)
 12 Months Ended
Sep. 03, 2026
May 05, 2026
Aug. 28, 2025
Finance lease liabilities      
Current finance lease liability, statement of financial position Current debt   Current debt
Noncurrent finance lease liability, statement of financial position Long-term debt   Long-term debt
Finance leases, weighted-average remaining lease term (in years) 7 years   7 years
Finance lease right-of-use asset $ 2,400,000,000   $ 3,000,000,000.00
Finance lease liabilities 2,387,000,000   3,044,000,000
Revolving credit facility      
Total long-term debt 2,792,000,000    
Variable interest entity, not primary beneficiary      
Finance lease liabilities      
Finance lease right-of-use asset 1,020,000,000.00   1,580,000,000
Finance lease liabilities $ 1,020,000,000.00   $ 1,580,000,000
Corporate bonds      
Senior unsecured notes      
Debt instrument, redemption price percentage 100.00%    
Debt covenant, restricted subsidiaries, ownership percentage by parent (in hundredths) 80.00%    
Debt instrument, redemption price percentage, change in control event 101.00%    
Revolving credit facility | 2030 Revolving Credit Facility      
Revolving credit facility      
Maximum borrowing capacity $ 2,000,000,000.00 $ 3,500,000,000  
Available borrowing capacity 2,000,000,000.00    
Total long-term debt $ 0    
Debt instrument, variable interest rate, type Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]    
Debt instrument, covenant description The Revolving Credit Facility requires us to maintain, on a consolidated basis, a net leverage ratio of total net indebtedness to adjusted EBITDA, as defined in the Revolving Credit Facility agreement and calculated as of the last day of each fiscal quarter, not to exceed 3.25 to 1.00, subject to a temporary four fiscal quarter increase in such maximum ratio to 3.75 to 1.00 following certain material acquisitions.    
Revolving credit facility | 2030 Revolving Credit Facility | Minimum      
Revolving credit facility      
Debt instrument, basis spread on variable rate 0.875%    
Revolving credit facility | 2030 Revolving Credit Facility | Maximum      
Revolving credit facility      
Debt instrument, basis spread on variable rate 1.50%    
Debt instrument, covenant, ratio of net debt to adjusted EBITDA 325.00%    
Debt instrument, covenant, ratio of net debt to adjusted EBITDA, temporary increase after material acquisition 375.00%    
v3.26.3
Debt - Maturities of Notes Payable and Finance Lease Liabilities (Details) - USD ($)
$ in Millions
Sep. 03, 2026
Aug. 28, 2025
Maturities of notes payable    
2027 $ 0  
2028 0  
2029 0  
2030 0  
2031 0  
2032 and thereafter 2,808  
Debt discounts (16)  
Total long-term debt 2,792  
Maturities of finance lease liabilities    
2027 577  
2028 560  
2029 500  
2030 349  
2031 130  
2032 and thereafter 659  
Finance lease imputed interest (388)  
Total finance lease liabilities $ 2,387 $ 3,044
v3.26.3
Commitments (Details)
$ in Billions
Sep. 03, 2026
USD ($)
Commitments for purchase obligations by fiscal year  
2027 $ 1.3
2028 1.8
2029 1.4
2030 1.1
2031 0.8
2032 and thereafter 4.4
Commitments for purchase obligations $ 10.8
v3.26.3
Contingencies (Details) - Patent matters
 12 Months Ended
Sep. 03, 2026
patent
numberOfUtilityModels
Netlist Inc. vs Micron - Complaint 3  
Loss contingencies  
Number of patents allegedly infringed 2
Netlist Inc. vs Micron - Complaint 4  
Loss contingencies  
Number of patents allegedly infringed 6
Netlist Inc. vs Micron - Complaint 5  
Loss contingencies  
Number of patents allegedly infringed 1
Netlist Inc. vs Micron - Complaint 6  
Loss contingencies  
Number of patents allegedly infringed 1
Netlist Inc. vs Micron - Complaint 7  
Loss contingencies  
Number of patents allegedly infringed 1
Netlist Inc. vs Micron - Complaint 8  
Loss contingencies  
Number of patents allegedly infringed 1
Netlist Inc. vs Micron - Complaint 9  
Loss contingencies  
Number of patents allegedly infringed 2
Netlist Inc. - ITC Complaint  
Loss contingencies  
Number of patents allegedly infringed 4
Besang, Inc. vs Micron | Litigation under appeal  
Loss contingencies  
Number of patents allegedly infringed 1
Number of patents found not infringed 1
Yangtze Memory Technologies Company, Ltd. vs Micron - Complaint 1 | Pending litigation  
Loss contingencies  
Number of patents allegedly infringed 8
Yangtze Memory Technologies Company, Ltd. vs Micron - Complaints 2, 3, 4 | Pending litigation  
Loss contingencies  
Number of patents allegedly infringed 3
Yangtze Memory Technologies Company, Ltd. vs Micron - Complaint 5 | Pending litigation  
Loss contingencies  
Number of patents allegedly infringed 11
Yangtze Memory Technologies Company, Ltd. vs Micron - Complaint 6_7_8_9_10 | Pending litigation  
Loss contingencies  
Number of patents allegedly infringed 5
Yangtze Memory Technologies Company, Ltd. Complaint 11a | Pending litigation  
Loss contingencies  
Number of patents allegedly infringed 7
Yangtze Memory Technologies Company, Ltd. Complaint 11b | Pending litigation  
Loss contingencies  
Number of patents allegedly infringed 1
Yangtze Memory Technologies Company, Ltd. Complaint 12 | Pending litigation  
Loss contingencies  
Number of patents allegedly infringed 3
Yangtze Memory Technologies Company, Ltd. Complaint 13_14_15 | Pending litigation  
Loss contingencies  
Number of patents allegedly infringed 3
Yangtze Memory Technologies Company, Ltd. Complaint 16_17_18_19_20 | Pending litigation  
Loss contingencies  
Number of patents allegedly infringed 1
Number of utility models allegedly infringed | numberOfUtilityModels 4
Yangtze Memory Technologies Company, Ltd. Complaint 16_17_18_19_20 | Litigation under appeal  
Loss contingencies  
Number of utility models found infringed | numberOfUtilityModels 2
Advanced Memory Technologies LLC vs Micron | Pending litigation  
Loss contingencies  
Number of patents allegedly infringed 4
Advanced Memory Technologies LLC Complaint Amendment | Pending litigation  
Loss contingencies  
Number of patents allegedly infringed 1
Nextech Semiconductor LLC Complaint | Pending litigation  
Loss contingencies  
Number of patents allegedly infringed 6
v3.26.3
Equity - Common Stock Repurchases and Dividends (Details) - USD ($)
 3 Months Ended 12 Months Ended 100 Months Ended
Sep. 30, 2026
Sep. 03, 2026
May 28, 2026
Feb. 26, 2026
Nov. 27, 2025
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Sep. 03, 2026
Oct. 08, 2026
Common stock repurchases                    
Payments for repurchase of common stock           $ 650,000,000 $ 0 $ 300,000,000    
Dividends                    
Payments of dividends to shareholders (per share)   $ 0.15 $ 0.15 $ 0.115 $ 0.115          
Cash dividends declared (per share)           $ 0.530 $ 0.460 $ 0.460    
Subsequent event | R2026Q1 Dividends                    
Dividends                    
Cash dividends declared (per share) $ 0.15                  
Dividends payable, date to be paid Oct. 29, 2026                  
Dividends payable, date of record Oct. 14, 2026                  
Original share repurchase authorization (May 2018)                    
Common stock repurchases                    
Common stock repurchase, authorized amount   $ 10,000,000,000       $ 10,000,000,000     $ 10,000,000,000  
Treasury shares repurchased (in shares)           2,500,000 0      
Payments for repurchase of common stock           $ 650,000,000     $ 7,840,000,000  
Share repurchases increased authorization (Oct 2026) | Subsequent event                    
Common stock repurchases                    
Common stock repurchase, authorized amount                   $ 35,160,000,000
v3.26.3
Derivative Instruments - Notional Amounts and Fair Values (Details) - USD ($)
$ in Millions
Sep. 03, 2026
Aug. 28, 2025
Fair value of derivative assets and liabilities    
Fair value of assets (Level 2) $ 152 $ 64
Fair value of liabilities (Level 2) (167) (112)
Designated hedging instruments | Cash flow hedges | Currency hedges    
Notional disclosures    
Notional or contractual amount 4,429 3,271
Fair value of derivative assets and liabilities    
Fair value of assets (Level 2) 28 41
Fair value of liabilities (Level 2) (80) (64)
Designated hedging instruments | Cash flow hedges | Commodity hedges    
Notional disclosures    
Notional or contractual amount 446 393
Fair value of derivative assets and liabilities    
Fair value of assets (Level 2) 85 19
Fair value of liabilities (Level 2) (9) (20)
Designated hedging instruments | Fair value hedges | Currency hedges    
Notional disclosures    
Notional or contractual amount 11,493 3,049
Fair value of derivative assets and liabilities    
Fair value of assets (Level 2) 1 1
Fair value of liabilities (Level 2) (21) (10)
Not designated hedging instruments | Currency hedges    
Notional disclosures    
Notional or contractual amount 20,148 3,477
Fair value of derivative assets and liabilities    
Fair value of assets (Level 2) 38 3
Fair value of liabilities (Level 2) $ (57) $ (18)
v3.26.3
Derivative Instruments - Other Details (Details) - USD ($)
$ in Millions
 12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Designated hedging instruments | Cash flow hedges    
Derivative    
General maturity of derivative instruments (in years) 2 years  
Designated hedging instruments | Fair value hedges | Currency hedges    
Derivative    
General maturity of derivative instruments (in years) 1 year  
Fair value hedges    
Fair value of hedged cash and investments $ 11,510 $ 3,050
Not designated hedging instruments | Currency hedges    
Derivative    
General maturity of derivative instruments (in years) 1 year  
v3.26.3
Equity Compensation Plans - Share Based Information and Restricted Stock Awards (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Share-based compensation arrangement by share-based payment award      
Number of shares available for future awards (in shares) 47    
Restricted stock awards      
Restricted stock awards roll forward (in shares)      
Number of shares - Outstanding 25    
Number of shares - Granted 7 11 13
Number of shares - Vested (12)    
Number of shares - Forfeited (1)    
Number of Shares - Outstanding 19 25  
Restricted stock awards roll forward (weighted-average grant-date fair value)      
Weighted-average grant-date fair value per share - Outstanding $ 82.12    
Weighted-average grant-date fair value per share - Granted 243.13 $ 101.15 $ 72.72
Weighted-average grant-date fair value per share - Vested 76.24    
Weighted-average grant-date fair value per share - Forfeited 103.43    
Weighted-average grant-date fair value per share - Outstanding $ 144.38 $ 82.12  
Aggregate vesting-date fair value of shares vested $ 4,846 $ 1,322 $ 1,008
Performance and market-based restricted stock awards      
Restricted stock and restricted stock units ("Restricted Stock Awards")      
Restricted award vesting period 3 years    
Performance and market-based restricted stock awards | Minimum      
Restricted stock and restricted stock units ("Restricted Stock Awards")      
Restricted award achievement potential, percentage 0.00%    
Performance and market-based restricted stock awards | Maximum      
Restricted stock and restricted stock units ("Restricted Stock Awards")      
Restricted award achievement potential, percentage 200.00%    
Service-based restricted stock awards      
Restricted stock awards roll forward (in shares)      
Number of Shares - Outstanding 16    
Service-based restricted stock awards | Tranche 1 - Initial vesting after one year      
Restricted stock and restricted stock units ("Restricted Stock Awards")      
Periodic vesting rights, percentage 25.00%    
Service-based restricted stock awards | Tranche 2 - Quarterly vesting for remaining three years      
Restricted stock and restricted stock units ("Restricted Stock Awards")      
Periodic vesting rights, percentage 6.25%    
Employee stock purchase plan      
Share-based compensation arrangement by share-based payment award      
Number of shares available for future awards (in shares) 6    
v3.26.3
Equity Compensation Plans - ESPP (Details) - Employee stock purchase plan - shares
shares in Millions
 12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Employee stock purchase plan ("ESPP")      
ESPP maximum payroll deduction percentage (in hundredths) 15.00%    
ESPP percentage purchase price of common stock (in hundredths) 85.00%    
ESPP offering period 6 months    
ESPP, number of shares purchased by employees 2 4 4
v3.26.3
Equity Compensation Plans - Stock-based Compensation Expense (Details) - USD ($)
$ in Millions
 12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Share-based payment arrangement, expensed and capitalized, amount      
Stock-based compensation expense $ 1,282 $ 975 $ 821
Equity plans, additional disclosures      
Tax benefit from compensation expense 633 163 140
Total unrecognized compensation costs related to non-vested awards expected to be recognized $ 1,980    
Weighted-average period that unrecognized compensation costs is expected to be recognized (in years) 1 year 2 months 12 days    
Restricted stock awards      
Share-based payment arrangement, expensed and capitalized, amount      
Stock-based compensation expense $ 1,153 877 749
Employee stock purchase plan      
Share-based payment arrangement, expensed and capitalized, amount      
Stock-based compensation expense 129 98 72
Statement of operations location: us-gaap:CostOfGoodsAndServicesSold      
Share-based payment arrangement, expensed and capitalized, amount      
Stock-based compensation expense 528 409 312
Statement of operations location: us-gaap:ResearchAndDevelopmentExpense      
Share-based payment arrangement, expensed and capitalized, amount      
Stock-based compensation expense 495 347 296
Statement of operations location: us-gaap:SellingGeneralAndAdministrativeExpense      
Share-based payment arrangement, expensed and capitalized, amount      
Stock-based compensation expense $ 259 $ 219 $ 213
v3.26.3
Government Incentives - Reported on the Balance Sheet (Details) - USD ($)
$ in Millions
Sep. 03, 2026
Aug. 28, 2025
Government Assistance [Abstract]    
Current asset, statement of financial position Receivables  
Receivables $ 3,319 $ 1,572
Noncurrent asset, statement of financial position Other noncurrent assets  
Other noncurrent assets $ 2,122 914
Noncurrent unearned government incentives $ 786 $ 1,018
v3.26.3
Government Incentives - Additional Disclosures (Details)
$ in Millions, ₨ in Billions, ¥ in Billions
 12 Months Ended
Sep. 03, 2026
USD ($)
Sep. 03, 2026
INR (₨)
Sep. 03, 2026
JPY (¥)
Jul. 04, 2025
Jul. 03, 2025
Government incentives related to capital expenditures          
Property, plant, and equipment, decrease, cumulative $ 10,930        
Property, plant, and equipment, decrease, current year $ 6,430        
Property, plant, and equipment, decrease, statement of financial position Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization        
Government incentives, benefits to operating income          
Operating expense, decrease $ 901        
Operating expense, decrease (increase), statement of income or comprehensive income Cost of goods sold, Research and development        
Statement of operations location: us-gaap:CostOfGoodsAndServicesSold          
Government incentives, benefits to operating income          
Income statement benefit by caption, percentage 78.00%        
Statement of operations location: us-gaap:ResearchAndDevelopmentExpense          
Government incentives, benefits to operating income          
Income statement benefit by caption, percentage 22.00%        
CHIPS direct funding          
Government incentives, benefits to operating income          
Award amount $ 6,400        
Remaining award amount 4,900        
CHIPS direct funding - Boise, ID and Clay, NY          
Government incentives, benefits to operating income          
Award amount 6,100        
CHIPS direct funding - Manassas, VA          
Government incentives, benefits to operating income          
Award amount 275        
CHIPS investment tax credit          
Government incentives, benefits to operating income          
Award percentage       35.00% 25.00%
Project-based incentives - New York fabrication facility          
Government incentives, benefits to operating income          
Non-binding commitment amount 5,500        
Project-based incentives - Gujarat India assembly and test facility          
Government incentives, benefits to operating income          
Remaining award amount $ 1,100 ₨ 102      
Project - Gujarat - India central government funding          
Government incentives, benefits to operating income          
Award percentage 50.00% 50.00% 50.00%    
Project - Gujarat - State funding          
Government incentives, benefits to operating income          
Award percentage 20.00% 20.00% 20.00%    
Project-based incentives - Hiroshima Japan manufacturing facility          
Government incentives, benefits to operating income          
Remaining award amount $ 3,400   ¥ 536    
v3.26.3
Revenue - Revenue by Technology (Details) - USD ($)
$ in Millions
 12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Disaggregation of Revenue      
Revenue $ 133,188 $ 37,378 $ 25,111
DRAM      
Disaggregation of Revenue      
Revenue 100,679 28,578 17,603
NAND      
Disaggregation of Revenue      
Revenue 31,785 8,503 7,227
Other (primarily NOR)      
Disaggregation of Revenue      
Revenue $ 724 $ 297 $ 281
v3.26.3
Revenue - Customer Contract Liabilities (Details) - USD ($)
$ in Millions
 12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Remaining performance obligation    
Remaining performance obligation, practical expedient exemption for contracts one year or less true  
Remaining performance obligation $ 134,000  
Remaining performance obligation, description of expected timing of satisfaction Approximately one-fourth of the remaining performance obligations as of September 3, 2026 are expected to be recognized as revenue over the next twelve months. The remaining performance obligations are expected to be fully recognized within the next five years.  
Contract with customer, contract liability    
Contract liabilities $ 13,000  
Contract with customer, letters of credit 7,000  
Contract with customer, right of return    
Estimated consideration payable to customers for pricing adjustments and returns $ 4,320 $ 1,190
Start date for expected timing of remaining performance obligation: 2026-09-04    
Remaining performance obligation    
Remaining performance obligation, percentage to be recognized 25.00%  
Remaining performance obligation, expected period of timing of satisfaction 12 months  
v3.26.3
Other Operating (Income) Expense, Net (Details) - USD ($)
$ in Millions
 12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Other Income and Expenses [Abstract]      
Patent license charges $ 500 $ 57 $ 0
Patent cross-license agreement gain 0 0 (200)
Other 67 43 (50)
Other operating (income) expense, net $ 567 $ 100 $ (250)
v3.26.3
Income Taxes - Income (loss) before Taxes and Other Items (Details) - USD ($)
$ in Millions
 12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Income before income taxes and equity in net income (loss) of equity method investees      
U.S. $ 4,819 $ 686 $ 544
Foreign 94,852 8,968 696
Income before income taxes and equity in net income (loss) of equity method investees 99,671 9,654 1,240
Current      
U.S. federal (782) (275) (82)
State (272) (15) (1)
Foreign (14,180) (670) (333)
Total income tax (provision) benefit, current (15,234) (960) (416)
Deferred      
U.S. federal 522 (118) 18
State 46 0 0
Foreign (95) (46) (53)
Total income tax (provision) benefit, deferred 473 (164) (35)
Income tax (provision) benefit $ (14,761) $ (1,124) $ (451)
v3.26.3
Income Taxes - Effective Income Tax Rate Reconciliation (ASU 2023-09) (Details) - USD ($)
$ in Millions
 12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Effective Income Tax Rate Reconciliation      
Tax jurisdiction of domicile U.S.    
Effective income tax rate reconciliation, amount      
U.S. federal income tax (provision) benefit at statutory rate $ (20,931) $ (2,027) $ (260)
State taxes, net of federal benefit(1) (162) (7) 12
Foreign tax rate differential   1,132 (214)
Other 697 33 42
Income tax (provision) benefit $ (14,761) $ (1,124) $ (451)
Effective income tax rate reconciliation, percent      
U.S. federal statutory rate (percent) 21.00% 21.00% 21.00%
State taxes, net of federal benefit (percent) 0.20% 0.10% (1.00%)
Foreign tax rate differential (percent)   (11.70%) 17.20%
Other (percent) (0.70%) (0.30%) (3.40%)
Effective tax rate (percent) 14.80% 11.60% 36.40%
Singapore      
Effective income tax rate reconciliation, amount      
Foreign tax rate differential $ 5,968    
Other $ (17)    
Effective income tax rate reconciliation, percent      
Foreign tax rate differential (percent) (6.00%)    
Other (percent) 0.00%    
Other foreign jurisdictions      
Effective income tax rate reconciliation, amount      
Foreign tax rate differential $ (316)    
Effective income tax rate reconciliation, percent      
Foreign tax rate differential (percent) 0.30%    
v3.26.3
Income Taxes - Effective Income Tax Rate Reconciliation (Pre-ASU 2023-09) (Details) - USD ($)
$ in Millions
 12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Effective income tax rate reconciliation, amount      
U.S. federal income tax (provision) benefit at statutory rate $ (20,931) $ (2,027) $ (260)
U.S. tax on foreign operations   (476) (7)
Change in valuation allowance   36 (59)
Change in unrecognized tax benefits   (23) (41)
Foreign tax rate differential   1,132 (214)
Research and development tax credits   208 76
State taxes, net of federal benefit (162) (7) 12
Other 697 33 42
Income tax (provision) benefit $ (14,761) $ (1,124) $ (451)
Effective income tax rate reconciliation, percent      
U.S. federal statutory rate (percent) 21.00% 21.00% 21.00%
U.S. tax on foreign operations (percent)   4.90% 0.60%
Change in valuation allowance (percent)   (0.40%) 4.80%
Change in unrecognized tax benefits (percent)   0.20% 3.30%
Foreign tax rate differential (percent)   (11.70%) 17.20%
Research and development tax credits (percent)   (2.20%) (6.10%)
State taxes, net of federal benefit (percent) 0.20% 0.10% (1.00%)
Other (percent) (0.70%) (0.30%) (3.40%)
Effective tax rate (percent) 14.80% 11.60% 36.40%
v3.26.3
Income Taxes - Cash Paid for Income Taxes, Net of Refunds (Details) - USD ($)
$ in Millions
 12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Income taxes paid by jurisdiction      
Federal $ 275    
State(1) 153    
Total cash paid for income taxes, net of refunds 1,254 $ 583 $ 338
Singapore      
Income taxes paid by jurisdiction      
Foreign 481    
Other jurisdictions      
Income taxes paid by jurisdiction      
Foreign $ 345    
v3.26.3
Income Taxes - Tax Holiday and Other (Details) - USD ($)
$ / shares in Units, $ in Millions
 12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Income tax incentives    
Tax benefit from incentive arrangements $ 2,210 $ 1,050
Tax benefit per diluted share from incentive arrangements $ 1.93 $ 0.93
Noncurrent income taxes payable $ 9,820 $ 648
Singapore    
Income tax incentives    
Gross tax incentive from arrangements in Singapore 11,220  
Income Tax Holiday, Offsetting Dollar Amount, Qualified Domestic Minimum Top-up Taxes $ (9,030)  
v3.26.3
Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Sep. 03, 2026
Aug. 28, 2025
Deferred tax assets    
Net operating loss and tax credit carryforwards $ 737 $ 1,016
Accrued salaries, wages, and benefits 529 203
Operating lease liabilities 140 192
Inventories 119 25
Property, plant, and equipment 63 0
Other 202 37
Gross deferred tax assets 1,790 1,473
Less valuation allowance (581) (634)
Deferred tax assets, net of valuation allowance 1,209 839
Deferred tax liabilities    
Right-of-use assets (108) (163)
Other (172) (112)
Deferred tax liabilities (280) (275)
Net deferred tax assets $ 929 $ 564
v3.26.3
Income Taxes - Operating Loss Carryforwards (Details)
$ in Millions
Sep. 03, 2026
USD ($)
Operating loss carryforwards  
Net operating loss carryforwards $ 1,680
Malaysia  
Operating loss carryforwards  
Net operating loss carryforwards $ 1,460
v3.26.3
Income Taxes - Tax Credit Carryforwards (Details)
$ in Millions
Sep. 03, 2026
USD ($)
Tax credit carryforward  
Tax credit carryforwards $ 513
Carryforward indefinite  
Tax credit carryforward  
Tax credit carryforwards $ 100
v3.26.3
Income Taxes - Unrecognized Tax Benefits (Details) - USD ($)
$ in Millions
 12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Unrecognized tax benefits roll forward      
Beginning unrecognized tax benefits $ 735 $ 716 $ 744
Increases related to tax positions from prior years 17 11 2
Increases related to prior year tax positions taken in current year 0 0 20
Increases related to tax positions taken in current year 64 55 54
Decreases related to tax positions from prior years (4) (8) (89)
Decreases related to settlement with tax authorities 0 0 (15)
Reductions due to lapsed statutes of limitations (17) (39) 0
Ending unrecognized tax benefits 795 $ 735 $ 716
Unrecognized tax benefits that would impact effective tax rate $ 629    
Internal Revenue Service (IRS)      
Income tax contingency      
Tax years under audit 2018 2019    
U.S. federal      
Income tax contingency      
Tax years open to examination 2018 2019 2020 2021 2022 2023 2024 2025 2026    
State      
Income tax contingency      
Tax years open to examination 2018 2019 2020 2021 2022 2023 2024 2025 2026    
Income Tax Jurisdiction, Foreign [Member]      
Income tax contingency      
Tax years open to examination 2021 2022 2023 2024 2025    
v3.26.3
Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Earnings per share reconciliation      
Net income (loss) - Basic $ 84,969 $ 8,539 $ 778
Net income (loss) - Diluted $ 84,969 $ 8,539 $ 778
Weighted-average number of shares outstanding reconciliation      
Weighted-average common shares outstanding – Basic 1,127 1,116 1,105
Dilutive effect of equity compensation plans 16 9 13
Weighted-average common shares outstanding – Diluted 1,143 1,125 1,118
Basic (in dollars per share) $ 75.38 $ 7.65 $ 0.70
Diluted (in dollars per share) $ 74.33 $ 7.59 $ 0.70
Antidilutive potential common shares that could dilute basic earnings per share in the future (in shares) 0 6 3
v3.26.3
Segment and Other Information - Results by Segment (Details)
$ in Millions
 12 Months Ended
Sep. 03, 2026
USD ($)
segment
Aug. 28, 2025
USD ($)
Aug. 29, 2024
USD ($)
Reportable segments      
Number of reportable segments | segment 4    
Segment operating income      
Revenue $ 133,188 $ 37,378 $ 25,111
Cost of goods sold 25,684 22,505 19,498
Gross margin 107,504 14,873 5,613
Research and development 5,650 3,798 3,430
Selling, general, and administrative 1,947 1,205 1,129
Other operating (income) expense, net 567 100 (250)
Operating income 99,340 9,770 1,304
Segment unallocated expenses      
Patent license charges 500 57 0
Operating segments | CMBU      
Segment operating income      
Revenue 43,085 13,524 3,792
Cost of goods sold 8,802 5,867 2,677
Gross margin 34,283 7,657 1,115
Research and development 2,510 1,315 769
Selling, general, and administrative 549 213 107
Other operating (income) expense, net (1) 0 (5)
Operating income 31,225 6,129 244
Operating segments | CDBU      
Segment operating income      
Revenue 37,592 7,229 4,984
Cost of goods sold 6,031 3,995 3,638
Gross margin 31,561 3,234 1,346
Research and development 1,648 864 960
Selling, general, and administrative 374 188 139
Other operating (income) expense, net 0 2 (8)
Operating income 29,539 2,180 255
Operating segments | MCBU      
Segment operating income      
Revenue 36,601 11,859 11,667
Cost of goods sold 6,413 8,650 10,222
Gross margin 30,188 3,209 1,445
Research and development 550 836 994
Selling, general, and administrative 430 390 485
Other operating (income) expense, net 0 2 (33)
Operating income 29,208 1,981 (1)
Operating segments | AEBU      
Segment operating income      
Revenue 15,886 4,753 4,631
Cost of goods sold 3,891 3,566 3,598
Gross margin 11,995 1,187 1,033
Research and development 443 435 425
Selling, general, and administrative 335 195 186
Other operating (income) expense, net 0 0 (10)
Operating income 11,217 557 432
Operating segments | All other      
Segment operating income      
Revenue 24 13 37
Cost of goods sold 19 14 20
Gross margin 5 (1) 17
Research and development 1 0 0
Selling, general, and administrative 0 0 (1)
Other operating (income) expense, net 2 0 0
Operating income 2 (1) 18
Unallocated      
Segment operating income      
Revenue 0 0 0
Cost of goods sold 528 413 (657)
Gross margin (528) (413) 657
Research and development 498 348 282
Selling, general, and administrative 259 219 213
Other operating (income) expense, net 566 96 (194)
Operating income (1,851) $ (1,076) 356
Segment unallocated expenses      
Patent license charges $ 500    
Lower costs from sale of inventory written down in prior periods     $ (987)
v3.26.3
Segment and Other Information - Depreciation and Amortization and Goodwill (Details) - USD ($)
$ in Millions
 12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Depreciation and amortization      
Depreciation expense and amortization of intangible assets $ 9,503 $ 8,352 $ 7,780
Goodwill      
Goodwill 1,150 1,150  
CMBU      
Goodwill      
Goodwill 654 654  
CDBU      
Goodwill      
Goodwill 109 109  
AEBU      
Goodwill      
Goodwill 103 103  
MCBU      
Goodwill      
Goodwill 284 284  
Operating segments | CMBU      
Depreciation and amortization      
Depreciation expense and amortization of intangible assets 3,335 2,260 1,112
Operating segments | CDBU      
Depreciation and amortization      
Depreciation expense and amortization of intangible assets 2,237 1,530 1,434
Operating segments | AEBU      
Depreciation and amortization      
Depreciation expense and amortization of intangible assets 1,431 1,375 1,447
Operating segments | MCBU      
Depreciation and amortization      
Depreciation expense and amortization of intangible assets 2,490 3,177 3,762
Operating segments | All other      
Depreciation and amortization      
Depreciation expense and amortization of intangible assets 6 5 7
Unallocated      
Depreciation and amortization      
Depreciation expense and amortization of intangible assets $ 4 $ 5 $ 18
v3.26.3
Certain Concentrations (Details)
 12 Months Ended
Aug. 28, 2025
Aug. 29, 2024
Revenue from contract with customer | Customer concentration risk | Undisclosed Customer 1    
Concentration risk    
Concentration risk, percentage 17.00% 10.00%
v3.26.3
Geographic Information - Revenue (Details) - USD ($)
$ in Millions
 12 Months Ended
Sep. 03, 2026
Aug. 28, 2025
Aug. 29, 2024
Revenue by geographic location of customers' headquarters      
Revenue $ 133,188 $ 37,378 $ 25,111
U.S.      
Revenue by geographic location of customers' headquarters      
Revenue 91,323 24,113 13,168
Taiwan      
Revenue by geographic location of customers' headquarters      
Revenue 16,950 5,672 4,708
Mainland China (excluding Hong Kong)      
Revenue by geographic location of customers' headquarters      
Revenue 8,338 2,639 3,045
Hong Kong      
Revenue by geographic location of customers' headquarters      
Revenue 6,289 1,138 1,071
Other Asia Pacific      
Revenue by geographic location of customers' headquarters      
Revenue 5,777 1,913 1,330
Japan      
Revenue by geographic location of customers' headquarters      
Revenue 2,066 895 840
Europe      
Revenue by geographic location of customers' headquarters      
Revenue 1,716 625 818
Other      
Revenue by geographic location of customers' headquarters      
Revenue $ 729 $ 383 $ 131
v3.26.3
Geographic Information - Long-Lived Assets (Details) - USD ($)
$ in Millions
Sep. 03, 2026
Aug. 28, 2025
Long-lived assets by geographic area    
Long-lived assets $ 64,031 $ 47,326
Taiwan    
Long-lived assets by geographic area    
Long-lived assets 27,613 18,965
U.S.    
Long-lived assets by geographic area    
Long-lived assets 14,463 8,445
Singapore    
Long-lived assets by geographic area    
Long-lived assets 12,345 10,669
Japan    
Long-lived assets by geographic area    
Long-lived assets 7,247 7,038
Malaysia    
Long-lived assets by geographic area    
Long-lived assets 1,184 1,124
India    
Long-lived assets by geographic area    
Long-lived assets 609 449
China    
Long-lived assets by geographic area    
Long-lived assets 473 544
Other    
Long-lived assets by geographic area    
Long-lived assets $ 97 $ 92