Micron's development history is a growth story of continuous expansion through sustained innovation, strategic acquisitions, and global deployment. Starting as a small design company in 1978, the company went public in 1984 and established its own fabrication facilities, laying the foundation for its IDM (Integrated Device Manufacturer) model. In the 21st century, through key acquisitions such as Japan's Elpida, Micron significantly strengthened its position and production capacity in the DRAM market. In recent years, facing intense industry competition and cyclical fluctuations, Micron has actively adjusted its strategy. On one hand, it divested non-core assets (such as the consumer brand Lexar); on the other hand, it has heavily invested in cutting-edge R&D, like the 1-beta nanometer DRAM process and 232-layer 3D NAND. Concurrently, Micron has established a deep presence in key markets like China, where its Xi'an facility has become a crucial global packaging and testing base, demonstrating its strategic vision for global operations and long-term commitment to future markets.