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      <div><br>&#160;</div>
      <div><br>&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">UNITED
  STATES</font></div>
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  AND EXCHANGE COMMISSION</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Washington,
  D.C. 20549</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">FORM
  8-K</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">CURRENT
  REPORT</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
  to Section&#160;13 OR 15(d) of The Securities Exchange Act of 1934</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">November
  26, 2008</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date of
  Report (date of earliest event reported)</font></div>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: times new roman">MICRON
        TECHNOLOGY, INC.</font></div>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(Exact
        name of registrant as specified in its
  charter)</font></div>
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              </td>
              <td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="29%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1-10658</font></div>
              </td>
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        </font></td>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">75-1618004</font></div>
              </td>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(State
        or other jurisdiction of incorporation)</font></div>
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        File Number)</font></div>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(I.R.S.
        Employer Identification No.)</font></div>
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              <td valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">8000
        South Federal Way</font></div>
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        </font></td>
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              <td valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Boise,
        Idaho&#160;&#160;83716-9632</font></div>
              </td>
              <td valign="top" width="26%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(Address
        of principal executive offices)</font></div>
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              <td valign="top" width="25%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
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              <td valign="top" width="38%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(208)
        368-4000</font></div>
              </td>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(Registrant&#8217;s
        telephone number, including area code)</font></div>
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        </font></td>
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      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Check the
  appropriate box below if the Form 8-K filing is intended to simultaneously
  satisfy the filing obligation of the registrant under any of the following
  provisions (see General Instruction A.2. below):</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Wingdings">o</font>
  Written communications pursuant to Rule 425 under the Securities Act (17 CFR
  230.425)</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Wingdings">o</font>
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
  240.14a-12)</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Wingdings">o</font>
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
  (17 CFR 240.14d-2(b))</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Wingdings">o</font>
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
  (17 CFR 240.13e-4c))</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
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      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td align="left" valign="top" width="9%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item
        1.01.</font></div>
              </td>
              <td align="left" valign="top" width="73%">
                <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Entry
        into a Material Definitive
  Agreement.</font></div>
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      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Boise
  Supply Termination and Amendment Agreement</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;</font>&#160;In October 2008,
  the Company announced that in light of prevailing market conditions, it had
  agreed with Intel to discontinue production of 200mm NAND wafers at its Boise
  facility.<font style="DISPLAY: inline; FONT-WEIGHT: bold">&#160;</font>On
  November 26, 2008, the Company, Intel Corporation (&#8220;Intel&#8221;) and IM Flash
  Technologies, LLC (&#8220;IMFT&#8221;), signed the Boise Supply Termination and Amendment
  Agreement (the &#8220;Termination Agreement&#8221;) to terminate the Boise Supply Agreement
  between the <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BACKGROUND-COLOR: #ffffff">Company
  and IMFT</font>.&#160;&#160;The Boise Supply Agreement was entered into on
  January 6, 2006, in connection with the formation of IMFT.&#160;&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  Termination Agreement requires that the Company and Intel make capital
  contributions to IMFT aggregating approximately $48 million, to be paid
  approximately 50% by each of the Company and Intel, and provides for IMFT to pay
  the Company a termination fee, net of the Company's portion of the capital
  contribution, of approximately $23.7 million.</font><br></font><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Existing
  Relationship between Micron, Intel and IMFT</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In fiscal
  2006, the Company entered into agreements with Intel to form IMFT, a joint
  venture limited liability company that manufactures NAND flash memory
  products.&#160;&#160;In connection with the formation of IMFT, the Company
  contributed land and facilities in Lehi, Utah, a fully paid lease of a portion
  of the Company&#8217;s manufacturing facility in Manassas, Virginia, a wafer supply
  agreement to be <font size="+0" style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">supported by the Company&#8217;s operations located in Boise, Idaho and $250
  million in cash.&#160;&#160;The aggregate fair value of these contributions was
  $1.245 billion.&#160;&#160;Intel contributed $1.196 billion in cash and notes to
  IMFT.&#160;&#160;The Company owns 51% and Intel owns 49% of IMFT.&#160;&#160;The
  parties share the output of IMFT generally in proportion to their investment in
  IMFT.&#160; Additionally</font>, research and development costs of IMFT are
  generally shared in proportion to the parties&#8217; investment in
  IMFT.&#160;&#160;The Company includes IMFT in its consolidated financial
  statements.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
  connection with the formation of IMFT, in fiscal 2006 the Company received net
  proceeds of $230 million from Intel for the sale of the Company&#8217;s existing NAND
  Flash memory designs and certain related technology and the Company&#8217;s
  acquisition of a perpetual, paid-up license to use and modify such
  designs.&#160;<font size="+0" style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BACKGROUND-COLOR: #ffffff">IMFT
  manufactures products based on NAND Flash designs developed by the Company and
  Intel and licensed to</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BACKGROUND-COLOR: #ffffff">&#160;the
  Company.</font></font>&#160;&#160;Product designs and other research and
  development costs for NAND Flash are generally shared equally between the
  Company and Intel.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In fiscal
  2007, the Company entered into agreements with Intel to create a new&#160;NAND
  flash-related joint venture in Singapore (&#8220;IMFS&#8221;).&#160;&#160;As a result of
  contributions to IMFS, the Company owns 51% and Intel owns 49% of
  IMFS.&#160;&#160;The parties will share the output of IMFS generally in
  proportion to their investment in IMFS.&#160;&#160;IMFS has constructed a 300mm
  wafer fabrication facility structure in Singapore.&#160;&#160;The Singapore
  facility has not been equipped and in October 2009 the Company and Intel agreed
  to suspend tooling and the ramp of NAND Flash production at the
  facility.&#160;The Company includes IMFS in its consolidated financial
  statements.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In fiscal
  2008, sales to Intel, primarily for NAND Flash from the IMFT and IMFS, were 19%
  of the Company&#8217;s net sales. In fiscal 2008, the Company also&#160;paid
  approximately $19&#160;million&#160;to Intel for
  products&#160;purchased.&#160;&#160;In fiscal 2008, the Company&#8217;s research and
  development expenses were also reduced by $148 million as a result of
  reimbursements from Intel under the NAND Flash research and development cost
  sharing agreement.&#160;&#160;In fiscal 2008, Intel contributed approximately
  $393 million to IMFS and IMFT distributed approximately $132 million to
  Intel.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In fiscal
  2004, the Company received $450 million in cash from Intel in exchange for the
  issuance of stock rights exchangeable at Intel&#8217;s option into approximately 33.9
  million shares of the Company&#8217;s Common Stock.&#160; As of August 28, 2008, Intel
  retained stock rights for approximately 16.9 million shares of the Company&#8217;s
  Common Stock.&#160;</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td align="left" valign="top" width="9%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item
        1.02.</font></div>
              </td>
              <td align="left" valign="top" width="73%">
                <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Termination
        of a Material Definitive Agreement.</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Boise
  Supply Agreement was terminated on November 26, 2008 pursuant to the Termination
  Agreement (as defined above) described in Item 1.01.&#160; The information set
  forth in Item 1.01 regarding the Boise Supply Termination and Amendment
  Agreement and the relationship between the Company, Intel and IMFT is
  incorporated by reference into this Item 1.02.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>On January 6, 2006, IMFT and the
  Company entered into the Boise Supply Agreement, a five year wafer supply
  agreement whereby the Company allocated a portion of the production capacity at
  its Boise, Idaho, facility to provide certain amounts of NAND production
  capacity to IMFT, and IMFT gave the Company a capital credit in the amount of
  $500 million and received pre-negotiated pricing for the wafers produced. IMFT
  was obligated to purchase all of the wafers produced under the Boise Supply
  Agreement. In addition, IMFT reimbursed the Company for certain incremental
  equipment the Company purchased that was used in the manufacture of NAND
  products under the terms of the Boise Supply Agreement.</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: -4.5pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
  to the requirements of the Securities Exchange Act of 1934, the Registrant has
  duly caused this report to be signed on its behalf by the undersigned hereunto
  duly authorized.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -4.5pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">MICRON
        TECHNOLOGY, INC.</font></div>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Date:</font></div>
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              <td align="left" valign="middle" width="44%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">December
        3, 2008</font></div>
              </td>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">By:</font></div>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: times new roman">&#160;/s/
        Ronald C. Foster</font></div>
              </td>
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        </font></td>
              <td valign="bottom" width="44%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td align="left" valign="top" width="6%">
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Vice
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text: form8-kdec.htm
  UNITED
  STATES
  SECURITIES
  AND EXCHANGE COMMISSION
  Washington,
  D.C. 20549
  FORM
  8-K
  CURRENT
  REPORT
  Pursuant
  to Section 13 OR 15(d) of The Securities Exchange Act of 1934
  November
  26, 2008
  Date of
  Report (date of earliest event reported)
  MICRON
        TECHNOLOGY, INC.
  (Exact
        name of registrant as specified in its
  charter)
  Delaware
  1-10658
  75-1618004
  (State
        or other jurisdiction of incorporation)
  (Commission
        File Number)
  (I.R.S.
        Employer Identification No.)
  8000
        South Federal Way
  Boise,
        Idaho  83716-9632
  (Address
        of principal executive offices)
  (208)
        368-4000
  (Registrant's
        telephone number, including area code)
  Check the
  appropriate box below if the Form 8-K filing is intended to simultaneously
  satisfy the filing obligation of the registrant under any of the following
  provisions (see General Instruction A.2. below):
  o
  Written communications pursuant to Rule 425 under the Securities Act (17 CFR
  230.425)
  o
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
  240.14a-12)
  o
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
  (17 CFR 240.14d-2(b))
  o
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
  (17 CFR 240.13e-4c))
  Item
        1.01.
  Entry
        into a Material Definitive
  Agreement.
  Boise
  Supply Termination and Amendment Agreement
  In October 2008,
  the Company announced that in light of prevailing market conditions, it had
  agreed with Intel to discontinue production of 200mm NAND wafers at its Boise
  facility.
  On
  November 26, 2008, the Company, Intel Corporation ("Intel") and IM Flash
  Technologies, LLC ("IMFT"), signed the Boise Supply Termination and Amendment
  Agreement (the "Termination Agreement") to terminate the Boise Supply Agreement
  between the
  Company
  and IMFT
  .  The Boise Supply Agreement was entered into on
  January 6, 2006, in connection with the formation of IMFT.
  The
  Termination Agreement requires that the Company and Intel make capital
  contributions to IMFT aggregating approximately $48 million, to be paid
  approximately 50% by each of the Company and Intel, and provides for IMFT to pay
  the Company a termination fee, net of the Company's portion of the capital
  contribution, of approximately $23.7 million.
  Existing
  Relationship between Micron, Intel and IMFT
  In fiscal
  2006, the Company entered into agreements with Intel to form IMFT, a joint
  venture limited liability company that manufactures NAND flash memory
  products.  In connection with the formation of IMFT, the Company
  contributed land and facilities in Lehi, Utah, a fully paid lease of a portion
  of the Company's manufacturing facility in Manassas, Virginia, a wafer supply
  agreement to be
  supported by the Company's operations located in Boise, Idaho and $250
  million in cash.  The aggregate fair value of these contributions was
  $1.245 billion.  Intel contributed $1.196 billion in cash and notes to
  IMFT.  The Company owns 51% and Intel owns 49% of IMFT.  The
  parties share the output of IMFT generally in proportion to their investment in
  IMFT.  Additionally
  , research and development costs of IMFT are
  generally shared in proportion to the parties' investment in
  IMFT.  The Company includes IMFT in its consolidated financial
  statements.
  In
  connection with the formation of IMFT, in fiscal 2006 the Company received net
  proceeds of $230 million from Intel for the sale of the Company's existing NAND
  Flash memory designs and certain related technology and the Company's
  acquisition of a perpetual, paid-up license to use and modify such
  designs.
  IMFT
  manufactures products based on NAND Flash designs developed by the Company and
  Intel and licensed to
  the
  Company.
  Product designs and other research and
  development costs for NAND Flash are generally shared equally between the
  Company and Intel.
  In fiscal
  2007, the Company entered into agreements with Intel to create a new NAND
  flash-related joint venture in Singapore ("IMFS").  As a result of
  contributions to IMFS, the Company owns 51% and Intel owns 49% of
  IMFS.  The parties will share the output of IMFS generally in
  proportion to their investment in IMFS.  IMFS has constructed a 300mm
  wafer fabrication facility structure in Singapore.  The Singapore
  facility has not been equipped and in October 2009 the Company and Intel agreed
  to suspend tooling and the ramp of NAND Flash production at the
  facility. The Company includes IMFS in its consolidated financial
  statements.
  In fiscal
  2008, sales to Intel, primarily for NAND Flash from the IMFT and IMFS, were 19%
  of the Company's net sales. In fiscal 2008, the Company also paid
  approximately $19 million to Intel for
  products purchased.  In fiscal 2008, the Company's research and
  development expenses were also reduced by $148 million as a result of
  reimbursements from Intel under the NAND Flash research and development cost
  sharing agreement.  In fiscal 2008, Intel contributed approximately
  $393 million to IMFS and IMFT distributed approximately $132 million to
  Intel.
  In fiscal
  2004, the Company received $450 million in cash from Intel in exchange for the
  issuance of stock rights exchangeable at Intel's option into approximately 33.9
  million shares of the Company's Common Stock.  As of August 28, 2008, Intel
  retained stock rights for approximately 16.9 million shares of the Company's
  Common Stock.
  Item
        1.02.
  Termination
        of a Material Definitive Agreement.
  The Boise
  Supply Agreement was terminated on November 26, 2008 pursuant to the Termination
  Agreement (as defined above) described in Item 1.01.  The information set
  forth in Item 1.01 regarding the Boise Supply Termination and Amendment
  Agreement and the relationship between the Company, Intel and IMFT is
  incorporated by reference into this Item 1.02.
  1
  Summary
  Description of the terminated Boise Supply Agreement
  On January 6, 2006, IMFT and the
  Company entered into the Boise Supply Agreement, a five year wafer supply
  agreement whereby the Company allocated a portion of the production capacity at
  its Boise, Idaho, facility to provide certain amounts of NAND production
  capacity to IMFT, and IMFT gave the Company a capital credit in the amount of
  $500 million and received pre-negotiated pricing for the wafers produced. IMFT
  was obligated to purchase all of the wafers produced under the Boise Supply
  Agreement. In addition, IMFT reimbursed the Company for certain incremental
  equipment the Company purchased that was used in the manufacture of NAND
  products under the terms of the Boise Supply Agreement.
  2
  SIGNATURE
  Pursuant
  to the requirements of the Securities Exchange Act of 1934, the Registrant has
  duly caused this report to be signed on its behalf by the undersigned hereunto
  duly authorized.
  MICRON
        TECHNOLOGY, INC.
  Date:
  December
        3, 2008
  By:
  /s/
        Ronald C. Foster
  Name:
  Ronald
        C. Foster
  Title:
  Chief
        Financial Officer and
  Vice
        President of Finance
  3