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Segment and Other Information
 9 Months Ended
May 29, 2025
Segment Reporting [Abstract]  
Segment and Other Information
Segment and Other Information

Segment information reported herein is consistent with how it was reviewed and evaluated by our chief operating decision maker for the applicable time periods. Through the first nine months of 2025, we had the following four business units, which were our reportable segments:

•Compute and Networking Business Unit (“CNBU”): Includes memory products and solutions sold into the data center, PC, graphics, and networking markets.
•Storage Business Unit (“SBU”): Includes SSDs and component-level storage solutions sold into the data center, PC, and consumer markets.
•Mobile Business Unit (“MBU”): Includes memory and storage products sold into the smartphone and other mobile-device markets.
•Embedded Business Unit (“EBU”): Includes memory and storage products and solutions sold into the intelligent edge through the automotive, industrial, and consumer embedded markets.

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. 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.
Quarter Ended
Nine Months Ended
May 29, 2025May 30, 2024May 29, 2025May 30, 2024
Revenue
CNBU$5,069 $2,573 $14,028 $6,495 
SBU1,451 1,353 4,574 2,911 
MBU1,551 1,588 4,146 4,479 
EBU1,227 1,294 3,304 3,442 
All other
3 3 11 34 
Total revenue
$9,301 $6,811 $26,063 $17,361 
Operating income (loss)
CNBU$2,182 $442 $5,812 $73 
SBU(9)76 362 (631)
MBU217 301 604 (395)
EBU98 124 112 133 
All other
2 (2)1 23 
2,490 941 6,891 (797)
Unallocated
Stock-based compensation(263)(217)(713)(608)
Patent license charges(57)— (57)— 
Lower costs from sale of inventory written down in prior periods— — — 987 
Patent cross-license agreement gain— — — 200 
Other(1)(5)(5)— 
(321)(222)(775)579 
Total operating income (loss)
$2,169 $719 $6,116 $(218)

We initiated a strategic reorganization of our business units to a market segment-focused business unit structure, with AI growth opportunities in every business unit. We completed reorganization of our operations and organizational structure and began to manage operations under our new segment structure effective in the fourth quarter of 2025. As high-performance memory and storage become increasingly vital to drive the growth of AI, this business unit reorganization will allow us to stay at the forefront of innovation in each market segment through deeper customer engagement to address the dynamic needs of the industry. The changes will require us to recast our segment reporting and we will report financial results under this new structure starting with our 2025 Annual Report on Form 10-K. Under this structure, we will have the following four business units, which will be 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 memory solutions for OEM data center customers and storage solutions for all data center customers.
•Mobile and Client Business Unit (“MCBU”): Focused on memory and storage solutions for mobile and client segments.
•Automotive and Embedded Business Unit (“AEBU”): Focused on memory and storage solutions for the automotive, industrial and consumer segments.