Segment and Other Information

6 Months Ended

Feb. 29, 2024

Segment Reporting [Abstract]

Segment and Other Information

Segment and Other Information

Segment information reported herein is consistent with how it is reviewed and evaluated by our chief operating decision maker. We have the following four business units, which are our reportable segments:

Compute and Networking Business Unit (“CNBU”): Includes memory products and solutions sold into the client, cloud server, enterprise, graphics, and networking 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 automotive, industrial, and consumer markets.

Storage Business Unit (“SBU”): Includes SSDs and component-level solutions sold into the enterprise and cloud, client, and consumer storage 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				Six months ended
	February 29, 2024		March 2, 2023		February 29, 2024		March 2, 2023
Revenue
CNBU	$	2,185	$	1,375	$	3,922	$	3,121
MBU	1,598		945		2,891		1,600
EBU	1,111		865		2,148		1,865
SBU	905		507		1,558		1,187
All Other	25		1		31		5
	$	5,824	$	3,693	$	10,550	$	7,778
Operating income (loss)
CNBU	$	28	$	(35)	$	(369)	$	155
MBU	(9)		(344)		(696)		(539)
EBU	(1)		88		9		282
SBU	(217)		(357)		(707)		(614)
All Other	21		1		25		4
	(178)		(647)		(1,738)		(712)
Unallocated
Lower costs from sale of inventory written down in prior periods	382		—		987		—
Patent cross-license agreement gain	200		—		200		—
Stock-based compensation	(209)		(136)		(391)		(262)
Restructure and asset impairments	—		(86)		—		(99)
Provision to write-down inventories to net realizable value	—		(1,430)		—		(1,430)
Other	(4)		(4)		5		(9)
	369		(1,656)		801		(1,800)
Operating income (loss)	$	191	$	(2,303)	$	(937)	$	(2,512)