Micron Ventures backs focused, creative warrior daredevils who pursue seemingly crazy ideas and stay obsessively focused through crises, while systematically investing across the full generative-AI stack from domain-specific applications to enabling infrastructure rather than doing generic AI investing. The fund treats portfolio companies as co-development partners that solve highly specific semiconductor-manufacturing problems, actively using them inside Micron's own fabs and operations while emphasizing a more than capital model that blends internal smart-manufacturing teams with startup agility.