In this article, we discuss how an early entry in the 3D NAND market can help Micron increase its NAND market share. Currently, the company derives 28% of its revenue and 34% of its valuation (as per our estimate) from the NAND Flash market. Accounting for around 14% of the market, Micron is the fourth largest player in the NAND Flash segment, after Samsung, Toshiba and Sandisk.