Micron Reports Record Q4 Revenue of $54.2B, Guides $61.5B
Micron Technology posted record Q4 revenue of $54.23B and full-year net income of $84.97B, driven by AI data center memory demand, guiding Q1 FY27 to $61.5B.
Micron Technology posted record Q4 revenue of $54.23B and full-year net income of $84.97B, driven by AI data center memory demand, guiding Q1 FY27 to $61.5B.
Semiconductors led a tech rout Aug 18 as the 10-year yield sat near 4.72%. Micron -7%, AMD -4.3%, SOX -4.98% — while Apple and Microsoft actually rose.
SanDisk surged 21% intraday after Micron’s record Q3 print, then gave back gains as profit-takers crowded the AI memory trade.
Apple fell 5% after raising Mac and iPad prices on memory costs. Micron jumped 14% to $1,195 on Q3 FY26 beat — same AI memory squeeze, both sides.
Chip stocks closed last week with double-digit pops in SNDK, INTC, and MU. Micron’s fiscal Q3 print Wednesday is the next test of the AI memory trade.
Micron prints fiscal Q3 on June 24 after a 244% YTD run to a $1.1T market cap. Here’s what the HBM, DRAM, and margin commentary needs to show.