Micron Technology

Micron reported a 31% revenue increase for its latest fiscal quarter to $54.2 billion and a gross margin of 86.8%; net income rose to $37.7 billion. For fiscal year 2026, revenue was $133.2 billion versus $37.4 billion the prior year, driven by stronger demand for DRAM and NAND for AI data centers. DRAM prices rose by high double-digit percentages in the quarter, and NAND prices by about 30%. Micron expects significantly tighter supply/demand conditions in 2027 and 2028 and has already contractually allocated 75% of its production for 2027. » More on heise.de

Micron reported record revenue of $54.23 billion and an adjusted net income of $38.4 billion for fiscal Q4 2026, with a gross margin of 87%. Strong AI demand and shipments of the HBM4 generation were key drivers; the company also expanded long-term supply contracts and expects about $61.5 billion in revenue for Q1 2027. Micron is investing heavily in production capacity (2026: $27.4 billion; planned >$250 billion long term) but still sees potential supply tightness through 2028. The stock reacted relatively muted in after-hours trading, as future memory prices and margins will depend on the supply–demand balance. » More on finanzen.net

Micron had issued surprisingly high targets for the current quarter after the close, yet the stock was trading nearly two percent lower on the following trading day. Investors remain cautious because rising U.S. yields and higher oil prices are fuelling inflation concerns and keep the prospect of further Fed rate hikes open. Analysts also say Micron did not give the AI sector a new boost, so many buyers do not consider re-entering the market necessary at this time. » More on handelsblatt.com