Micron Technology reported a 379% year-over-year revenue increase in Q4 to $54.23 billion, surpassing estimates of $51.07 billion. Adjusted earnings per share also beat expectations at $33.42 versus $31.61 estimated. The company expects fiscal Q1 revenue of $61.5 billion, well above the $57.02 billion forecast, driven by strong AI memory demand. CEO Sanjay Mehrotra highlighted record fiscal 2026 results and optimism for an even stronger fiscal 2027, with new product launches and AI workstation wins boosting growth prospects.
Micron Technology's shares are trading at USD 1,085.73 on Pluang as of Oct 01, 2026 03:32 WIB, up 1.94% in the past day. The stock holds a market cap of $1.20 trillion and a 52-week high of $1.21K, reflecting strong investor interest possibly linked to its robust Q4 revenue and optimistic guidance on AI memory demand. Pluang users show a balanced order activity with 55% buying and 45% selling, indicating cautious optimism among retail investors.
Micron Technology reported a historic fiscal Q4 with record revenue and margin growth fueled by strong demand for AI-related high-bandwidth memory (HBM) and data center products. The company’s forward guidance surpasses market expectations, securing ...
Micron reported fiscal Q4 earnings that surpassed expectations, with revenue nearly quadrupling to $54.23 billion due to soaring demand for AI-related memory chips. The company, the only U.S. maker of high-bandwidth memory (HBM), saw net income jump ...
In 2026, NVIDIA rose 23%, while Micron and SanDisk surged 265% and 609% respectively, driven by strong demand for memory and AI computing. Analysts project further upside in 2027 with price targets of $400 for NVIDIA, $2,000 for Micron, and $3,000 fo...
Rambus, a maker of memory interface chips for AI servers, is trading well below its 52-week high but shows strong growth potential due to rising AI demand. The company reported a 20.43% revenue increase in fiscal Q2, beating estimates, and secured a ...
Michael Burry replaced his unlimited short positions on Micron with put options expiring in June 2027, striking near $500, far below the current $1,065 share price. This move reflects his belief that the AI-driven stock rally may soon burst, requirin...
