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 is investing heavily to expand its DRAM manufacturing in the U.S., despite higher costs compared to Asia. This expansion is supported by federal and state incentives, including tax credits and CHIPS Act grants, which help offset the...
Micron Technology's stock has dropped about 30%, but it's now rated a Strong Buy at around $688 due to an exaggerated sell-off. The company trades at a low forward P/E of approximately 3.72 and has $134 billion in binding customer commitments, with s...
Micron Technology keeps its Buy rating despite a 143% stock rally, but the analyst's confidence has weakened due to limited further upside to a base price target of $873. The company's recent earnings beat expectations mainly from traditional DRAM an...
The Strive US Semiconductor ETF (SHOC) is still rated a Buy despite concerns over a possible US data center construction moratorium. Its portfolio, heavily weighted with Nvidia, Micron, and Broadcom, could see an 84% gain if global data center expans...
Walleye Capital, a $17 billion hedge fund, announced it will restructure its stock-picking unit and return some capital after losing 5.9% in October, its worst month since March 2020. The fund's losses coincided with a sharp selloff in AI chip stocks...
