Micron Technology will release its fiscal Q4 2026 earnings on September 30. The stock has declined approximately 25% from recent highs, falling below the $1,000 mark. The company projects quarterly revenue of around $50 billion with non-GAAP EPS of about $31. In the previous quarter, Micron reported revenue of $41.46 billion, a 346% year-over-year increase. Demand for DRAM and high-bandwidth memory used in AI training and inference workloads has been the primary growth driver, pushing expected gross margin to 86% for Q4.
Source: Read the original article

