Micron Technology Inc (NASDAQ:MU) forecast fiscal first-quarter revenue well above expectations on Wednesday, after fourth-quarter revenue surged 379% from a year earlier to $54.23 billion. The fourth-quarter figure compared with estimates of $51.07 billion.
The semiconductor company had a fourth-quarter profit of $37.7 billion as its memory chips remained a hot commodity amid the build-out of artificial-intelligence infrastructure.
Micron reported fiscal fourth-quarter earnings that topped estimates. The memory company is the only U.S.-based maker of high-bandwidth memory crucial for AI.
Micron Technology forecast quarterly revenue above estimates on Wednesday, signaling it expects the AI-driven memory chip boom to continue powering its growth.
Micron Technology is set to report earnings after markets close today, with traders anticipating a sizable move in the memory chipmaker's stock.
Michael Burry just swapped unlimited-horizon short positions for expiring put contracts on Micron, accepting a hard deadline to be right before a stock up 550% in a year reports earnings in hours.
Five entry points into Micron stock, separated by decades, produced returns that diverge so wildly they challenge every assumption about patience rewarding long-term investors. The date you bought matters far more than you think.
Micron Technology (MU) reports earnings Wednesday. The company has had a massive year in 2026, up 237% in that time.
JPMorgan sees multiple levers working in Micron's favor before its September 30 earnings report, but the stock has a troubling habit of selling off sharply even after big beats.
Micron (NASDAQ:MU | MU Price Prediction) reports fiscal fourth-quarter results tomorrow after the close. Shares are up 273.63% year to date, so the fiscal Q1 outlook will move the stock more than the quarter itself.
Micron stock has had some eye-watering moves after earnings in previous quarters. With analysts upbeat for the company's results this week, the stock could be in for a roller coaster.
AI runs on memory, and one overlooked U.S. chipmaker just signed contracts that could make its notorious boom-and-bust cycle a thing of the past. The numbers behind those deals tell a story most investors are sleeping on.