Micron Just Dropped a Monster Quarter đ
Micron crushed fiscal Q4 expectations with $54.23B in revenue and $33.42 adjusted EPS, beating analyst estimates of about $51.1B and $31.6, respectively. AI-driven demand for memory and data-center chips is fueling the surge.
But the real headline is guidance: Micron expects $61.5B in Q1 revenue and $38.15 adjusted EPS, both well above Wall Street forecasts. Its long-term customer commitments also jumped to $32B.
Micron now expects memory supply-demand conditions to stay much tighter through fiscal 2027 and 2028. AI infrastructure demand is translating into a massive memory boom.
#MicronBeatsEarningsLiftsGuidance
$MU
Micron crushed fiscal Q4 expectations with $54.23B in revenue and $33.42 adjusted EPS, beating analyst estimates of about $51.1B and $31.6, respectively. AI-driven demand for memory and data-center chips is fueling the surge.
But the real headline is guidance: Micron expects $61.5B in Q1 revenue and $38.15 adjusted EPS, both well above Wall Street forecasts. Its long-term customer commitments also jumped to $32B.
Micron now expects memory supply-demand conditions to stay much tighter through fiscal 2027 and 2028. AI infrastructure demand is translating into a massive memory boom.
#MicronBeatsEarningsLiftsGuidance
$MU
