Wednesday, June 24After Close
Micron Technology
MU · Q3 FY2026Semiconductors · DRAM / HBM Memory
93/ 100
Micron's revenue went from $9.30 billion to $41.46 billion in a single year, gross margin widened from 37.7% to 84.6%, and EPS of $25.11 beat by 17%. The stock rose 15.7% the next day; the real surprise was not the quarter but the $50 billion guidance where the market had penciled in $43.4 billion. From here, what matters is the pace of the HBM4 ramp and when the capacity the industry is adding turns the cycle.
- Revenue Growth (YoY)
- + 346%
- EPS Surprise
- + 17%
- Post-Earnings Reaction
- + 15.7%
