Micron Jumps 7%: Is the Memory Maker Now a Structural AI Winner?
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The post Micron Jumps 7%: Is the Memory Maker Now a Structural AI Winner? appeared first on 24/7 Wall St..
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Micron Technology (MU) reported fiscal Q2 2026 revenue of $23.9B, up nearly 3x year over year, with gross margin hitting a company record of 75% and guidance for Q3 2026 revenue of $33.5B at 81% margin, driven by HBM supply constraints.
Quick Read
Micron Technology (MU) reported fiscal Q2 2026 revenue of $23.9B, up nearly 3x year over year, with gross margin hitting a company record of 75% and guidance for Q3 2026 revenue of $33.5B at 81% margin, driven by HBM supply constraints.
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