Reminiscence chipmaker Micron Expertise Inc. (NASDAQ: MU) reported a multi-fold enhance in revenues for the fourth quarter of fiscal 2026. Earnings rose sharply and topped Wall Avenue’s expectations.
Fourth-quarter income surged to $54.23 billion from $11.31 billion within the corresponding quarter of 2025, exceeding analysts’ estimates.
Earnings, on an adjusted foundation, had been $33.42 per share within the fourth quarter, representing a pointy enhance from $3.03 per share the corporate earned within the prior-year quarter. Earnings beat consensus estimates. Unadjusted internet revenue rose to $37.7 billion or $32.87 per share in This fall from $3.2 billion or $2.83 per share final yr.
For the primary quarter of fiscal 2027, administration tasks revenues of $61.5 billion ± $1.5 billion. The steering for Q1 earnings per share, on an adjusted foundation, is $38.15 ± $1.0.
Commenting on the outcomes, Micron’s CEO Sanjay Mehrotra stated, “AI is turning into Tremendous Intelligence (SI), and reminiscence enhances this intelligence and the competitiveness of our prospects’ platforms. We’re growing our investments in know-how, merchandise, and manufacturing to assist drive SI ahead with our prospects, and our Strategic Buyer Agreements present added confidence within the sturdiness of Micron’s monetary efficiency.”
