Micron revenue hits nearly $42B as AI memory lifts gross margins above 81%
Fiscal Q3 results crush estimates, prove AI memory is rewriting Micron's margins, and change the momentum math for the whole chip stack.
By Mohammed Al-Shehri·· 3 min
3 briefings · “gross margin”
Fiscal Q3 results crush estimates, prove AI memory is rewriting Micron's margins, and change the momentum math for the whole chip stack.
The AI chipmaker’s post-IPO first report narrowed gross margin expectations, and investors reacted fast. Here’s what likely spooked them.
A memory crisis flipped the supply-demand math and Micron just reported a margin surge that changes the pecking order.