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Memory boom: Micron's quarterly revenue nearly quintuples

Summary by evertiq.com
Micron's revenue reached USD 54.2 billion in the fourth quarter of its 2026 fiscal year, almost five times the level of the same quarter last year. Rising memory prices pushed the gross margin to 87%, and the company expects supply to become even tighter in 2027 and 2028.

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evertiq.com broke the news on Tuesday, October 6, 2026.
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