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Micron’s revenue quadrupled as AI memory demand pushes gross margins above 81 percent

Posted on June 24, 2026 By 164news66 No Comments on Micron’s revenue quadrupled as AI memory demand pushes gross margins above 81 percent

Micron Technology’s Fiscal Third-Quarter Revenue Soars to Nearly $42bn

Micron Technology posted fiscal third-quarter revenue of nearly $42 billion, quadrupling from just over $9 billion a year earlier and beating Wall Street estimates by a wide margin. The results, reported on Tuesday, confirm that the company riding the AI memory boom hardest is the one whose stock has already climbed roughly 700 percent over the past […]

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