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Micron Technology's latest quarterly report clearly indicates that the stock's red-hot run is far from over.
Micron posted $54.2B in revenue and an 87% gross margin, yet MU barely moved. Past memory cycles, new fab timing, contracts and what the price implies.
Micron's fiscal Q4 2026 revenue hit $54.23B, up 379% YoY, as DRAM and NAND prices surged on AI memory demand. Here is what it means for buyers.