Micron posts adjusted EPS of $33.42 and revenue of $54.23 billion as results beat estimates
AI Market Summary
Micron delivered a major earnings and revenue beat, with strong operating cash flow and upbeat next-quarter guidance above consensus, reinforcing tight memory supply expectations through 2027-2028. Datacenter-driven demand is accelerating, highlighted by rising cloud memory and core data center sales, while product roadmap progress (DDR5 modules, HBM4/4E) supports forward visibility. Large planned capex signals sustained expansion but also higher investment intensity.
Impact level
● Medium
Affected assets
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AI Insight · NCSKMU2USD/USDTAI Insight
▲ Bullish
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Micron Technology reported quarterly results that topped expectations, with adjusted earnings per share of $33.42 and revenue of $54.23 billion, up 379.1% year over year. The company forecast next-quarter revenue of $60 billion to $63 billion and adjusted EPS of $37.15 to $39.15, both above Wall Street projections. Cloud Memory revenue rose to $16.28 billion, while Core Data Center sales reached $18 billion.
