Micron Earnings: AI-Driven Memory Cycle Remains Strong

Micron Technology reported record Q4 revenue of $54.2 billion, up 31% sequentially and 379% year-over-year, with adjusted EPS of $33.42 beating consensus estimates. Strong pricing in both DRAM and NAND segments, combined with robust visibility through 2027 and strategic customer agreements, indicate the AI-driven memory cycle remains powerful with continued growth expected through fiscal 2027.