Prediction: Micron Will Earn More Profit Than Microsoft in Fiscal 2027

An analyst predicts Micron Technology will earn more net profit than Microsoft in fiscal 2027, driven by record-high memory prices and strong demand. Micron's Q4 FY2026 guidance suggests ~$35 billion quarterly profit, but the prediction depends critically on memory prices holding near current levels. Microsoft's fiscal 2027 profit could still exceed Micron's if memory prices decline, as they have historically done during supply gluts.