Micron Technology, Inc. (MU)

The company now

Micron Technology, the Boise, Idaho maker of memory chips, closed fiscal 2026 on 3 September with revenue of $133.19 billion, against $37.38 billion the year before 2. Net income was $84.97 billion 2. Fourth-quarter revenue alone was $54.23 billion, against $11.32 billion a year earlier 2.

The annual report credits prices more than volume: DRAM sales rose 252 percent on average selling prices up about 180 percent, as AI demand in data centers outran what the industry could supply 1. Gross margin, the share of revenue left after the cost of making the chips, rose to 81 percent from 40 percent 1.

Buyers have answered the shortage with multi-year take-or-pay contracts: Micron has signed 26 of them, and customers' commitments under them reached $32 billion, mostly cash deposits 34. For the first quarter of fiscal 2027 the company guided revenue of $61.5 billion, plus or minus $1.5 billion 2.

On 6 October a Munich court ordered Micron to stop offering some of its 3D NAND products in Germany, in a patent case brought by China's YMTC; Micron has appealed 1. In Taiwan, eleven officials of the union at its Taoyuan site held a 24-hour strike on 22 October over profit sharing 14.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.