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MU Breaks $1,045 Ahead of September 30 Earnings

MU Breaks $1,045 Ahead of September 30 Earnings

TradingKey – Micron Technology (MU) is up 5.00% on Tuesday and at $1,096.16 after a four day winning streak. The company is set to report fiscal fourth quarter results on September 30. Micron has reported record revenues in the previous quarter. The company also reported 84.9% non-GAAP gross margins. Additionally, the data center segment reporting strong numbers. For the upcoming quarter, the company also projected strong numbers. However, there are concerns whether the company can report strong margins, given the tight memory supply and the ongoing labor dispute in Taiwan.

September 30 Earnings Are the Immediate Catalyst

Micron has formally notified the markets that it will report fiscal fourth quarter 2026 results on September 30.

With…

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