TradingKey – Micron begins September 3 trading at MU’s latest completed price of $956.08 and at $954.87 after hours, closely matching the $954.36 chart reference. The fundamental setting remains strong. Fiscal Q4 expects $50 billion in revenue and an 86% gross margin. HBM4 is in volume shipments, and key customer contracts improve visibility. The new risk is disruption to the Taiwan labor market that could result in a strike. No production disruption has occurred.
Q3 Results Show Extraordinary Memory Economics
Micron posted $41.46 billion in revenue for fiscal Q3 2026 compared to $23.86 billion in Q2 and $9.30 billion this time last year. GAAP net income was $28.24 billion, and non-GAAP net income was $28.86 billion or $25.11 per…
