San Francisco, 24 June 2026 – Micron Technology forecast stronger-than-expected quarterly results as surging demand for artificial intelligence infrastructure continues to tighten memory-chip supply and reshape the economics of the global semiconductor industry.
The US memory-chip maker reported third-quarter revenue of US$41.46 billion, ahead of market expectations of US$35.85 billion. Adjusted profit came in at US$25.11 per share, beating estimates of US$20.78 per share, while the company guided for fourth-quarter adjusted earnings of US$31 per share, plus or minus US$1.
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