Press "Enter" to skip to content

Micron Forecasts Strong Results as AI Memory Chip Demand Drives Supply Crunch

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.

Unlock the Full Article

This article is exclusive to The Ledger Asia Subsribers / PAID members.

Subscribe to Read More

Already have an account? Log in here

Author

  • Tim Clark is a Senior Geopolitical Analyst for The Ledger Asia, specializing in the intersection of international relations and market stability. With over a decade of experience, Tim provides deep-dive insights into Indo-Pacific security, global supply chain resilience, and the strategic competition between major powers.

    Previously a consultant for leading international think tanks, he focuses on how shifting diplomatic landscapes and maritime disputes impact corporate governance and trade policy. At The Ledger Asia, Tim’s analysis equips readers with the clarity needed to navigate the complex regulatory and economic environments of Southeast Asia and beyond.

Latest News