Micron Tops Earnings Estimates as Revenue Hits $41.5 Billion and Raises Q4 Guidance

businesscompany-earningsaiai-infrastructureai-compute-chips 24 posts · 13 accounts

Micron Technology reported third-quarter earnings that significantly beat Wall Street forecasts, with revenue reaching $41.5 billion and adjusted EPS of $25.11 compared to consensus estimates of $35.59 billion and $20.60, respectively. The chipmaker’s adjusted gross margin hit 84.9%, outpacing expectations of 81.9%, as robust AI infrastructure spending drove demand across memory segments. Micron shares rose nearly 10% in after-hours trading following the results release.

For the fourth quarter, Micron guided for revenue between $49 billion and $51 billion and adjusted EPS of approximately $31, both well above analyst projections. The company also projected an adjusted gross margin of around 86%. Core data center revenue climbed to $11.52 billion and cloud memory revenue reached $13.77 billion, while management emphasized that tight supply conditions across high-bandwidth memory (HBM) and DRAM are expected to persist beyond calendar 2027 as AI data center buildouts continue to accelerate across the semiconductor sector.

From the sources (24 posts)

@milkroadai

Today is Micron's earnings day and CEO Sanjay Mehrotra has been saying the same thing for months, memory is not a commodity anymore (Save this). But rather a strategic asset and the world does not have enough of it. His core argument star

@tradfi

*MICRON 3Q ADJ GROSS MARGIN 84.9%, EST. 81.9% *MICRON TECHNOLOGY Q3 REVENUE USD 41,456 MILLION VS. IBES ESTIMATE USD 35,590 MILLION *MICRON TECHNOLOGY Q3 ADJUSTED EPS USD 25.11 VS. IBES ESTIMATE USD 20.6 $MU

@zerohedge

*MICRON SEES 4Q ADJ. REV. $49B TO $51B, EST. $43.24B *MICRON 3Q ADJ GROSS MARGIN 84.9%, EST. 81.9%

@tradfi

*MICRON SEES 4Q ADJ. REV. $49B TO $51B, EST. $43.24B $MU

@tradfi

*MICRON SEES 4Q ADJ GROSS MARGIN ABOUT 86%, EST. 83.6% $MU

@marketnews_feed

*MICRON 3Q ADJ GROSS MARGIN 84.9%, EST. 81.9% *MICRON TECHNOLOGY Q3 REVENUE USD 41,456 MILLION VS. IBES ESTIMATE USD 35,590 MILLION *MICRON TECHNOLOGY Q3 ADJUSTED EPS USD 25.11 VS. IBES ESTIMATE USD 20.6 $MU ...

@wallstengine

$MU SEES 4Q ADJ. REV. $49B TO $51B, EST. $43.24B MICRON 3Q ADJ GROSS MARGIN 84.9%, EST. 81.9% MICRON 3Q ADJ GROSS MARGIN 84.9%, EST. 81.9% MICRON SEES 4Q ADJ. REV. $49B TO $51B, EST. $43.24B *MICRON 3Q ADJ GROSS MARGIN 84.9%, EST. 81.9%

@zerohedge

*MICRON 3Q ADJ. REV. $41.46B, EST. $35.69B *MICRON 3Q ADJ EPS $25.11, EST. $20.49

@stockmktnewz

Micron $MU just said they expect to bring in $50 Billion of revenue next quarter with a ~86% gross margin

@wallstengine

$MU Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $41.46B (Est. $35.5B) 🟢 🔹 Adj. EPS: $25.11 (Est. $20.4) 🟢 🔹 Adj. Gross Margin: 84.9% (Est. 81.8%) 🟢 Q4 Guide: 🔹 Revenue: $50.0B ± $1.0B (Est. $43.4B) 🟢 🔹 Adj. EPS: $31.00 ± $1.00 (Est. $24.3) 🟢 🔹 G

@tradfi

*MICRON 3Q MOBILE AND CLIENT REV. $11.52B, EST. $9.73B $MU

@tradfi

*MICRON 3Q CORE DATA CENTER REV. $11.52B, EST. $6.8B $MU

@tradfi

*MICRON 3Q CLOUD MEMORY REV. $13.77B, EST. $10.69B $MU

@stocksavvyshay

$MU ABSOLUTELY CRUSHED THEIR EARNINGS • Revenue $41.5B vs Est. $35.5B • EPS $25.11 vs Est. $20.39 • Net Income $33.7B vs Est. $23.9B • Gross Margin 85% vs Est. 82% Q4 Guide • Revenue $50B vs Est. $43B • EPS $31.00 vs Est. $25.07 • Gross M

@stockmktnewz

MICRON $MU JUST REPORTED EARNINGS EPS of $25.11 beating expectations of $20.20🟢 Revenue of $41.5B beating expectations of $35B🟢

@tradfi

*MICRON TECHNOLOGY: EXPECT TIGHT CONDITIONS TO PERSIST BEYOND CALENDAR 2027 DUE TO AI-DRIVEN DEMAND ACROSS ALL SEGMENTS $MU

@kalshi

BREAKING: Micron beat Q2 earnings • EPS: $28.86 vs $20.20 est • Revenue: $41.5B vs $35B est $MU +4% after-hours

@zephyr_z9

Where are the memory FUD bois???

@firstsquawk

MICRON TECHNOLOGY Q3 RESULTS CRUSH ESTIMATES; Q4 GUIDANCE SMASHES WALL STREET FORECASTS • REVENUE: $41.46B VS $35.59B EST. • ADJ. EPS: $25.11 VS $20.60 EST. • NET INCOME: $28.24B • ADJ. NET INCOME: $28.86B • Q4 REVENUE GUIDANCE: $50.00B VS

@unusual_whales

BREAKING: Micron, $MU, earnings: - EPS: $25.11, est: $20 - Revenue: $41 billion, est: $35 billion

@gurgavin

MICRON JUST REPORTED EARNINGS *MICRON Q3 REV $41.45 BILLION VS. ESTIMATE USD $35.5 BILLION (BEAT ✅ ) *MICRON Q3 ADJUSTED EPS $25.11 VS. EST $20.6 (BEAT ✅ ) *MICRON SEES 4Q ADJ. REV. $50B, EST. $43.24B (BEAT ✅ ) *MICRON SEES 4Q ADJ EPS

@wallstengine

MICRON $MU: EXPECT TIGHT CONDITIONS TO PERSIST BEYOND CALENDAR 2027 DUE TO AI-DRIVEN DEMAND ACROSS ALL SEGMENTS

@thestalwart

*MICRON SEES 4Q ADJ. REV. $49B TO $51B, EST. $43.24B

@thestalwart

$MU surging nearly 10% after hours

Market impact

58 medium

MU SOXX SMH NVDA

Why it matters: Micron's large revenue/margin beat and guidance raise, driven by AI-infrastructure memory demand with HBM/DRAM tightness expected past 2027, resets the memory sub-sector's pricing-power thesis and reads through to the broader AI-compute semis complex.

At publish time: Headline shows a wide beat ($41.5B vs $35.6B est) plus a Q4 guide well above consensus ($49-51B vs $43.2B) and a raised gross-margin outlook — a clear, tradable surprise on its face, reinforced by the "tight supply beyond 2027" commentary.

model confidence: high

What happened next

1–2 weeks later

played out moved up

MU jumped ~15% on the beat/Q4 guide to $50B and kept climbing into mid-July; AI-memory semis thesis reinforced by Nvidia read-through.

based on follow-up coverage

Follow-up coverage

No follow-up coverage matched this story.

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