Micron Profit Jumps 15-Fold on HBM Shortage, Gross Margin Hits 84.9%

businesscompany-earningsaiai-infrastructureai-compute-chips 108 posts · 47 accounts

Micron Technology reported a roughly 15-fold jump in quarterly profit and topped Wall Street estimates on revenue and earnings, while forecasting fourth-quarter sales of $49 billion to $51 billion. The largest US maker of computer memory chips posted fiscal third-quarter revenue of $41.46 billion and adjusted earnings per share of $25.11, and said adjusted gross margin rose to 84.9% from 39% a year earlier.

High-bandwidth memory, or HBM, is stacked memory used in AI servers to keep GPUs fed with data. Micron's 2026 HBM output is already sold out, and the company expects demand for DRAM and NAND, the main memory and storage chip categories, to keep outstripping supply beyond calendar 2027. It has signed 16 multi-year strategic customer agreements backed by about $22 billion of deposits and related commitments, and the shares rose about 14% in extended trading.

From the sources (25 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

@negligible_cap

*MICRON SEES 4Q ADJ. REV. $49B TO $51B, EST. $43.24B *MICRON SEES 4Q ADJ GROSS MARGIN ABOUT 86%, EST. 83.6% 86% gross margin guide. Insane - $MU

Market impact

78 big

MU SOXX SMH NVDA WDC QQQ

Why it matters: Micron's massive revenue/EPS beat, 84.9% gross margin, and guidance smash driven by a sold-out HBM/memory shortage persisting beyond 2027 resets pricing power for the entire memory sub-sector and validates the AI-capex/HBM supply-chain thesis, lifting semis and Nvidia read-through.

At publish time: Headline facts alone flag it: 15-fold profit jump, 84.9% gross margin (from 39% YoY), Q3 revenue $41.46B vs ~$35.6B est, Q4 guide $49-51B vs $43.2B est, 2026 HBM sold out and tight conditions beyond 2027 — a clear beat-and-raise, not a milestone optic.

model confidence: high

What happened next

1–2 weeks later

played out moved up

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based on follow-up coverage

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