Jun. 25 at 2:02 AM
#MICRONTECHNOLOGY #MU
🚀 Micron Technology delivers a blockbuster quarter and raises the bar with strong Q4 guidance!
✅ Adjusted EPS:
$25.11 vs
$20.49 expected
✅ Revenue:
$41.46B vs
$35.69B expected
✅ Q4 EPS Guidance:
$30–
$32 vs
$25.31 expected
✅ Q4 Revenue Guidance:
$49B–
$51B vs
$43.24B expected
✅ Adjusted Gross Margin: 84.9% vs 81.9% expected
✅ Q4 Gross Margin Outlook: ~86% vs 83.6% expected
✅ Cloud Memory Revenue:
$13.77B vs
$10.69B expected
✅ Core Data Center Revenue:
$11.52B vs
$6.8B expected
✅ Mobile & Client Revenue:
$11.52B vs
$9.73B expected
✅ Automotive & Embedded Revenue:
$4.63B vs
$3.51B expected
✅ Quarterly dividend maintained at
$0.15/share
✅ Management highlights rapidly growing customer demand, driven by AI and data center momentum.
📈 Another strong signal that the AI memory boom continues to accelerate.
$MICR $NIFTY50.NSE