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(PR) Micron Reports Results for the Second Quarter of Fiscal 2026

What happened

Micron reported fiscal Q2 2026 revenue of $23.86B, a sequential increase of 75% and a nearly 200% YoY jump, with GAAP net income of $13.79B. This performance is driven by strong pricing and demand in the memory market, particularly for AI-related products. Bullish: The results signal sustained high demand and pricing power for memory components, supporting a positive outlook for spot and contract prices.

Impact and signal

Medium impactImpact score: 60/100

Affected components and suppliers

DRAMNAND Flash
earnings-beatrevenue-surgememory

Source and time

Source: TechPowerUp · 3/18/2026 · View original source

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