Micron’s revenue quadrupled as AI memory demand pushes gross margins above 81 percent

The Next Web - June 24, 2026

Micron’s revenue quadrupled as AI memory demand pushes gross margins above 81 percent

Micron Technology posted fiscal third-quarter revenue of nearly $42bn, quadrupling from just over $9bn a year earlier and beating Wall Street estimates by a wide margin. The results, reported on Tuesday, confirm that the company riding the AI memory boom hard…

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