Industry Newshbmai infrastructuremicroncapital expenditure
Micron Posts Strong Q1 Revenue, Raises Guidance
10.0
Micron reported fiscal first-quarter 2026 results with revenue of $13.64 billion and adjusted EPS of $4.78, beating analyst estimates. The company issued upbeat Q2 guidance — adjusted EPS $8.42 (±$0.20) and revenue $18.70 billion (±$400 million) — and raised 2026 capex to $20 billion amid expectations that HBM supply will remain constrained beyond 2026. Micron is prioritizing production for AI data centers.
Key Points
- 1Reported $13.64B revenue and $4.78 adjusted EPS for fiscal Q1 2026, surpassing consensus estimates
- 2Cited tight HBM supply and oligopolistic market with SK Hynix and Samsung driving pricing and margins
- 3Increased 2026 capex to $20B and prioritizes AI data-center production, reshaping supply allocation strategies
Scoring Rationale
Official strong earnings and major guidance raise with industry-wide implications; highly credible despite being memory-market specific.
Sources
Public references used for this report.
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