Micron Reports Triple-Digit Revenue Growth and Margin Expansion

Micron reports triple-digit revenue and earnings growth in fiscal 2026 as memory demand from AI infrastructure tightens, with consensus Q2 revenue of $18.7–$18.9 billion and non-GAAP EPS near $8.50. Margins rose, with corporate gross margin about 56.8% in Q1 and guidance near 68% for Q2, while the company plans roughly $200 billion in manufacturing and R&D investment supported by CHIPS incentives.