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Micron Sales Forecast Shatters Estimates on AI Demand

Micron Sales Forecast Shatters Estimates on AI Demand
Bloomberg Technology Wednesday 24 June 2026, 20:27 UTC 1 min read
Key Points

Jun 24th, 2026 Micron Sales Forecast Shatters Estimates on AI Demand Micron Technology Inc. delivered a sales forecast that topped Wall Street estimates after AI-fueled shortages of components sent prices soaring. Revenue is projected to be $50 billion for the fiscal fourth quarter. Earnings come in at $25.31.

Jun 24th, 2026 Micron Sales Forecast Shatters Estimates on AI Demand Micron Technology Inc. delivered a sales forecast that topped Wall Street estimates after AI-fueled shortages of components sent prices soaring. Revenue is projected to be $50 billion for the fiscal fourth quarter. Earnings come in at $25.31. Matt Bryson of Wedbush Securities reacts. [Image text:] AFTERHOURS WEDBUSH Micron 1,146.90 98.98 Matt Bryson 9.37% WEDBUSH SECURITIES EQUITYRESEARCH MANAGING DIRECTOR BREAKING MICRONSEES4QADJGROSS NEWS MARGINABOUT86%,EST.83.6%
AI Demand Jun 24th (ORG) AI Demand Micron Technology Inc. (ORG) AI (ORG) Matt Bryson (PERSON) Wedbush Securities (ORG)
Originally published by Bloomberg Technology Read original →

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