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Micron Soars with $23.86 Billion Revenue, Triples DRAM Sales

3/23/2026

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Summary

Story summary

Micron Technology reported fiscal second-quarter results with revenue rising from $8.05 billion to $23.86 billion, surpassing analyst expectations.
DRAM revenue tripled to $18.8 billion.
NAND revenue rose to $5 billion.
Nearly 80% of Micron's revenue came from DRAM.
Micron plans to expand manufacturing capacity and raise its capital expenditure budget to $25 billion.

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Story summary

Micron Technology reported fiscal second-quarter results with revenue rising from $8.05 billion to $23.86 billion, surpassing analyst expectations.
DRAM revenue tripled to $18.8 billion.
NAND revenue rose to $5 billion.
Nearly 80% of Micron's revenue came from DRAM.
Micron plans to expand manufacturing capacity and raise its capital expenditure budget to $25 billion.