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Micron Beats Q2 Expectations, Projects Strong Future Growth

3/30/2026

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Summary

Story summary

Micron Technology reported fiscal second-quarter 2026 results that beat expectations, with revenue of $23.9 billion and earnings of $12.20 per share.
The stock has risen 277% over the past year, but a retreat occurred as investors questioned whether growth had peaked.
Guidance for the current quarter projects revenue of $33.5 billion and earnings of $19.15 per share, while analysts expect $57.76 per share by the end of fiscal 2026.

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Story summary

Micron Technology reported fiscal second-quarter 2026 results that beat expectations, with revenue of $23.9 billion and earnings of $12.20 per share.
The stock has risen 277% over the past year, but a retreat occurred as investors questioned whether growth had peaked.
Guidance for the current quarter projects revenue of $33.5 billion and earnings of $19.15 per share, while analysts expect $57.76 per share by the end of fiscal 2026.