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Micron Technology forecasts Q1 FY2027 revenue of approximately $61.5 billion

The Motley Fool +1 ·

MU Micron Technology Inc
$989.04 -3.88%
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  1. 1Micron recorded Q4 revenue of $54.2 billion.
  2. 2Micron plans to invest more than $250 billion in US manufacturing by 2035.
  3. 3Micron management expects memory and storage supply and demand conditions to be much tighter in FY2027 and FY2028 than in 2026.

So what's the key point?

Micron Technology recorded $54.2 billion in revenue and plans to invest large amounts of money into US manufacturing. Memory and storage are expected to become scarce in the future.

Source The Motley Fool +1 · View original ↗

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