CXMT revenue surges over 7-fold, benefiting from Micron memory price increases
MU Micron Technology Inc
$724.61 -1.16%
View chart & analysis → - 1CXMT recorded a 613% year-on-year revenue growth rate in the third quarter.
- 2CXMT achieved approximately 118.7 billion yuan in third-quarter revenue.
- 3Micron recorded a gross margin of 86.8% in the fourth quarter of fiscal year 2026.
So what's the key point?
CXMT's revenue increased significantly by 613% compared to last year. Micron's profit margin is also high, which is good news for the company and investors.
Source The Motley Fool +1 · View original ↗
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