Micron Sees Strong Q2 Results and Guidance Amid AI-Driven HBM Demand
Micron Technology (MU) reported a significant revenue increase in fiscal Q2 2026, with $23.9 billion in sales and a record gross margin of 75%. The company also provided strong guidance for the next quarter, projecting $33.5 billion in revenue at an 81% margin due to HBM supply constraints.
Tickers: $MU
Topics: AI hardware HBM supply chain memory market semiconductors