Micron's Data Center Unit Reports Record Gross Margin of 87% in Q3 FY2026
Micron Technology reported a record gross margin of 87% for its data center business during the fiscal third quarter, driven by soaring memory prices due to AI demand. The segment generated $11.5 billion in revenue and now accounts for nearly 28% of total company sales.
Topics: AI_demand data_center gross_margin memory_chips