Micron Identifies Robotics as Next Growth Opportunity in AI Expansion
Micron Technology (NASDAQ: MU) has identified robotics—specifically humanoid robots—as a new growth opportunity, following strong performance driven by demand for high-bandwidth memory used in artificial intelligence. During its fiscal fourth-quarter earnings call, CEO Sanjay Mehrotra highlighted that autonomous vehicles and humanoid robots require substantial memory and storage similar to data centers, potentially driving significant future demand. Micron reported record results in Q4 2026 with revenue of $54.23 billion, up 379% year-over-year, and net income of $37.7 billion—a 1,077% increase from the prior year. The company is increasing investments to prepare for physical AI growth as several customers are already sampling its next-generation products. The firm's strong performance across all business units has positioned it well for continued expansion in fiscal 2027, with guidance projecting revenue between $60 billion and $63 billion for the first quarter.
Tickers: $MU
Topics: Artificial Intelligence DRAM Memory Technology NAND Robotics