Micron's Earnings Beat Estimates Again as AI Demand Remains High. Its Stock Is Plunging Anyway.

Source: International Business Times

A man walks past the logo of Micron at the company building, in Taoyuan on September 17, 2026. Getty Images Micron Technology reported record fiscal fourth-quarter revenue of $54. 23 billion, up 379% from a year earlier, as demand for memory used in artificial intelligence infrastructure drove sharp growth across its data center businesses.