Sanjay Mehrotra

“Micron delivered record fiscal 2026 results, and we expect an even stronger fiscal 2027. AI is becoming Super Intelligence (SI), and memory enhances this intelligence and the competitiveness of our customers' platforms.”

Resolves when Micron reports full fiscal 2027 results (fiscal year ending early September 2027); fiscal 2026 benchmarks are revenue of $133.19 billion and non-GAAP EPS of $75.52.

“Industry demand has strengthened since our last earnings call, and we expect memory and storage supply-demand conditions to be much tighter in fiscal 2027 and 2028 than they were in 2026.”

Made alongside record quarterly revenue of $54.2 billion and fiscal Q1 2027 guidance of $61.5 billion; Micron says over 75% of 2027 output is already committed and HBM largely sold out.