Micron Technology Inc. (MU) Q3 2026 (USD): Adj. EPS 25.11 (exp. 20.57), Revenue 41.456bln (exp. 35.56bln)
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Israel and Lebanon agree to extend the ceasefire, Al Hadath reports, citing sources
Israel and Lebanon agree to extend the ceasefire, Al Hadath reports
Micron Technology Inc. (MU) Q3 2026 (USD): Adj. EPS 25.11 (exp. 20.57), Revenue 41.456bln (exp. 35.56bln)
Fed says 32 large banks are well positioned to weather a severe recession and continue lending under the latest stress test
AI chip startup SambaNova is in talks to raise between USD 800mln and USD 1bln, a deal that would value the company at c. USD 10bln, according to The Information citing sources
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- Adj. gross margin 84.9% (exp. 81.9%).
Outlook
- Q4 revenue 50.0bln (exp. 42.915bln).
- Q4 adj. EPS 31.0 (exp. 25.5).
- Project operating expenses to increase by approximately USD 1bln in FY 2027.
- Expect tight conditions to persist beyond calendar 2027 due to AI-driven demand across all segments.
- Currently do not have line of sight as to when memory supply will be able to catch up with increasing demand
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