Micron Surpasses Record Margins of Nvidia and Meta! The Stock Rises by 16% in After-Hours Trading!
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Historic earnings surge: Net earnings rose to $28.24 billion in Q3 2026 Margin king in the tech sector: With a gross margin of 84.9%, the memory manufacturer leaves Nvidia and Meta behind Long-term success: 16 unbreakable long-term contracts secure future revenues of around $100 billion The numbers for the third quarter of the fiscal year 2026 have led to a re-evaluation of Micron Technology (MU) on Wall Street. The U.S. company is finally shedding its image as a cyclical commodity supplier. "Micron's record-breaking financial results...
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