Micron stock dips after earnings despite answer to analyst's key question - Yahoo Finance
Micron Technology stock dipped following its Q4 earnings report despite strong demand for memory chips driven by the AI sector. The company's CFO indicated that while margins are expected to rise, fiscal 2026 manufacturing costs will impact short-term profitability.
Why it matters
Micron is a bellwether for the semiconductor industry, and its margin guidance provides insight into the sustainability of the current AI-driven hardware boom.
Micron stock rises after blowout earnings and the answer to this analyst's key question "Can gross margins stay up at the rates that they are?" Michael B. Kelley and Daniel Howley Thu, October 1, 2026 at 4:05 PM EDT 2 min read MU -1.36% 005930.KS 0.00% SKHY -0.21% Trade MU on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Going into Micron's ( MU ) Q4 earnings on Wednesday, analysts weren't too concerned about demand for the company's memory and storage.
After all, data center builders are buying up chips so fast that Micron and rivals SK Hynix ( SKHY ) and Samsung ( 005930.KS ) can't keep up.
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