Micron reports $41.5B in quarterly revenue, crushing Wall Street estimates by nearly $6B

Micron reports $41.5B in quarterly revenue, crushing Wall Street estimates by nearly $6B

Micron reported Q3 revenue of $41.5B, beating Wall Street by $6B (345% YoY) on AI memory demand and HBM4 acceleration with 81% margins. Q4 guidance of $50B signals foundation model infrastructure remains supply-constrained—key for enterprise memory procurement.