Micron's HBM4 memory chip is ramping at twice the speed of HBM3E, with full 2026 allocation and fiscal Q3 results that crushed estimates by wide margins.

Micron posted $41bn in Q3 revenue, quadrupling year-over-year, as HBM4 chips for Nvidia and Google drove gross margins past 81 percent for the first time.

Micron's quarterly earnings report follows a 700% surge in the memory maker's stock price over the past year.

Micron Technology projects fiscal 2026 revenue above $50B as AI-driven HBM chip shortages persist. All production is sold out through end of 2026.

Micron's HBM4 memory chip is ramping at twice the speed of HBM3E, with full 2026 allocation and fiscal Q3 results that crushed estimates by wide margins.

Soaring memory chip demand helps Micron quadruple its revenue and crush expectations again - SiliconANGLE