Micron Technology (US semiconductor company)Měiguāng Kējì美光科技second quarterèr jìdù二季度revenueyíngshōu营收record-breakingchuàng jìlù创纪录，reaching / amounting todá达$23.86 billionliǎngbǎi sānshíbā diǎn liù yì měiyuán238.6亿美元。
March 18, 2026 at 8:00 PM
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BusinessMicron Posts Record Revenue of $23.86 Billion in Q2 as AI Memory Demand Surges
Micron Technology reported second-quarter fiscal 2026 results on March 18, 2026, with revenue reaching a record $23.86 billion, well above analyst forecasts. A surge in AI-driven memory demand was the core driver of the strong performance.
On March 18, 2026, American semiconductor company Micron Technology released its fiscal year 2026 second quarter financial report.
The company's quarterly revenue reached $23.86 billion, exceeding analyst expectations by approximately 19 percent, setting a new all-time high record.
Earnings per share were $12.20, far surpassing Wall Street analysts' forecast of $8.60.
The company's net profit reached $13.8 billion, representing nearly sevenfold growth compared to the same period last year's $1.58 billion.
Cloud computing and storage business revenue grew year-over-year by more than 160 percent, reaching $7.75 billion and becoming the largest growth driver.
Mobile and client segment chip business revenue also surged from $2.24 billion to $7.71 billion.
CEO Sanjay Mehrotra stated that the performance surge stemmed from AI-driven memory demand growth, structural supply tightening, and the company's strong execution capabilities.
Analysts expect continued expansion of AI infrastructure to maintain strong memory chip demand over the next several quarters at elevated levels.
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