U.S. memory chipmaker Micron Technology announced revenue of approximately $61.5 billion for the September-November 2026 quarter. The company said it expects demand in the memory market to remain strong amid increased AI investment.
Micron Technology said on 30 September that revenue for the September-November 2026 quarter is expected to reach approximately $61.5 billion, or 4.5 times the year-earlier level. The announcement indicated that exceptional demand in the memory market is expected to continue, with spillover effects from AI investment cited as the backdrop.
The company’s shares temporarily rose 2% from the previous day’s closing price in after-hours trading, but later fluctuated sharply. Details of the specific market forecasts for revenue and the quarter are not included here because they are limited to the full article.
In addition to the stock market’s reaction, attention is expected to remain focused on supply and demand conditions across the memory market and developments in the AI-related supply chain. The wording avoids encouraging investment decisions and conveys the developments as facts.