DELAYED UPDATE — Micron Q3 revenue and adjusted FCF top $41.46B and $18.3B
Micron Technology reported fiscal Q3 revenue of $41.46B and adjusted FCF of $18.3B. The company cited cloud and data-center demand supporting tight DRAM/NAND supply, with capacity waiting until 2027.
Micron Technology, Inc. 3B, with cloud and data-center demand keeping DRAM and NAND supply tight while capacity is not expected until 2027-28. The update also cited Taiwan union strike threats, mixed analyst moves and a court win shaping the near-term outlook.