Micron Reports Blowout Q4, Sees Memory Squeeze Intensifying
Micron Technology (MU) reported its strongest quarterly performance with sales up 379% year over year and gross margin at 86.8%. The company warned that the current memory squeeze is expected to intensify next year and persist through at least 2028.
Micron Technology, Inc. 8%. The company also warned that the current memory squeeze is set to intensify next year and continue through at least 2028.