Micron's USD 54 billion quarter shows the AI memory squeeze is tightening, not easing
Micron reported record quarterly revenue of USD 54.2 billion on 30 September 2026, up 379 percent in a year, at a gross margin of 86.8 percent. It expects memory to be even scarcer in 2027 and 2028, which keeps pressure on the price of servers, phones and laptops.