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Micron Technology, Inc.

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SiLLC Tech Nexus | Market Update: Wall Street Is Testing the AI Trade

(msc, October 23 2026) Wall Street has clearly entered a more demanding phase. The Nasdaq lost 2.6% on Thursday, with AI infrastructure, semiconductors and optical networking stocks taking another serious hit. Rising financing costs, concerns about massive AI capital expenditure and renewed geopolitical tensions in the Middle East have created an uncomfortable mix for technology investors.
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Micron Technology, Inc. Reports Record Fiscal Fourth-Quarter and Full-Year 2026 Results

AI-driven demand and strong operational execution position Micron for a record fiscal 2027

Fiscal Q4 2026 Highlights

Revenue of $54.23 billion versus $41.46 billion for the prior quarter and $11.32 billion for the same period last year
GAAP net income of $37.70 billion, or $32.87 per diluted share
Non-GAAP net income of $38.40 billion, or $33.42 per diluted share
Operating cash flow of $43.97 billion versus $25.39 billion for the prior quarter and $5.73 billion for the same period last year | $MU

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