Micron Technology, revenue triples... the revival of memory semiconductors in the AI era

TechubNews · 2026-03-18T22:03:43+00:00

Micron Technology's sales in the second quarter of the latest fiscal year reached $23.86 billion, a threefold increase year-over-year, surpassing market expectations. The company expects continued growth in the third quarter, highlighting the importance of memory chips in the era of artificial intelligence, and demonstrating the core position and future potential of the memory chip market.

TechubNews

2026-03-18 22:03:43

Abstract generation in progress

Micron Technology, an American memory chip company, recently achieved a new record by tripling its sales year-over-year in the second quarter of its latest fiscal year. The sales reached $23.86 billion (approximately 355 trillion Korean won), significantly surpassing the $20.07 billion forecast by market research firm LSEG.

Micron reported that this performance was 1.7 times higher than the previous quarter, indicating a surge in demand for memory chips and increased company competitiveness. Adjusted earnings per share (EPS) were $12.20, well above Wall Street’s expected $9.31.

Micron CEO Sanjay Mehrotra stated at the earnings release that the positive trend is expected to continue into the third quarter. He emphasized that memory chips are becoming strategic assets in the AI era, and the company is expanding its global manufacturing capacity to meet the growing customer demand.

This performance boost indicates that, with digital transformation and AI technology development, the memory chip market is playing an increasingly central role. Market experts predict that if this trend continues, not only Micron but the entire related industry could benefit positively.

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