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#MicronEarningsBeatExpectationsSharesRise Micron just reported the highest numbers in its history and almost no one is talking about it.
Q3 FY2026: $31.2B in revenue, +88% vs last year. Adjusted EPS of $4.21. All above market expectations.
The most important data point: 62% of its revenue already comes from data centers. HBM memory —that chip that makes AI servers run at real speed— is the reason for all of this.
For Q4 they guide $33B. Shares rose +4% in after-hours.
2 years ago Micron was "the RAM memory company for your PC." Today it is critical AI infrastructure. The pivot was silent but brutal.