Taiwan President Lai Ching-te attended the inauguration ceremony of Micron's Advanced Packaging and Test Fab 2 in Taichung, stating that Taiwan will support industrial development and advanced technology research and development.
Micron suffered consecutive sharp declines from July 28 to 29, with a single-day drop close to 10%. Financial media widely hyped the collapse of the memory sector, while Nasdaq 100 futures initiated aggressive de-leveraging starting June 2 to flush out retail investor chips.
Micron released its Q3 financial report for fiscal year 2026, with single-quarter revenue reaching $41.46 billion, a year-on-year surge of 346%, a gross margin rising to 85%, and disclosing 16 take-or-pay strategic customer agreements totaling over $22 billion.
Micron announced its fiscal third-quarter results on June 24, 2026: revenue of $41.46 billion, up about 74% quarter-on-quarter and 346% year-on-year; non-GAAP gross margin rose from 39.0% in the same period a year earlier to 84.9%.
Micron announced its third-quarter results on June 24, 2026, with a GAAP net profit of $28.24 billion and earnings per share of $24.67 (non-GAAP: $25.11), and raised its capital expenditure guidance for this fiscal year to approximately $27 billion.
Micron's earnings report on June 24, 2026 disclosed that it has signed 16 long-term strategic customer agreements, with customer commitments of approximately $22 billion, of which about $18 billion is prepaid cash, mostly on five-year, take-or-pay terms.