In its fiscal third quarter (ended May 28, 2026), memory specialist Micron Technology (NASDAQ: MU) booked $41.5 billion of revenue -- more than it generated in any full fiscal year in its history. Its best year ever, fiscal 2025, brought in $37.4 billion.
The market spent Thursday deciding the story has further to run. Shares jumped 18.4% to $874.66 after Samsung told investors it expects the memory shortage to worsen in 2027 and continue into 2028. Micron's market value stood near $988 billion at Thursday's close, and the stock would need a climb of more than 40% to revisit its high of $1,255.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
So, where could the stock realistically be in 2030? I think the honest answer has to take memory's history as seriously as its moment.
The scale here is worth spelling out. Revenue of $41.5 billion was up nearly 350% year over year, from $9.3 billion, and up from $23.9 billion just one quarter earlier.
#billion #NVIDIA #fiscal #memory
The market spent Thursday deciding the story has further to run. Shares jumped 18.4% to $874.66 after Samsung told investors it expects the memory shortage to worsen in 2027 and continue into 2028. Micron's market value stood near $988 billion at Thursday's close, and the stock would need a climb of more than 40% to revisit its high of $1,255.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
So, where could the stock realistically be in 2030? I think the honest answer has to take memory's history as seriously as its moment.
The scale here is worth spelling out. Revenue of $41.5 billion was up nearly 350% year over year, from $9.3 billion, and up from $23.9 billion just one quarter earlier.
#billion #NVIDIA #fiscal #memory
24 days ago
