Micron Posts 57% Q1 Revenue Growth and 167% EPS Jump, Raises Capex to $20B
MUMU•
Micron posted fiscal Q1 revenue of $13.6 billion (+57% YoY) and non-GAAP EPS of $4.78 (+167%), and guided Q2 revenue of $18.7 billion (+132%) with EPS of $8.42 (+440%). Management raised 2026 capex to $20 billion to ease AI-driven memory shortages that have fueled Micron’s 200% rally in 2025.
Related News
MRNA
Moderna Underweight with $40 December 2026 Price Target
MRNA•
SVM
Silvercorp Secures 30-Year License Extension, Pays $60M for Tulkubash/Kyzyltash JV
SVM•
SONM
DNA X nets $6.3 million in Q1 from $15 million asset sale, repays debt
SONM•
INTC
Nvidia’s $91B AI Forecast, $80B Buyback Ramps Up Pressure on Intel
INTC•
VSA
VisionSys AI Sets One-for-Ten Reverse ADS Split Effective May 26, 2026
VSA•
Sources
YFFI