Micron's Q1 Revenues Soar 57% with 167% EPS Jump, Buys $1.8B Taiwan Fab
MUMU•
Micron's Q1 revenue rose 57% YoY to $13.6B with DRAM up 69%, gross margin +17.3pp, operating margin +19.5pp, and EPS +167%, and it guided Q2 for revenue growth of 132%, 68% gross margin and 440% EPS growth. It agreed to acquire a Taiwan fab for $1.8B, adding H2 2027 capacity.
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