Micron Q1 Revenue Jumps 56.7% to $13.64B as Memory Prices Surge Over 50%
MUMU•
Micron reported Q1 FY2026 revenue up 56.7% year-over-year to $13.64 billion and net income soared 175.4% to $5.24 billion, with operating cash flow of $8.41 billion and a 38.4% net profit margin. The company faces unprecedented memory shortages driving average DRAM price increases of over 50% this quarter.
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