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Micron’s revenue quadrupled as AI memory demand pushes gross margins above 81 percent

Micron's revenue quadrupled as surging AI memory demand pushed gross margins above 81 percent, underscoring the HBM boom.

Summary

Micron’s revenue quadrupled as surging AI memory demand pushed gross margins above 81 percent, underscoring the HBM boom.

Why it matters

Memory is now the bottleneck and the margin engine of the AI build-out; Micron’s numbers show how concentrated the upside is.

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The primary source has the full paper, announcement, or reporting:

https://thenextweb.com/news/micron-q3-fy2026-earnings-revenue-hbm-ai-memory


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