Wall Street praised Micron's stellar Q1 earnings. Morgan Stanley said the results were among the biggest surprises in the history of the chip sector.

Explore Micron Q1 2026 earnings as AI demand drives record revenue, massive margin expansion, and a bullish fiscal outlook.

Anita Ramaswamy, columnist at The Information, joins Marketplace’s Meghan McCarty Carino for this week’s Tech Bytes: Week in Review.

Micron Technology has already reported fiscal first-quarter 2026 results, posting record sales of US$13.64 billion and net income of US$5.24 billion, with earnings per share from continuing operations rising sharply year on year.

Micron reported first-quarter revenue of $13.64 billion, topping analyst estimates of $12.83 billion, according to Benzinga Pro. The chip company posted adjusted earnings of $4.78 per share for the quarter, exceeding analyst estimates of $3.95 per share.

Micron Technology (NASDAQ:MU) reported its fiscal first-quarter 2026 results yesterday after the market closed and delivered a record-setting performance, while also trouncing Wall Street’s estimates.

The memory-chip maker posted a quarterly profit of $5.24 billion, compared with $1.87 billion a year earlier.

U.S. stocks are rising following an encouraging report on inflation that could help the Federal Reserve keep cutting interest rates next year.

Record results, surging AI memory demand, and fresh analyst upgrades are resetting expectations for this chipmaker, today, Dec. 18, 2025.

Micron Technology forecast second-quarter adjusted profit at nearly double what Wall Street analysts expected on Wednesday, as prices soar for memory chips amid tight supplies and booming demand from artificial intelligence data centers.

Micron Technology is touting an impressive earnings report and forecasts major profits from the artificial intelligence boom ahead of the company beginning construction on a megafab campus in the Town of Clay.