Micron forecasts quarterly revenue above estimates

Wed, September 30, 2026 at 8:06 PM UTC

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Sept 30 (Reuters) - Micron Technology forecast quarterly revenue above estimates on Wednesday, signaling it expects the AI-driven memory chip boom to continue powering its growth.

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The company expects first-quarter revenue of $61.5 billion, plus or minus $1.5 billion, compared with analysts' average estimate of $57.02 billion, according to data compiled by LSEG.

(Reporting by Anhata Rooprai in Bengaluru; Editing by Maju Samuel)

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Source: “AOL Money”