Micron Reports Record Results on AI Demand as Bassett Furniture Posts Quarterly Earnings

Key Facts

1Bassett Furniture Industries reported its results of operations for its fiscal third quarter ended August 29, 2026.

2Micron Technology reported record fiscal fourth-quarter and full-year 2026 results driven by AI demand.

Micron Technology reported record fiscal fourth-quarter and full-year 2026 results, driven by strong demand for artificial intelligence technologies according to GlobeNewswire. Separately, Bassett Furniture Industries reported its results of operations for the fiscal third quarter ended August 29, 2026, showing a 3.4% increase in consolidated revenue supported by gains in both retail and wholesale segments.

MU was trading at $1071.77 on September 30, 2026, with a session high of $1083.5 reached so far. Meanwhile, BSET closed at $18.05 on September 29, 2026, having traded between a low of $17.56 and a high of $18.43 during that session. Bassett Chairman Rob Spilman noted that written retail sales grew by 4.4%, maintaining positive momentum from the previous quarter.