StocksMedium•2 October 2026•
1 min read
Micron Stock Rises Following Record $54.2 Billion Revenue
Key Facts
1Micron reported record revenue of $54.2 billion for its fiscal fourth quarter.
2The company expects to spend approximately $25 billion on new plants and equipment over the next two quarters.
Micron Technology reported record revenue of $54.2 billion for its fiscal fourth quarter. The Motley Fool reported that the company's stock rose following the announcement, breaking a recent trend of post-earnings declines as investors reacted positively to the record figures and aggressive growth plans.
The company expects to spend approximately $25 billion on new plants and equipment over the next two quarters to expand capacity. In equity markets, MU closed at $1078.84 on October 2, 2026, having traded between a session high of $1107.865 and a low of $1072.7802.