Is Micron a Buy After Its Blowout Earnings Report?
Key takeaways
- Adria Cimino, The Motley Fool Thu, June 25, 2026 at 10:30 PM GMT+7 4 min read MU Micron Technology (NASDAQ: MU) has become one of the key players in the artificial intelligence (AI) boom.
- And this has translated into explosive growth for the company.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Adria Cimino, The Motley Fool Thu, June 25, 2026 at 10:30 PM GMT+7 4 min read MU Micron Technology (NASDAQ: MU) has become one of the key players in the artificial intelligence (AI) boom. When we think of AI, our first thought may be the chips powering AI tasks -- but these chips must be accompanied by something else, and that's memory and storage capabilities. This is where Micron comes in, offering a wide range of solutions.
And this has translated into explosive growth for the company. Earnings have reached record levels, and the latest quarterly report reinforced this trend. Micron's revenue soared in the triple digits to more than $41 billion, and net income jumped in the quadruple digits to $28 billion. Both largely beat analysts' estimates. The company's message was positive too: Demand from AI customers is soaring, and we may be in the early stages of this growth opportunity.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »