Micron Forecasts $61.5 Billion in First-Quarter Fiscal 2027 Revenue
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Micron Technology forecast $61.5 billion in first-quarter fiscal 2027 revenue after reporting record fourth-quarter revenue of $54.23 billion, with the company expecting memory supply to stay tight through 2028. The forecast has a margin of $1.5 billion above or below the estimate. Micron posted $133.19 billion in fiscal 2026 revenue. Micron said long-term supply agreements cover more than 35% of its revenue through 2030. Chairman and CEO Sanjay Mehrotra said, “Micron delivered record fiscal 2026 results, and we expect an even stronger fiscal 2027.” Industry comments point to differing conditions across memory markets.
Source: TokenPost
