Mmastodon TechnologySemiconductors first seen 7 h ago, last 6 h ago, peak #6

Micron Posts Massive Earnings on Memory Supply Crunch

Original: Micron's Q4 earnings highlight a brutal supply crunch, with net income surging to $37.7B and DRAM revenue jumping 343%.

Micron reported fourth-quarter results showing a sharp surge driven by the global memory chip shortage, with net income reported at $37.7 billion and DRAM revenue up 343%. The company guided first-quarter revenue to $61.5 billion, well above Wall Street expectations. As the only US-based maker of high-bandwidth memory, Micron is seen as a key beneficiary of the AI-driven demand squeeze.

Why now: AI-driven demand for memory chips has created a supply crunch, making Micron's outsized earnings and guidance major market news.

Micron TechnologyDRAMhigh-bandwidth memoryWall Street

Open on mastodon →

Rank over time, top of the chart is #1. 2 snapshots from 7 h ago to 6 h ago.

Evidence

• Micron's Q4 earnings highlight a brutal supply crunch, with net income surging to $37.7B and DRAM revenue jumping 343%. They just projected $61.5B for Q1, easily clearing Wall Street targets. As the only US-based maker of high-bandwidth memory, they're practically printing… · zubiqo

API: https://socialmediatrends-api.osmike.com/v1/trends/535511