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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

Micron Fiscal Q4 Revenue More Than Quadruples as Management Expects a Record 2027 Amid Intense AI Demand

Micron management expects a record fiscal 2027 amid skyrocketing demand for AI infrastructure. (Credit: Micron/Canva background)

Micron Technology's revenue more than quadrupled in fiscal Q4 as surging AI demand drove a sharp acceleration across its data-centre and cloud businesses, sending earnings higher and giving management confidence that fiscal 2027 will be a record year.

The memory-chip maker reported $54.23 billion in quarterly revenue, which is 4.79 times the revenue from a year earlier, while adjusted earnings per share jumped more than tenfold to $33.42.

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