The jump in the cloud services division, with growth of 99% and revenue of 5,284 million dollars (4,503 million euros), laid the foundation for Micron Technology to achieve historic results in the first fiscal quarter, which runs from September to November. According to the trade press, the American semiconductor company achieved a net profit of 5,240 million dollars (4,465 million euros), an increase of 180% compared to the same period last year.
According to the media, the company also recorded record sales of 13,643 million US dollars (11,626 million euros), an increase of 56.7% compared to the previous year. Sanjay Mehrotra, President and CEO of Micron Technology, emphasized: “In the first quarter of the fiscal year, Micron reported record revenue and significant margin expansion, both at the corporate level and in each of our business units,” the source said.
The media report states that all areas of the company experienced notable growth during this period. The data center sector grew by 3.8% and reached 2,379 million dollars (2,027 million euros). The mobile devices segment recorded an increase of 63% and sales in the region of 4,255 million dollars (3,626 million euros). The automotive division, in turn, increased its sales by 48% and reached sales of 1,720 million dollars (1,466 million euros). The media emphasized that these exceptional results are mainly due to the continued increasing demand for chips for the cloud, automotive and mobility sectors, which is giving a boost to all of the manufacturer’s business areas.
Estimates for the second fiscal quarter suggest the company’s positive trend could continue. According to the publication, Micron forecasts sales between 18.3 and 19.1 billion dollars (15,595 and 16,276 million euros). In terms of gross margin, a range of between 66% and 68% is expected, while diluted earnings per share could be between $7.99 and $8.39. The company emphasized in its presentation that the forecasts demonstrate not only a further increase in revenue, but also the possibility of achieving new records in key financial indicators.
In the words of Mehrotra: “Our second quarter outlook reflects significant records in revenue, gross margin, earnings per share (EPS) and free cash flow and we expect our business performance to continue to improve through fiscal 2026,” says the trade press. Micron’s strategy, detailed in the media, is based on the diversification of its product portfolio and the ability to adapt to changes in highly dynamic technology markets. This diversification allowed the company to capitalize on technological developments and benefit from the recovery in demand for memory and storage solutions.
The media report highlighted the central role that the cloud currently plays in the company’s growth matrix, as well as the consolidation in the data center and mobility segments. The period analyzed reflected that sustained demand and rapid response to new market demands were critical to the expansion of each business unit. According to media reports, analysts point out that strength on all fronts allowed Micron Technology to significantly exceed previous profitability and billing records.
The report indicates that the company expects to consolidate the performance of all its businesses in the following fiscal quarters, with the aim of maintaining sustainable growth and exceeding previous achievements. Supported by technological development and robust demand for chips in strategic sectors such as cloud, automotive and mobility, the American manufacturer is confident of being able to achieve new financial targets in the medium term, the source said. Micron expects these factors to continue to be critical factors in achieving historic marks, both in terms of revenue and profitability.
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