Micron reports 526% jump in Q4 NAND revenue to $14.1 billion
Micron Technology announced that its fiscal fourth‑quarter NAND revenue rose 526% year over year to $14.1 billion, driven by AI data‑center demand. Data‑center SSD revenue was about $10 billion, more than ten times the prior‑year level and roughly two‑thirds of total NAND sales. The company said NAND prices increased about 30% sequentially during the quarter. Micron’s shares closed roughly 3% higher after the results.
Why it matters
The revenue surge lifted Micron’s top line and helped the stock gain about 3% immediately after earnings, showing market approval of strong AI‑driven demand. The 30% sequential rise in NAND prices may pressure margins unless offset by higher volumes.
Key facts
- 1NAND revenue increased 526% year over year to $14.1 billion in fiscal Q4. finance.yahoo.com
- 2Data‑center SSD revenue approached $10 billion, more than tenfold the year‑earlier level and over two‑thirds of total NAND revenue. finance.yahoo.com
- 3NAND prices rose about 30% sequentially last quarter. finance.yahoo.com
- 4Micron shares finished Thursday about 3% higher after erasing early post‑earnings losses. finance.yahoo.com
Summary written by AlphAI from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.