Micron posts record Q4 revenue, sparking rally in Korean semiconductor stocks
Micron Technology reported fiscal fourth‑quarter 2026 revenue of about $54.2 billion, beating analyst forecasts and projecting $60 billion‑$63 billion for the next quarter. The blowout results lifted U.S. shares and triggered a broad gain in South Korean semiconductor equities, with Samsung Electronics and SK Hynix rising roughly 2.8% and 3.2% respectively. The rally was reinforced by a 262.8% year‑over‑year jump in South Korea’s semiconductor exports to $60.3 billion. Micron’s CEO Sanjay Mehrotra said the company expects even stronger performance in fiscal 2027.
Why it matters
The earnings beat and upbeat guidance suggest higher near‑term demand for memory chips, which could boost revenues for Korean memory makers and equipment suppliers, according to the material. Investors in Micron and the Korean semiconductor sector may see price appreciation as the market digests the stronger outlook.
Key facts
- 1Micron reported fiscal Q4 2026 revenue of $54.23 billion, exceeding the consensus estimate of $51.07 billion. finance.biggo.com
- 2Micron guided next‑quarter revenue to $60 billion‑$63 billion, above market expectations. finance.biggo.com
- 3Samsung Electronics closed at ₩276,000, up ₩7,500 (2.79%) from the prior session. finance.biggo.com
- 4SK Hynix closed at ₩1.833 million, up ₩57,000 (3.21%). finance.biggo.com
- 5South Korea’s semiconductor exports rose 262.8% year‑over‑year to $60.3 billion. finance.biggo.com
- 6Micron’s adjusted earnings per share for Q4 were $33.42, compared with the consensus of $31.82. asiae.co.kr
Open questions
- Material 1 gives Q4 revenue as $54.2 billion while Material 2 lists $54.23 billion.
Summary written by AlphAI from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.