Micron net income up 'only' 11X, tempering AI memory boom expectations
firstadopter · x · 2026-10-01
firstadopter highlights Micron's latest earnings, noting net income grew 'only' 11X year-over-year. Compared with sky-high expectations for AI-driven memory demand, the figure suggests the storage chipmaker may not be capturing as much of the AI boom as anticipated.
Related event: Micron's FY26 Q4 Revenue Soars 379% to $54.2B, Guidance Beats Again(9 posts)→
More from Venture
- Cerebras silence over SemiAnalysis claims questioned as insiders dump $CBRS stock — firstadopter · 2026-10-01
- growth.engineer launches as an open-source catalog of GTM workflows you can copy into any agent — TAbrodi · 2026-10-01
- Pedro Domingos: token-based pricing is doomed because tokens will soon be obsolete — pmddomingos · 2026-10-01
- Meme mocks VCs who passed on early AI lab investments the day they IPO — beffjezos · 2026-10-01
- OpenAI Foundation pledges at least $25B, starting with $125M for open life-sciences data — typewriters · 2026-10-01
- Flow Engineering raises at $750M valuation to bring AI agents to hardware design — TechCrunch AI · 2026-10-01