Micron's reported gross profit margins of 85% surpassed Nvidia's previously impressive margins of around 75%.
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Great News for Micron Stock Investors! (Live Earnings Review Replay)
Jun 26, 2026
Micron reported exceptional Q3 earnings, significantly exceeding revenue and profit margin forecasts. The company saw a quadrupling of year-over-year revenue and strong operating cash flow, driven by demand in the AI era and longer-term customer agreements. Despite the impressive results, the creator believes the current high profit margins are unsustainable but will likely persist for several quarters.
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Micron's Q3 earnings were a home run, with revenue, cash flow, and profit margins significantly beating management forecasts, leading to a 10% stock price increase.
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MUbuy opened Jun 26, 2026
-25.03%