Micron Technology reported a record Q3 FY2026 that quadrupled revenue and delivered a blowout sales forecast,...

Micron Technology reported a record Q3 FY2026 that quadrupled revenue and delivered a blowout sales forecast, reigniting the AI trade globally. The company guided for approximately $50 billion in fiscal Q4 revenue (Fool.com), far exceeding analyst expectations. Management stated that AI memory shortages will persist beyond 2027, with customer contracts locking in historically high prices for five years (The Register). Micron also secured $22 billion in memory chip deals (RTE), while other reports indicate $100 billion in long-term agreements (Digitimes). The stock surged in after-hours trading, lifting Nasdaq futures by 2% (Yahoo Finance). Global markets rebounded, with SK Hynix jumping 12% on its own US listing plans (Bloomberg). The earnings release is available on Micron's investor relations page (Micron IR). This confirms sustained AI-driven demand for HBM and DRAM, benefiting the entire memory ecosystem and AI infrastructure players.