Neutral impactCompany
Micron shares waver in extended trade despite strong Q4 results, Q1 guidance
CNBC-TV18 1 hr ago·30 Sept 2026, 11:56 pm
Micron Technology reported strong fourth-quarter results, with DRAM revenue jumping 343% year-over-year to $39.8 billion. Despite this, its shares dipped in extended trading, likely due to a cautious outlook for the upcoming quarter. The company also announced a significant $15 billion investment in US manufacturing, which could boost long-term supply chain resilience but adds to near-term capital expenditure.
For investors, Micron's performance highlights the cyclical nature of the semiconductor sector. The surge in demand for memory chips is a positive sign for the broader technology industry. However, the stock's reaction suggests investors are focused on future growth and the company's ability to manage costs amid heavy spending. The upcoming quarter's guidance will be critical in determining if the current rally is sustainable.
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