Micron $MU just posted blowout earnings as AI demand sends memory demand through the roof.
Revenue hit a record $54.23 billion last quarter, up from $11.32 billion a year earlier.
Net income reached $37.7 billion, compared with just $3.2 billion a year ago.
And Micron expects things to get even bigger.
The company guided for roughly $61.5 billion in revenue next quarter, well above Wall Street estimates of about $57 billion.
Micron says customer financial commitments under long-term supply agreements have climbed to $32 billion, up from $22 billion in June.
Its contracted future revenue has now grown to roughly $150 billion, up from around $100 billion last quarter.
Micron has also nearly secured orders for all of its planned 2027 high-bandwidth memory supply.
Why?
AI.
High-bandwidth memory is a critical component inside AI accelerators and data centers, and Micron is a major supplier to Nvidia $NVDA.
CEO Sanjay Mehrotra says the company expects fiscal 2027 to be even stronger and is increasing investment in manufacturing to meet demand.
The AI infrastructure boom is no longer just about GPUs.
Memory is becoming one of the biggest bottlenecks in the entire AI buildout.
I do not often support altcoins but ethereum:0x514910771af9ca656af840dff83e8264ecf986ca is a solid project with real world adoption that you will want to keep an eye on
I stake my entire reputation on this coming true.
$ETH will outperform the top ten cryptos, the mag7, and the big3 memory stocks, over the next 6 months.
The internet is better when everyday services respect the people using them.
@ProtonMail inspires the broader privacy movement with encrypted web tools for everyone to use.
It is humbling to consider that if we harness just 1 millionth of the Sun’s power for AI, that will be much more than a million times the intelligence of all of humanity
@sircryptotips@blockchainchick@pmissionless How far a part did you spread out the 4 EBO2 treatments? I’ve done a few of those plus NAD+ IV’s, pretty exciting stuff! Glad you’re doing well 🤙
It only took a few years to go from “governments are going to ban bitcoin!” to “bitcoin is an essential part of a ceasefire between nations engaged in kinetic combat.”
Bitcoin is quite literally empowering peace.
Ultimately the world will recognize what bitcoiners have known for a long time.
The world needs a digital, decentralized, non-sovereign, neutral asset to conduct global trade between countries that don’t trust each other.
Just a matter of time.
You gotta have diamond hands to win big in crypto
To many people selling way to early
I watched a man turn 50k into 40 million in 2021
He held for 10+ months without selling a dollar
40 MILLION FUCKING DOLLARS
People in crypto right now celebrating making $22.76 on a live new pair as if that's gonna do anything to move the needle in your life
Learn to HODL = Learn to WIN
We all want some billion dollar runners in 2026 & the only way to get there is if you think BIGGER for yourself & start to believe in something
Let's turn it up a little in 2026
Never seen this much depression/despair on crypto X
This is exactly why average and even many smart people don’t succeed here. Because they think too much.
My tip to anyone struggling right now because of bitcoin or altcoins not going up:
Sometimes it’s better to turn off your brain and do nothing. The richest Bitcoin investors are people that either went into a coma or lost their keys
The lesson?
Do less
Think less
Be dumb
That’s the key to making it 🤝
If you were not here for Covid and FTX...but you're still standing after this.
Congrats. You are now an OG. You earned your wings.
Now you are about to get paid like an OG. Stand tall my fellow retard. You made it.