Micron Technology, Inc. Q2 2026 Earnings Recap

Micron Technology, Inc. delivered exceptional fiscal Q2 2026 results with revenue nearly tripling year-over-year and record highs across all memory segments, notably driven by AI demand and strategic operational execution.

Key Takeaways

• Revenue guidance for fiscal Q3 exceeds previous full-year totals, indicating sustained demand and growth.
• The Board approved a 30% increase in the quarterly dividend, reflecting confidence in financial performance.
• Micron's latest 1γ DRAM and G9 NAND technologies are on track to become the majority of their bit mix by mid-calendar 2026.
• Strong customer demand for memory driven by AI is expected to push DRAM and NAND data center bits to over 50% of the industry TAM in 2026.
• Micron ranks number one in quality among its customers, further highlighting its operational excellence and market leadership.