https://www.live-feeds.com/feed/micron-s-blowout-earnings-reset-the-ai-memory-tradeContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/micron-s-blowout-earnings-reset-the-ai-memory-tradehttps://www.live-feeds.com/feed/micron-s-blowout-earnings-reset-the-ai-memory-trade#u18158Tue, 30 Jun 2026 02:27:10 +0000Micron reported a record fiscal third quarter with a significant jump in sales and gross margins. The results reversed a recent tech selloff and reignited investor confidence in AI infrastructure. The company also disclosed a substantial backlog of contracts.What's confirmed:Micron reported fiscal third-quarter revenue of $41.46 billion.The company's gross margin reached 84.6% on a GAAP basis.Micron secured nearly $100 billion in contracts.GAAP net income was $28.24 billion, up from $1.89 billion in the prior-year period.Non-GAAP diluted earnings were $25.11 a share.Micron stock rose over