Micron reported record revenue, gross margin, and free cash flow in Q3, with strong guidance for Q4. Management emphasized robust gross margins (84.9% in Q3, 86% guidance for Q4), significant cash and investments ($30.2 billion), and plans to eventually return 100% of excess cash to shareholders.
Micron projects fiscal Q4 revenue of $50B ± $1B as it outlines $100B in SCA RPO (NASDAQ:MU)
By Press Room
