Cryptocurrency25 Jun 2026SEO 801 min read

Analysis: Micron delivers blowout earnings, surges 16% and deals crypto bulls a blow

Micron Technology surged after blockbuster earnings and strong guidance, lifting AI memory stocks. Micron (MU) beat Wall Street expectations and forecast stron…

Micron Technology surged after blockbuster earnings and strong guidance, lifting AI memory stocks. Micron (MU) beat Wall Street expectations and forecast stronger than expected Q4 revenue, sending AI memory stocks including SanDisk (SNDK) and SK Hynix higher. Third-quarter revenue came in at $41.5 billion versus estimates of $35.7 billion, while earnings per share (EPS) reached $25.11 compared with expectations of $20.49. CEO Sanjay Mehrotra said there is "no line of sight" to AI memory supply…

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