Wall St Engine(@wallstengine):Micron CFO: “We anticipate Q1 to be the floor for gross margins in FY27.” “We expect higher gross margins beyond Q1 for the remainder of FY27, with a more moderate rate of price increases.” $MU also expects revenue to increase sequentially in every quarter of FY27.

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Wall St Engine@wallstengine

2026.09.30 21:01

Micron CFO: “We anticipate Q1 to be the floor for gross margins in FY27.” “We expect higher gross margins beyond Q1 for the remainder of FY27, with a more moderate rate of price increases.” $MU also expects revenue to increase sequentially in every quarter of FY27.

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