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Micron's consumer memory unit posts 88% operating margin in fiscal Q4

Micron reported fiscal Q4 2026 revenue of $54.23 billion, nearly five times higher than a year earlier, with a record 87% gross margin company-wide. Its Mobile and Client consumer unit posted the highest operating margin among its four segments at 88%, even though it was the only unit to ship less memory than the prior quarter. Micron attributed the unit's 14% quarter-over-quarter revenue growth to higher pricing offsetting lower bit shipments.