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Micron Q3 Gross Margin Hits 39% on Strong Pricing: More Upside Ahead?
ZACKS· 2025-07-08 23:31
Key Takeaways Micron Q3 gross margin rose to 39%, beating guidance by 250 basis points on stronger pricing and volumes. DRAM and NAND demand, tight supply, and low inventories drove sequential margin expansion. MU guides Q4 gross margin to 42%, citing favorable pricing and high-value memory product demand.Micron Technology (MU) posted a strong rebound in profitability in the third quarter of fiscal 2025. The company reported a gross margin of 39%. This represents an increase of 110 basis points from the p ...