Micron's yearly sales hit US$133.2bn
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What the chart shows
Memory makers were sold for a month on one worry: that the companies building AI data centres would run out of money to pay for chips. On Wednesday CoreWeave's chief executive, Michael Intrator, said it will not borrow in the unsecured debt market at current yields, and will fund its build-out from customer prepayments, its contracts and its own cash flow. Micron, SanDisk, Seagate and SK Hynix all rose.
This chart is Micron's revenue by financial year since FY2016. It reached US$133.2bn in the year to early September, up from US$37.4bn, after dropping to US$15.5bn in FY2023.
Morgan Stanley's Joseph Moore says chip supply, not building space, is the bottleneck through 2027. Goldman Sachs' James Schneider warns that financing costs and power limits cap any rally this year.
The story behind it
Memory chip stocks rallied after CoreWeave promised to stay out of the bond market Read the edition →Micron on the calendar
Next results: date to come. It goes on the calendar as soon as Micron announces it. Economic calendar →The numbers
Micron's revenue in each financial year to late August or early September, FY2016 to FY2026, in US$bn. FY2025's was US$37.4bn.
| Micron revenue by financial year, US$bn | |
|---|---|
| 1 Sep 2016 | US$12.4bn |
| 31 Aug 2017 | US$20.3bn |
| 30 Aug 2018 | US$30.4bn |
| 29 Aug 2019 | US$23.4bn |
| 3 Sep 2020 | US$21.4bn |
| 2 Sep 2021 | US$27.7bn |
| 1 Sep 2022 | US$30.8bn |
| 31 Aug 2023 | US$15.5bn |
| 29 Aug 2024 | US$25.1bn |
| 28 Aug 2025 | US$37.4bn |
| 3 Sep 2026 | US$133.2bn |
How we make these charts: one chart a day from a story in the edition, drawn from the figures the story names and checked against the sources named on the chart before it is published. General information only, not financial advice.
