Micron's profit swung from a loss to US$85.0bn
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What the chart shows
Micron, the largest American memory maker, lost US$5.8bn in the financial year to August 2023. It made US$0.8bn the following year, US$8.5bn the year after that, and US$85.0bn in the year to September 2026.
Those profits rest on memory staying scarce. At a Shanghai conference at the weekend, ChangXin Memory Technologies said it will launch a server memory product before the end of 2026, using a design that fits more memory cells onto each chip. SanDisk and Micron shares fell on Monday.
The red columns are the lean years, the most recent in FY2023. Whether supply actually loosens depends on how many working chips CXMT can produce, not on what it showed on stage.
The story behind it
A Chinese memory maker showed off a denser chip, and SanDisk fell 5.97% Read the edition →Micron on the calendar
Next results: date to come. It goes on the calendar as soon as Micron announces it. Economic calendar →The numbers
Micron's net income by financial year (ending late August or early September), FY2009 to FY2026, in US$bn: a US$5.8bn loss in FY2023, then US$85.0bn.
| Net income, US$bn | Dot | |
|---|---|---|
| FY2009 | −1.9 | |
| FY2010 | +1.9 | |
| FY2011 | +0.2 | |
| FY2012 | −1.0 | |
| FY2013 | +1.2 | |
| FY2014 | +3.0 | |
| FY2015 | +2.9 | |
| FY2016 | −0.3 | |
| FY2017 | +5.1 | |
| FY2018 | +14.1 | |
| FY2019 | +6.3 | |
| FY2020 | +2.7 | |
| FY2021 | +5.9 | |
| FY2022 | +8.7 | |
| FY2023 | −5.8 | |
| FY2024 | +0.8 | |
| FY2025 | +8.5 | |
| FY2026 | +85.0 |
18 rows: scroll the table for the rest.
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.
