Micron Technology posted a blockbuster second‑quarter for fiscal 2026, closing on Feb. 26. Revenue surged to $23.86 billion, eclipsing the prior quarter’s $13.64 billion and more than double the $8.05 billion a year earlier. The jump reflects brisk demand for DRAM and NAND as AI workloads expand across data centers and edge devices.

GAAP earnings hit $13.79 billion, or $12.07 per diluted share, while non‑GAAP profit rose to $14.02 billion ($12.20 per share). Operating cash flow climbed to $11.90 billion, up from $8.41 billion a quarter ago. Capital spending reached $5.0 billion, and the board lifted the quarterly dividend by 30%, setting it at $0.15 per share.

CEO Sanjay Mehrotra credited the results to a “