Business

Micron Technology reports fiscal Q3 2026 earnings on June 24 with its entire year's HBM production sold out under multi-year contracts and gross margins guided near 81%, a combination that makes this one of the most consequential prints in the company's history. Analysts forecast $34.5 billion in revenue and $19.72 EPS, but the real debate is whether Micron's locked-in contract structure signals a durable AI infrastructure supercycle or peak demand priced into a stock already up 70% in 2026.