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Micron's SSD Growth Drives NAND Revenues: Will it Sustain Momentum? [Yahoo! Finance]
Last micron technology, inc. earnings: 3/25 04:01 pm
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US:NASDAQ Investor Relations: investors.micron.com
This growth momentum is largely driven by rising data center demand, where artificial intelligence (AI) workloads are pushing the need for faster and higher-capacity storage solutions. In the second quarter of fiscal 2026, Micron Technology's NAND revenues soared 169% year over year and 82% sequentially to $5 billion. MU noted that bit shipments increased in the low-single-digit percentage range sequentially, while the average selling prices jumped in the high-70s percentage range in the second quarter. The robust growth was primarily driven by strong demand for its data center SSD portfolio. Its revenues from the data center NAND portfolio more than doubled sequentially in the second quarter. SSDs are becoming essential in AI infrastructure. Applications such as large language models and real-time data processing require quick access to massive datasets. This is increasing demand for high-performance and high-capacity SSDs, an area where Micron Technology has been expanding its p
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