Micron revenue surges 256% as memory stocks lag 2026 highs
AI Summary- Chamath Palihapitiya questioned whether memory has become a durable franchise or remains cyclical.
- Micron reported fiscal 2026 revenue of $133.2 billion, up 256% year over year.
- New factories are scheduled from 2027 through 2029, while CXMT's DRAM share rose from 4% to 10%.