Micron Technology, Inc. – Common
Q3 revenue $41.46 billion +345.8% Y/Y increase, which is simply ridiculous to think about! The margin story is also impressive as non-GAAP gross margin stood at 84.9%.
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Segment-wise – Core data centre 7x to $11.5B, cloud memory hit $13.8B and even automotive and embedded more than quadrupled to $4.6B.
Cash generation has also been phenomenal as operating cash flow stood at $25.4B and adj. FCF at $18.3B
