May rise over the next year. Open for the simple explanation.
- What to watch next
- Whether fiscal Q4 results and the first fiscal 2027 outlook confirm HBM demand, pricing and margins remain elevated. Then update the item listed below.
- What would prove it wrong
- DRAM and NAND contract prices roll over into sequential QoQ declines and Micron guides revenue and gross margin down sequentially, signaling the shortage is ending and peak earnings are behind it.
Reviewed Sep 2, 2026. The label and the score come from the same checks every page uses.