VistaShares: Micron's Gross Margin Guidance Nears 81%, Up Significantly from 37% Year-over-Year

Odaily reports, VistaShares posted on X platform that Micron will release its earnings on June 24, with revenue achieving triple-digit growth for multiple consecutive quarters. VistaShares pointed out that the key indicator to determine whether this memory cycle is sustainable or has peaked is the gross margin, with Micron's latest guidance approaching 81%, compared to 37% one year ago.

VistaShares noted that revenue reflects delivered results, serving as a retrospective figure in a supply-constrained market, locked in by contracts signed several quarters ago. Profit margins reflect pricing power, which begins to change first when supply starts to catch up with demand. Memory always collapses on margins, not on revenue.