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VistaShares: Micron Gross margin guidance nears 81%, a significant increase from 37% a year ago
Svmuu News: VistaShares posted on X that Micron, which is set to report its earnings on June 24, has achieved triple-digit revenue growth for several consecutive quarters.VistaShares noted that the key indicator for determining whether this storage cycle is sustainable or has peaked is gross margin; Micron’s latest guidance is close to 81%, compared to 37% a year ago. VistaShares pointed out that revenue reflects delivered results; in a supply-constrained market, it is a backward-looking figure locked in by contracts signed several quarters ago. Margins reflect pricing power, and pricing power is the first thing to change when supply begins to catch up with demand. The memory market always crashes on margins, not on revenue.
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