Micron Technology is poised to achieve record performance once again, indicating a continued upswing in the global memory market. This positive trend is expected to signal favorable outcomes for Samsung Electronics and SK Hynix, which are set to release their third-quarter results soon.
According to industry sources, Micron will officially announce its financial results for the fourth quarter of fiscal year 2026 (June to August) on October 1 (Korean time). Amid an ongoing semiconductor supercycle, the company’s quarterly revenue is projected to reach a record $50 billion (approximately 67 trillion won). Earnings per share (EPS) are also expected to significantly exceed market estimates.
Micron's strong performance is attributed to a surge in demand for high-bandwidth memory (HBM) and high-capacity DRAM for AI data centers, driven by increased global investment in artificial intelligence. Observers are keen to see if this will dispel concerns about a potential peak-out in AI demand and validate the long-term boom in the memory sector.
This optimism also boosts expectations for Samsung and SK Hynix. As the first among the three major memory companies to report results, Micron's indicators are expected to confirm the robustness of global demand, maintaining high expectations for the domestic firms' third-quarter performance.
According to financial information provider FnGuide, the combined operating profit consensus for Samsung and SK Hynix in the third quarter is estimated to reach around 190 trillion won. The intensifying technological competition for entry into the next-generation HBM4 market is contributing to rising prices for general DRAM and NAND flash, enhancing the profitability of both companies.
For Samsung, the prevailing view is that its operating profit will exceed 110 trillion won, bolstered by increased supply of large-capacity SSDs and DRAM for AI data centers.
SK Hynix is also expected to achieve over 70 trillion won in operating profit, thanks to a steady increase in supply of HBM3E and HBM4 to major global tech companies.
An industry insider stated, "Micron's plans for expanding production capacity and future outlook for the memory supply chain will serve as key indicators for the overall vitality of the AI semiconductor market. As the global AI investment boom continues, domestic semiconductor companies are likely to see sustained improvements in their performance."
* This article has been translated by AI.
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