[Micron Technology’s stock price fell 1% during the pre-market trading session. The higher-than-expected quarterly results and guidance for the next quarter still failed to satisfy the market] On October 1, Micron Technology’s stock price fell 1% during the pre-market trading session to US$1,053 per share, after the company released quarterly results. After the market close on Wednesday Eastern Time, Micron Technology announced its fourth quarter fiscal 2026 and full-year financial results for fiscal 2026. Micron benefited from strong demand for AI data centers and rising storage prices. Its fourth-quarter revenue and gross profit margin were both higher than market expectations, and its revenue guidance for the next fiscal quarter was also higher than analysts' expectations. Micron Technology’s fourth-quarter revenue was US$54.23 billion, higher than analysts’ expectations of US$51.49 billion; its revenue guidance for the next fiscal quarter was approximately US$61.5 billion, higher than analysts’ expectations of US$56.8 billion. The core data center business revenue was US$18.0 billion, a month-on-month increase of approximately 56%, a year-on-year increase of approximately 1,042%, and a gross profit margin of 90%. It is the business unit with the highest revenue, accounting for approximately one-third of total revenue.