炸裂！刚刚，暴涨！重大利好突袭！

Core Viewpoint - Micron Technology's latest earnings report indicates significant positive signals for the company, driven by surging demand for AI data centers and tightening supply of memory chips, leading to results that exceeded market expectations [1][6]. Financial Performance - Micron reported Q1 FY2026 adjusted revenue of $13.64 billion, a 57% year-over-year increase, surpassing analyst expectations of $12.95 billion [6]. - The adjusted net income was $5.482 billion, up 58% year-over-year, with adjusted earnings per share (EPS) of $4.78, exceeding the forecast of $3.95 [6]. - The company expects Q2 revenue to be around $18.7 billion, significantly higher than the analyst consensus of $14.38 billion, with a projected non-GAAP gross margin of approximately 68%, well above the expected 55% [7]. Business Segments - Micron's cloud storage segment achieved sales of $5.28 billion, doubling year-over-year; the data center segment generated $2.38 billion, a 4% increase; mobile and client segments contributed $4.255 billion, while automotive and embedded segments brought in $1.72 billion [7]. Market Sentiment - Analysts from Wall Street described Micron's earnings guidance as "explosive," with EPS guidance for the next quarter exceeding market consensus by about 75% [10]. - Barclays noted that the average selling prices (ASP) for DRAM and NAND are expected to rise by 30% and 40% respectively in the next quarter due to supply constraints [10]. Management Outlook - Micron's CEO, Sanjay Mehrotra, expressed optimism about the company's performance, stating that all business segments achieved record revenues and significant profit margin expansion, with expectations of continued strength throughout FY2026 [8]. - The company is increasing its capital expenditure for FY2026 from $18 billion to approximately $20 billion to enhance supply capabilities [9]. Market Trends - Barclays projected that the potential market size for High Bandwidth Memory (HBM) will grow at a compound annual growth rate (CAGR) of about 40%, reaching $100 billion by 2028 [11]. - The supply tightness is expected to negatively impact consumer markets like PCs, as production capacity is prioritized for higher-margin AI and data center sectors [11].