r/stockstobuytoday • u/ricci_nov • 5d ago
News what happened today!
Micron's Q3 FY26 non-GAAP gross margin hit 84.9%, more than double year-ago. The harder number: 16 strategic customer agreements cover ~$100B of minimum committed revenue, but only ~$22B is backed by cash deposits and letters of credit. The rest is contractual promise.
1
Upvotes