Micron’s fiscal fourth-quarter results, released September 30, delivered revenue of $54.23 billion and adjusted EPS of $33.42, both well above consensus, fueled by explosive AI-driven demand for high-bandwidth memory. Management guided fiscal first-quarter revenue to $61.5 billion and EPS near $38.15 while raising fiscal 2027 capital spending and noting $150 billion in remaining performance obligations under strategic customer agreements. These factors have supported a sharp rally in MU shares, which traded near $1,000 amid broader semiconductor strength, though intraday pressure on October 12 reflected some profit-taking. Traders are monitoring continued tightness in memory supply through 2028, upcoming economic data releases, and any shifts in Treasury yields or risk appetite that could influence near-term equity momentum for the week.