Sanjay Mehrotra, Chairman, President, and CEO of Micron Technology, highlighted the strong demand environment and tight industry supply as key drivers behind the record results. He stated, "Micron set new records across revenue, gross margin, EPS, and free cash flow in fiscal Q2, driven by a strong demand environment, tight industry supply, and our strong execution. We expect significant records again in fiscal Q3. In the AI era, memory has become a strategic asset for our customers, and we are investing in our global manufacturing footprint to support their growing demand. Reflecting confidence in the sustained strength of our business, our board has approved a 30% increase in our quarterly dividend."
The company also announced that it would host a conference call on March 18, 2026, at 2:30 p.m. Mountain Time to discuss its second-quarter financial results and provide forward-looking guidance for the third quarter. Investors can access the live webcast at investors.micron.com. The board declared a quarterly dividend of $0.15 per share, payable on April 15, 2026, to shareholders of record as of March 30, 2026. This announcement reflects Micron's commitment to returning value to its shareholders while continuing to invest in growth opportunities in the memory and storage solutions market.
