Micron Guided to an 86% Gross Margin. No Memory Maker Has Ever Held a Number Like That for Long.

Key Points Micron's fiscal fourth-quarter guidance calls for a gross margin of about 86%. The company's margin record before this boom, 61% in fiscal 2018, fell by more than half within four quarters. Management says the fiscal fourth-quarter outlook reflects a meaningful moderation in the rate of price increases. 10 stocks we like better than Micron Technology › When Micron Technology (NASDAQ:MU) issued its fiscal fourth-quarter outlook in late June, one number stood out even in a report full of them: a gross margin of about 86%, on revenue of $50 billion, plus or minus $1 billion.