Recently, Micron announced its fourth quarter and full year earnings for the 2018 fiscal year. As of August 30, 2018, Micron's fourth-quarter revenue was $8.440 billion, up 37.5% year-on-year, gross margin was 61.0%, up 10.3% year-on-year, and net profit was $4.325 billion, up 82.6% year-on-year.

Micron’s financial income for the entire fiscal year 2018 was $30.391 billion, up 49.5% year-on-year, with a gross margin of 58.9%, up 17.4% year-on-year, and a net profit of $14.135 billion, up 178% year-on-year.

NAND flash revenue accounted for approximately 25% of Micron's total revenue, up 21%, and gross margin of 48%. DRAM products contributed more than 70% of Micron's total revenue, which is the main source of revenue, and increased by 47% year-on-year, the gross profit margin is as high as 71%, and its DRAM price is still in a stable or slightly rising trend.

Micron CEO Sanjay Mehrotra said that under the support of record performance, Micron has become the second largest semiconductor company in the US, second only to intel.