Micron’s fiscal Q4 2026 results, released September 30, drove recent trader positioning, with revenue of $54.23 billion and adjusted EPS of $33.42 both exceeding consensus by wide margins amid 343% DRAM growth tied to AI demand. The company guided Q1 revenue to $61.5 billion and raised fiscal 2027 capital spending, citing $32 billion in long-term supply commitments and HBM agreements with Nvidia. These factors supported the stock’s close near $1,065 on September 30 after trading in the $1,053–$1,082 range late in the week. With probabilities tightly clustered between $1,040–$1,080, markets reflect uncertainty over post-earnings volatility, broader semiconductor sector moves, and whether AI-driven momentum sustains through the final trading sessions.