New Delhi, Oct. 1 -- Micron Technology expects its strong growth momentum to continue into fiscal 2027, expecting a first-quarter revenue of around USD 61.5 billion, after revenue from its Core Data Center Business Unit jumped more than 11-fold year-on-year to USD 18 billion in the fourth quarter.

The first-quarter revenue projection is about 13 per cent above the USD 54.23 billion recorded in the fourth quarter. Micron has also forecast a non-Generally Accepted Accounting Principles (non-GAAP) gross margin of approximately 86.25 per cent and non-GAAP diluted earnings per share of USD 38.15, plus or minus USD 1.

The Core Data Center Business Unit reported revenue of USD 18.002 billion in the fourth quarter, compared with USD 11.524 bill...