longbridgelongbridge
  • Platform Features
    Features
    Investment ProductsPrivate Wealth ManagementTrading ToolsMarket Data ServicesAnalysis ToolsNews ServicesFor Developers
    Account Types
    For IndividualsFor Institutions
  • Café
longbridge
© 2026 Longbridge|Terms of ServicePrivacy Policy

ATGL

ATGL
5.3002.39%( -0.130 )

LongbridgeAI

Micron Says Humanoid Robots Could Be Next Big Memory Driver, Analyst Sees 'Millions Of Machines' With Server-Level Chips

benzinga_article
Oct 1, 2026 at 03:25 AM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Micron Technology reported strong Q4 results, with revenue of $54.23 billion and adjusted earnings of $33.42 per share, beating estimates. CEO Sanjay Mehrotra highlighted that humanoid robots could become a major driver of memory demand by the end of the decade, requiring over 200GB of DRAM per unit. Analyst Shay Boloor noted this shift brings server-level memory to millions of machines outside data centers. Micron expects Q1 revenue between $60-$63 billion.

Micron Technology Inc. (NASDAQ:MU) said Wednesday that humanoid robots could become a major driver of memory and storage demand in the years ahead, a shift analyst Shay Boloor believes would be the turning point for physical AI demand.

MU’s Humanoid Memory Forecast

On Micron’s fiscal fourth-quarter earnings call, CEO Sanjay Mehrotra said autonomous vehicles are the first big use case for physical AI, requiring more than 200 gigabytes of memory and multiple terabytes of storage.

That shift, he said, is expected to extend to humanoid robots and other autonomous systems.

“Physical AI can become a significant driver of memory and storage demand by the end of this decade,” Mehrotra said, adding that several physical AI customers are already sampling Micron’s next-generation products.

The chipmaker is increasing investment in its technology roadmap to ensure it is prepared to capitalize on this opportunity.

The company expects first-half capital expenditure of around $25 billion after reporting $10.8 billion in the fiscal fourth quarter.

Read Also: Trump Says Jerome Powell Should 'Resign' or Be 'Sued' Over Fed Renovation Failures — Watchdog Report Finds No 'Criminal' Wrongdoing

Beyond the Data Center

Futurum Equities‘ chief market strategist Boloor, on X said the shift would effectively put “server level memory into millions of machines outside the data center.”

$MU says humanoid robots could need 200GB+ of DRAM and multiple terabytes of storage per unit with several physical AI customers already sampling next gen products.

Micron says physical AI can become a "significant driver of memory and storage demand by the end of this decade"… pic.twitter.com/67K2xJbJWN

— Shay Boloor (@StockSavvyShay) September 30, 2026

Tesla Inc.‘s (NASDAQ:TSLA) Optimus is built around the ambition of a general-purpose humanoid that can handle a wide range of physical tasks, while XPeng Inc. (NYSE:XPEV) has launched an automated production line for its own IRON humanoid robot.

Micron’s Record Quarter

Micron posted fourth-quarter revenue of $54.23 billion, beating analyst estimates of $50.75 billion, according to Benzinga Pro.

The company reported adjusted earnings of $33.42 per share, topping estimates of $31.45.

For the first quarter, Micron expects revenue of $60 billion to $63 billion, above estimates of $56.55 billion, and adjusted earnings of $37.15 to $39.15 per share, versus estimates of $35.07.

Price Action: Shares closed flat on Wednesday at $1065.11, then climbed 0.37% in extended trading to $1069 following the earnings announcement.

Benzinga edge rankings indicate Micron’s stock has a Momentum score in the 99th percentile and a Growth score in the 93rd percentile.

See More: Top Momentum Stocks

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo Courtesy: Sundry Photography on Shutterstock.com

Login to unlock2,503characters for free

Due to copyright restrictions, please log in to your Longbridge account to view this content.
Thank you for your understanding and support of licensed content.

Recommended Readings

  • Oct 1, 2026 at 12:08 PMMicron 'is a Beast': Ross Gerber Declares the Memory Chip Cycle Dead After Monster Earnings, Says 'I've Never Seen Anyth…
  • Oct 1, 2026 at 07:31 PMQUICK SPARK: Micron Stock Erases Post-Earnings Losses On Bullish Analyst Forecasts
  • Oct 1, 2026 at 06:30 PMRoss Gerber Predicted Micron Would be a Trillion Dollar Company: He Was Right and Stock Could be Headed Higher
  • Oct 1, 2026 at 04:51 PMMicron’s $150 Billion Contract Book Is Bigger Than Its Full-Year Revenue
  • Oct 1, 2026 at 04:32 PMMicron CEO Says Record Employee Bonuses Weigh on Margin Outlook

Related Stocks

Micron Tech

Micron Tech

USMU

+3.03%

XPENG-W

XPENG-W

HK09868

Tesla

Tesla

USTSLA