Micron adjusted gross margin will miss the 87.5 to 90% band

Micron will report an adjusted gross margin outside the 87.5% to 90% range for fiscal Q1 2027, departing from the companys guidance of approximately 86.25% and from the 87.0% adjusted gross margin reported in fiscal Q4 2026. That result will force a rethinking of Microns revenue guidance of $61.5…