Mobile and Client (MCBU)
Revenue rose to $36.60 billion in fiscal 2026 from $11.86 billion; fiscal Q4 revenue was $13.11 billion.
The numbers
What it is
The business unit for memory and storage in smartphones and PCs. It is the most price-sensitive part of the business to consumer device demand.↗ source
Why it matters to the stock. MCBU shows how much phone and PC makers can absorb higher memory prices. Weak device demand would limit its contribution.
News
Micron declares $0.15 quarterly dividend payable July 21, 2026
Micron's board declared a quarterly cash dividend of $0.15 per share alongside the fiscal Q3 results.
Capital
Micron repurchases $650 million of stock in first half of fiscal 2026
Micron's fiscal Q2 release shows $650 million of repurchases under its repurchase program for the six months ended February 26, 2026.
Capital