# The chipmaker forecast third-quarter revenue in the range of $33.5 ​billion, plus or minus $750 million.

*semiconductor, genai · news · 2026-03-18 · Reuters*

## Key points

- The chipmaker expects third-quarter revenue between $32.75 billion and $34.25 billion.
- This revenue forecast is nearly $9 billion above analysts’ average estimate of $24.29 billion.
- The company reported actual revenue of $23.86 billion for the quarter, beating $20.07 billion estimates.
- The chipmaker's board approved a 30% increase to its quarterly dividend.

Customers are committing to ​long-term data center investments as technology ⁠companies race toward artificial general ​intelligence. The resulting growth in AI data ​center capacity is fueling a sharp rise in demand for advanced memory and storage. Sign up here. The chipmaker forecast third-quarter revenue in the range of $33.5 ​billion, plus ​or ⁠minus $750 million, compared with analysts' average estimate of $24.29 billion, ​according to data compiled by ​LSEG. The ⁠company reported revenue of $23.86 billion for the quarter, beating an estimate of $20.07 ⁠billion. Its ​board also approved a 30% ​increase to its quarterly dividend. Reporting by Juby Babu ​in Mexico City; Editing by Shailesh Kuber

**Countries:** Mexico

[Read the full story on Reuters](https://www.reuters.com/world/china/micron-beats-quarterly-revenue-estimates-2026-03-18/)

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