Disclosure
Moez Kassam is co-founder and CIO of Anson Funds, which was one of the investors in the June 2025 financing for ProCap Financial, the company now known as Silvia, Inc., according to the deal announcement. Anthony Pompliano is Chairman and CEO of Silvia, Inc. Kassam is quoted below.
The short answer: Micron Technology (Nasdaq: MU) is a Boise, Idaho maker of memory and storage chips, founded in 1978 and led by CEO Sanjay Mehrotra. AI demand for memory pushed its fiscal 2026 revenue to $133.19 billion, up from $37.38 billion the year before. It was worth about $993 billion as of October 23, 2026.
A company profile from The Pomp Podcast, hosted by Anthony Pompliano. Last updated: October 25, 2026.
Key takeaways
Micron Technology is a Boise, Idaho maker of memory and storage chips, including high-bandwidth memory for AI.
Sanjay Mehrotra is CEO.
It was worth about $992.9 billion on October 23, 2026, with fiscal 2026 revenue of $133.19 billion, up from $37.38 billion.
What is Micron?
Micron was founded in 1978 and is headquartered in Boise, Idaho, according to its company profile. Sanjay Mehrotra is CEO. Micron makes DRAM, NAND flash and high-bandwidth memory (HBM), the fast memory packaged alongside AI chips.
How big is Micron?
Micron's market value was about $992.9 billion at the close on October 23, 2026, according to StockAnalysis. That ranked it 14th in the world by that measure, and its market value was up about 346% over the prior year. Its 52-week trading range was $192.59 to $1,255.00 a share, per StockAnalysis.
How did Micron do last quarter?
On September 30, 2026, Micron reported results for its fiscal fourth quarter, which ended September 3:
Revenue of $54.23 billion, up from $11.32 billion a year earlier.
GAAP net income of $37.70 billion.
Full-year fiscal 2026 revenue of $133.19 billion, up from $37.38 billion.
Mehrotra said: "AI is becoming Super Intelligence (SI), and memory enhances this intelligence and the competitiveness of our customers' platforms."
What did The Pomp Podcast say about Micron?
Micron came up on several recent episodes. Quotes below are from the episodes, with timestamps.
On the October 10, 2026 episode, "Bitcoin Is the Toll Collector of the AI Economy | Jordi Visser", Jordi Visser pointed to Micron's run:
"I want everyone to go bring up a chart of Micron."
He said the show had talked about Micron at $100 and $150, and asked whether to sell at $200, adding: "It went to 1,400." One clarification: StockAnalysis lists Micron's 52-week high at $1,255.00 a share, so the $1,400 figure is his.
On October 22, Dan Ives said Micron was trading at about five times earnings. StockAnalysis listed its forward price-to-earnings ratio at 4.97 as of October 23, 2026. On October 24, Jordi said the chip trade still rises and falls with spending cycles:
"NVIDIA is still a cyclical company, Micron is still a cyclical company."
On October 20, Moez Kassam described a short-term trade his team debated:
"So I was talking to my team and they go, you really want to get into the memory trade?"
He said he expected a quick bounce once markets stabilized, rather than a long-term hold.
Every Pomp Podcast episode that discussed Micron
Micron came up in 4 recent episodes of The Pomp Podcast. Each link opens the YouTube video at that moment.
Oct 10, 2026: Bitcoin Is the Toll Collector of the AI Economy | Jordi Visser. Jordi pointed to Micron's rise from $100. Timestamps: 29:01 (Micron's chart).
Oct 22, 2026: 85% Of The AI Boom Is Still Ahead Of Us | Dan Ives. Ives said Micron looked cheap on earnings. Timestamps: 4:25 (five times earnings).
Oct 20, 2026: Bitcoin Is Just Getting Started, Says Billion Dollar Investor | Moez Kassam. Kassam talked about a short-term memory trade. Timestamps: 32:29 (the memory trade).
Oct 24, 2026: Will Bitcoin Survive Quantum Computing? | Jordi Visser. Jordi called Micron and Nvidia cyclical. Timestamps: 49:11 (cyclical).
Watch or listen to the episode
Bitcoin Is the Toll Collector of the AI Economy | Jordi Visser, released October 10, 2026. Micron comes up at 29:01.
Opinions from guests on The Pomp Podcast are their own. Nothing on this page is a recommendation to buy or sell any security.
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Where can I follow Micron?
Micron posts results on its investor site.
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Frequently asked questions
What is Micron?
Micron Technology is a Boise, Idaho maker of memory and storage chips, including DRAM, NAND and high-bandwidth memory for AI.
Who is the CEO of Micron?
Sanjay Mehrotra.
How much is Micron worth?
About $992.9 billion at the October 23, 2026 close, according to StockAnalysis.
How much revenue did Micron make in fiscal 2026?
$133.19 billion, up from $37.38 billion in fiscal 2025, according to Micron.
What did Jordi Visser say about Micron?
On the October 10, 2026 episode, Jordi pointed to Micron's rise from $100 a share. On October 24, he called Micron and Nvidia cyclical companies.
Sources
Last updated: October 24, 2026
Anthony Pompliano is an entrepreneur, investor, and author who serves as Chairman and CEO of Silvia, Inc (SVIA) and invests through Pomp Investments. He is the host of The Pomp Podcast, where he interviews founders, investors and economists about bitcoin, markets, AI and the economy.
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This profile is for informational purposes only and reflects reporting available as of October 25, 2026, plus opinions shared on The Pomp Podcast. It is not investment advice. Do your own research before making any investment decision.
