Micron reported fiscal second-quarter results that beat analysts' estimates and offered better-than-expected guidance. Revenue increased 38% from a year earlier to $8.05 billion.
Micron Technology forecast third-quarter revenue above Wall Street estimates on Thursday, signaling strong demand for its high bandwidth memory (HBM) chips used by the AI industry.
Micron Technology, Inc. MU will release its second-quarter financial results after the closing bell on Thursday, March 20.
Semiconductor maker Micron Technology Inc (NASDAQ:MU) is set to report fiscal second-quarter earnings after the close on Thursday, March 20.
MU's Q2 performance is likely to reflect the benefits of rising investments in AI and strategic partnerships with tech giants.
Micron Technology (MU) is scheduled to report fiscal second-quarter results after the market closes Thursday, with analysts largely bullish on the Nvidia (NVDA) partner's stock.
MU's Q2 performance is likely to have benefited from strong demand for memory chips used for GPU-enabled AI servers and an improving demand-supply environment.
Micron Technology's recent guidance was disappointing, leading me to downgrade my rating from a strong buy to a buy. Despite the guidance miss, Micron's long-term growth prospects remain strong, with potential EPS reaching $11-13 in fiscal 2026. Analysts remain bullish, with price targets suggesting 30-50% upside by year-end 2025, and potential for $300-350 by 2030 in a bullish scenario.
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Micron Technology (MU) is scheduled to report fiscal second-quarter results after the market closes Thursday, with analysts largely bullish on the Nvidia (NVDA) partner's stock.
Micron Technology Inc (NASDAQ:MU) is expected to report fiscal second quarter financial results in line with its guidance, with analysts at Wedbush expecting “modest deviations” from the company's projections. They see potential revenue upside but some margin risk due to softer pricing in Q1 and changes in product mix.
Besides Wall Street's top -and-bottom-line estimates for Micron (MU), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended February 2025.