Micron's Earnings Could Trigger a Memory-Chip Rally After Sept. 30

Micron Technology is due to report Q4 results on Sept. 30; the memory-chip market remains tight as demand from AI hyperscalers supports higher pricing, with management signaling the supply shortage won't ease until after 2027. Micron is expanding capacity, but new facilities won't be online until 2027–2028, implying continued upside if demand stays strong. With forward earnings around six times, MU looks cheap, and the article argues the stock could rally after earnings, making now a potential entry point, though uncertainty remains about supply normalization and AI demand.