Micron Stock Surges on Memory-Market Optimism Ahead of Earnings
TL;DR Summary
Micron Technology stock is rising ahead of its fiscal Q4 report (due Sept. 30) as investors bet memory prices will stay strong. Analysts project adjusted EPS of about $30.89 on roughly $50.41 billion in revenue, with UBS forecasting more than 20% higher memory chip ASPs in Q3 and memory undersupply lasting into 2027, supporting a continued rally after July weakness.
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