$Micron Technology(MU)$ Q3 report blew past expectations—a really notable development. The company posted adjusted EPS of $1.91, easily beating estimates of $1.60, and revenue surged 37% year-over-year to $9.3 billion, topping forecasts of $8.86 billion. That level of upside made me pause—it’s rare to see such strong demand in memory chips, and Micron is clearly riding the wave. What caught my eye most was Micron’s Q4 guidance—$2.50 EPS on $10.7 billion revenue, well above Wall Street’s $2.03 and $9.9 billion estimates. That forward-looking confidence indicates persistent demand, primarily in AI-heavy data centers, thanks to their new HBM4 high-bandwidth memory products. In my view, Micron is no longer just a commodity memory maker—it’s gaining mome
MU Beats: Earnings Priced in Rally? How to Trade?
Micron Technology reported revenue of $9.3 billion for the third quarter of fiscal year 2025, surpassing analysts’ expectations of $8.87 billion and marking a 37% year-over-year increase from $6.81 billion—a new record high. Micron shares initially rose nearly 8% in after-hours trading before turning lower. Despite the earnings beat, the stock has already gained 51% this year, and the market remains cautious about further upside potential.
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