Micron’s earnings report is expected around 4:00 a.m. Beijing time tomorrow, which could be the most important one for the AI sector this week.
The guidance the company itself provided is: revenue for this quarter of $50 billion, plus or minus $1 billion; gross margin is approximately 86%.
The previous quarter was $41.46 billion, up 73.7% quarter-over-quarter.
Over the past 12 months, the stock price has risen by more than 5x, closing at $1,071 on 9/23.
This round of memory is the most direct beneficiary of AI—HBM demand far outstrips supply, and prices have been climbing all the way up.
Beating expectations in the earnings report is just the baseline; what the market truly wants to see is whether the guidance for next quarter can continue to move higher.
Do you think Micron can exceed $50 billion this time?
The guidance the company itself provided is: revenue for this quarter of $50 billion, plus or minus $1 billion; gross margin is approximately 86%.
The previous quarter was $41.46 billion, up 73.7% quarter-over-quarter.
Over the past 12 months, the stock price has risen by more than 5x, closing at $1,071 on 9/23.
This round of memory is the most direct beneficiary of AI—HBM demand far outstrips supply, and prices have been climbing all the way up.
Beating expectations in the earnings report is just the baseline; what the market truly wants to see is whether the guidance for next quarter can continue to move higher.
Do you think Micron can exceed $50 billion this time?