Micron Earnings Day: What I'm Watching
Today is the big day for $MU.
Micron is set to report its fiscal Q4 results after the US market close, so I'm less focused on simply whether the company beats expectations and more interested in what the numbers say about the memory cycle.
Micron previously guided for around $50B in Q4 revenue and approximately 86% gross margin. Its fiscal Q3 revenue was $41.46B with a 84.9% non GAAP gross margin.
For me, the key things to watch are gross margin, AI memory demand, HBM progress, and management's outlook for the next quarter.
The earnings number matters, but the guidance could tell us more about how durable this memory cycle really is.
What will you be watching most closely from Micron tonight?
#EarningsSeason #Micron #MU
Today is the big day for $MU.
Micron is set to report its fiscal Q4 results after the US market close, so I'm less focused on simply whether the company beats expectations and more interested in what the numbers say about the memory cycle.
Micron previously guided for around $50B in Q4 revenue and approximately 86% gross margin. Its fiscal Q3 revenue was $41.46B with a 84.9% non GAAP gross margin.
For me, the key things to watch are gross margin, AI memory demand, HBM progress, and management's outlook for the next quarter.
The earnings number matters, but the guidance could tell us more about how durable this memory cycle really is.
What will you be watching most closely from Micron tonight?
#EarningsSeason #Micron #MU
