Tonight is not about whether Micron had a good quarter. Everybody already knows that
The guide is $50B revenue and about 86% gross margin. Q3 was already close to 85%. So $MU is pricing a clean print. The move comes from the call, not the headline
If they hit 86% and still sound tight on HBM, that's bullish. If they hit it and start warning on price, people will sell the news
Clear 86% or not?
#EarningsSeason
The guide is $50B revenue and about 86% gross margin. Q3 was already close to 85%. So $MU is pricing a clean print. The move comes from the call, not the headline
If they hit 86% and still sound tight on HBM, that's bullish. If they hit it and start warning on price, people will sell the news
Clear 86% or not?
#EarningsSeason