Micron Q3 Earnings Preview: AI In Focus, Analyst Says 'Only Positive News ... For Some Time To Come'
Portfolio Pulse from Chris Katje
Micron Technology (NASDAQ:MU) is set to report its third-quarter financial results, with analysts expecting significant improvements in revenue and earnings per share. Analysts have been optimistic, raising price targets and highlighting the company's strong position in the AI sector. Key items to watch include average selling prices, customer demand, and updates on AI growth and production projects.
June 25, 2024 | 9:32 pm
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Micron Technology is expected to report strong Q3 results with significant improvements in revenue and earnings per share. Analysts have raised price targets and are optimistic about the company's position in the AI sector. Key items to watch include average selling prices, customer demand, and updates on AI growth and production projects.
Analysts have raised price targets and are optimistic about Micron's performance, particularly in the AI sector. The company has a history of beating estimates, and key metrics like average selling prices and customer demand are expected to trend positively.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100