Micron earnings preview: Here’s what Wall Street expects as all eyes turn to MU stock and the memory chip rally
Micron Technology Inc will release its third-quarter earnings after the markets close on Wednesday. Despite fears of an AI bubble, Wall Street predicts positive results. Micron could report $35.5 billion in revenue—a 281% jump year-over-year (YOY), according to a Bloomberg analyst consensus cited by Yahoo Finance. Its DRAM (memory) and NAND (storage) revenues are expected to grow 288% and 256% YOY, respectively. Micron is also predicted by Bloomberg’s analysts to have earnings p...
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