BREAKING
Micron Guides to ~$50B Next Quarter
0
B
FQ3 Revenue
0
$
Non-GAAP EPS
0
%
Gross Margin
FQ4 Outlook Beats Consensus
Consensus
43.2
Guidance
50
FQ3 Actual vs FQ4 Outlook
FQ3 Actual
●
Revenue $41.46B
●
EPS $25.11
●
Margin ~84.9%
FQ4 Outlook
●
Revenue ~$50B
●
EPS ~$31
●
Margin ~86%
AI Memory Super-Cycle Underway
1
AI demand surges
↓
2
HBM4 ships to NVIDIA
↓
3
$27B yearly CapEx
↓
4
Tight supply to 2028
Stock Jumps ~14% After Hours
AI NEWS BLITZ
Micron's blockbuster outlook eased worries that AI demand might be cooling.