Micron Technology reported fiscal Q3 2026 earnings with $41.5 billion revenue and $25.11 EPS, surpassing Wall Street estimates and showing strong demand for AI-related memory chips. Its profits now exceed Nvidia's at a similar growth stage, with Micron forecasting even higher revenue and net income for Q4. Despite this, Micron's market valuation is about one-third of Nvidia's valuation from a year ago, suggesting Micron may be undervalued in the AI infrastructure sector. This highlights a significant investment opportunity as Micron approaches Nvidia-like scale with accelerating momentum.
Tech stocks fell after a morning rally faded, despite Micron Technology's strong earnings boosting its shares nearly 15% after hours. The Nasdaq closed down 0.43%, while the Dow and Russell 2000 saw modest gains. Oil prices hit their lowest since Feb...
Micron's stock surged 18.02% in after-hours trading following its fiscal Q3 earnings report, which beat analyst expectations with an EPS of $25.11 and revenue of $41.46 billion, quadrupling year-over-year. This rally erased earlier losses and pushed ...
The FTSE 100 climbed above 10,500, boosted by strong tech sector gains following Micron's robust earnings report, which lifted semiconductor stocks globally. Halfords shares surged 16% after reporting better-than-expected profits and highest gross ma...
Micron Technology reported fiscal Q3 results and guidance that far exceeded expectations, causing its shares to jump 17% premarket and lifting the Roundhill Memory ETF (DRAM) by 12.6%. SK Hynix, another major DRAM holding, plans a $29.4 billion U.S. ...
Micron reported exceptional Q3 results, with revenue increasing 345.7% year-over-year and non-GAAP earnings per share rising 1,215%, significantly surpassing expectations. The strong performance is fueled by growing AI-driven memory demand, ongoing s...
