Micron Technology reported a fiscal Q4 revenue of $54.23 billion, surpassing Wall Street estimates by over 5%, driven mainly by rising memory prices. The company projects even higher revenue of $61.5 billion for the next quarter, marking its biggest quarter ever, supported by multi-year contracts covering over 35% of revenue through 2030. Despite this strong performance, Micron's stock remains about 21% below its June peak, reflecting market concerns over a potential slowdown in price growth. Continued price increases and steady demand in AI-related memory products will be crucial for sustaining growth in upcoming quarters.
Following Micron's strong quarterly revenue report and optimistic guidance, its stock price on Pluang is trading at USD 884.69 as of Oct 22, 2026 18:12 WIB, down 3.17% for the day. The market cap stands at $1.03 trillion, with the stock still well below its 52-week high of $1.21K. Pluang investors show a slight buying preference with 56% buy orders against 44% sell orders.
Micron's stock price fell alongside other chip and AI-related stocks, but an analyst from D.A. Davidson sees this as a buying opportunity. The analyst predicts the stock could more than triple in value from its current price, suggesting strong future...
The Invesco S&P 500 Momentum ETF (SPMO) remains a hold despite increased volatility and sharper pullbacks following its September rebalance. The fund shifted exposure from established tech giants like Nvidia and Broadcom to higher-beta AI infrastruct...
Micron Technology and Seagate Technology stocks have surged 221% and 155% respectively in 2026, driven by robust demand for memory chips and data center storage fueled by AI expansion. Micron’s strong revenue growth and multiyear supply agreements pr...
SK hynix Inc. is set to report its Q3 earnings on October 28, following Micron's recent results that indicated rising memory prices and demand. In Q2, SK hynix saw a 257% year-over-year revenue increase to KRW 79.3 trillion with a 76% operating margi...
Micron Technology reported a massive 256.3% revenue increase for fiscal 2026 and secured contracts covering over 35% of revenue through 2030. Despite a recent 14.58% stock drop, a $1,000 investment today could grow to about $1,487 by 2031, reflecting...
