Micron is set to report its Q3FY26 earnings after its stock surged 166% since the last sell call, reaching a $1 trillion valuation. Investors are particularly concerned about the sustainability of its gross margins, especially following management's guidance of an 81% margin in Q3 and the outlook for Q4. While Micron remains attractively valued compared to peers, the rapid price increase and high expectations increase downside risk if results disappoint. Attention is also on the non-AI business segment, which currently has higher margins than the AI-related segments, before any upgrade to a buy rating is considered.
US tech and semiconductor stocks fell sharply amid a global market sell-off, with the Nasdaq dropping 1.5% and the S&P 500 down 1%. SpaceX shares briefly fell below their IPO price due to investor concerns over heavy borrowing for AI investments. Maj...
Micron Technology's stock fell about 12% due to a broad tech sell-off, wiping billions off its market value. However, Deutsche Bank reports a looming multi-year memory shortage driven by rapid AI demand, particularly for high bandwidth memory (HBM) a...
Bank of America upgraded Micron's stock price target from $950 to $1,500, citing strong demand for high-bandwidth memory and limited supply through 2028. Analyst Vivek Arya highlighted the semiconductor industry's growth potential, expecting the mark...
SanDisk and Micron Technology have seen massive stock gains driven by the AI memory supercycle, with SanDisk up 4,586% and Micron up 833% over the past year. Both companies reported strong recent earnings and optimistic guidance, highlighting robust ...
Global markets saw a sharp selloff led by major chipmakers like Nvidia, Intel, and Samsung amid investor anxiety ahead of Micron's earnings report, a key indicator for AI demand. The Nasdaq dropped 2.8%, and South Korea's Kospi plunged 10% as memory ...
