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.
Asian semiconductor stocks experienced a significant decline following a sell-off in US chipmakers, with SK Hynix shares dropping over 9% in Seoul after an earlier 8% rally. The sell-off reflects concerns over AI spending and profit-taking after a st...
Jim Cramer expressed skepticism about the current impact of AI investments, noting that while AI infrastructure companies benefit, many corporate users have yet to show significant cost savings or revenue gains. He highlighted that banks, expected to...
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Sanjeev Sharma forecasts the S&P 500 will finish 2026 slightly below its starting point due to weak consumer fundamentals like stagnant wage growth, high inflation, elevated gas prices, and rising interest rates. His disposable income-based model hig...
Micron Technology announced that its executives will participate in the KeyBanc Capital Markets Technology Leadership Forum on August 10, 2026, in Deer Valley, Utah. The event presentation will be webcast live and available for replay on Micron's Inv...
