Micron's stock rose 13% following a strong earnings report showing 379% year-over-year revenue growth and 1,003% adjusted EPS growth, largely driven by AI demand. However, forward guidance indicates a slowdown, with Q1 revenue growth expected at 351% and adjusted EPS growth at 698%, suggesting the company may be nearing the peak of its current cycle. The analyst advises caution, recommending investors consider deep value stocks outside the AI sector for better upside potential and safety at current valuations.
Micron Technology's stock is currently trading at USD 1,074.89 on Pluang, down 2.05% as of Oct 03, 2026 20:21 WIB. The stock shows a market cap of $1.21 trillion and a high trading volume of 26,523,742 shares at this time.
The Nasdaq Composite reached a new record high after September payroll growth fell short of expectations, reducing fears of an October interest rate hike by the Federal Reserve. The weaker jobs report, combined with lower oil prices, eased inflation ...
Micron Technology has seen huge revenue growth driven by a sharp increase in memory prices, with a 379% year-over-year revenue jump. However, this growth is mainly due to price hikes rather than increased sales volume, raising concerns about sustaina...
Micron Technology reported record fourth-quarter results, beating revenue and earnings expectations due to high demand for high-bandwidth memory (HBM) used in AI data centers. The company's growth is supported by supply shortages and rising prices fo...
Jim Cramer and Michael Burry are publicly clashing over Micron Technology's stock outlook. Burry has taken a bearish position through put options, betting that Micron's stock will fall significantly by June 2027 due to a potential AI bubble burst. In...
Micron Technology remains a tech giant with a market cap near $1.2 trillion, supported by strong demand for DRAM and NAND memory chips. Its Strategic Customer Agreements secure over 35% of revenue through 2030 with price floors and ceilings, though t...
