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Micron stock is in free-fall after reporting earnings in mid-December. ... The high end of Micron's near-term revenue forecast implies a top-line figure of $8.1 billion. ... Chart. MU PE Ratio ...
MU EPS Estimates for Current Fiscal Year data by YCharts. Even better, Micron may be able to sustain its healthy growth for a longer period as the global memory market is forecast to generate $360 ...
The semiconductor company forecasts adjusted earnings of $1.08 per share in the fourth quarter on revenue of $7.6 billion. For comparison, it posted an adjusted loss of $1.07 per share on revenue ...
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Micron (NASDAQ: MU) is forecasting a slower recovery in consumer markets, sending the stock price down. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day.
Micron Technology (NASDAQ: MU) stock has set the market on fire in the past five years, recording impressive gains of 258% and outpacing the Nasdaq-100 Technology Sector index's returns of 136% by ...
Finally, Micron stock is also much cheaper than its AI and chip stock peers, trading at a forward P/E of just 10 based on this year's estimates. While those estimates are likely to come down after ...
(Reuters) -Memory chip maker Micron Technology tapped a surge in artificial intelligence adoption to forecast third-quarter revenue above estimates on Wednesday and post a surprise quarterly profit.