Micron advances ahead of quarterly results
MU•Micron shares rose 0.9% ahead of quarterly results due after the bell, with investors looking for confirmation of robust AI data center demand. Analysts expected fiscal Q4 revenue of $51.07 billion, up 351%, and adjusted EPS of $31.61, versus $3.03 a year earlier.
1. Results expected after close
Micron shares advanced 0.9% ahead of quarterly results slated for after the bell. Analysts expected fiscal Q4 revenue to rise 351% to $51.07 billion and adjusted EPS to reach $31.61, compared with $3.03 a year earlier.
2. Demand and other developments
Investors were looking for confirmation of continued robust demand tied to AI data center construction. Netlist said Tuesday it had filed a complaint with a U.S. trade tribunal seeking to block imports of certain Micron memory chips. Micron had gained about 277% year to date, compared with a 16% rise in the Nasdaq, and was trading about 11% below its record closing high on June 25, 2026.
