UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-10658 Micron Technology, Inc. (Exact name of registrant as specified in its charter) Delaware 75-1618004 (State or other jurisdictio ...

JHVEPhoto The last time I mentioned Micron Technology (NASDAQ:MU), we discussed how it became one of the highest-flying large-cap stocks on Wall St. and likely needed some time to cool off. Micron's stock surged from around $60 to nearly $160 due to AI optimism and better-than-expected earnings during the past year. However, Micron hit a blowoff top recently, and the stock has been retreating ever since. Moreover, Micron reported solid earnings on June 26th, but the stock sold off because the guidance was m ...

After Micron Technology (MU) reported fiscal third-quarter profit that missed analysts' estimates and offered soft revenue guidance, Micron executives joined the company's earnings call Wednesday, where they discussed their expectations for record revenue in 2024 and 2025, Micron's position to gain in the artificial intelligence (AI) era, and more. On Track for Record Data Center Revenue in 2024 Micron CEO Sanjay Mehrotra said Micron's "mix of data center revenue is on track to reach record levels in fi ...

Micron Technology, Inc. (MU) reported overwhelming third-quarter fiscal 2024 results, wherein the top and bottom lines surpassed the respective Zacks Consensus Estimate and marked a significant year-over-year improvement. The key metrics, including revenues, gross margin and earnings per share, came above the high end of management’s guidance range.Micron reported non-GAAP earnings of 62 cents per share, significantly higher than the consensus mark of 50 cents and management’s forecast of 45 cents (+/- 7 ce ...

BOISE, Idaho, June 27, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU), a global leader in innovative memory and storage solutions, today announced the release of its 2024 sustainability report. This report details Micron's sustainability advancements, highlighting its award-winning efforts and reinforcing its commitment to sustainability and cutting-edge technology. "Micron is helping drive technological advances that will create significant new opportunities in the years ahead," said Micron P ...

BOISE, Idaho, June 27, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), a global leader in innovative memory and storage solutions, today announced the release of its 2024 sustainability report. This report details Micron’s sustainability advancements, highlighting its award-winning efforts and reinforcing its commitment to sustainability and cutting-edge technology. “Micron is helping drive technological advances that will create significant new opportunities in the years ahead,” said Micron ...

Micron (MU) reported $6.81 billion in revenue for the quarter ended May 2024, representing a year-over-year increase of 81.5%. EPS of $0.62 for the same period compares to -$1.43 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $6.7 billion, representing a surprise of +1.65%. The company delivered an EPS surprise of +24.00%, with the consensus EPS estimate being $0.50.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expec ...

Micron NASDAQ: MU shares fell a significant 5% in after-market trading due to its Q3 results and guidance for Q4. However, nothing in the report gives cause to sell and every reason to buy. The results were better than expected; the company revealed market share gains in the critical data center/AI market, and the guidance is solid. The worst that can be said is that the guidance wasn’t a blowout, but that is compared to the expectations. The takeaway is that guidance is robust, the company has momentum, ou ...

Micron Technology Inc (NASDAQ:MU) are 5.6% lower to trade at $134.41 this morning, after the semiconductor maker's  fourth-quarter quarter revenue guidance of $7.6 billion was only in line with Wall Street's expectations. Failing to hit the lofty forecast is overshadowing third-quarter earnings and revenue that beat analysts' estimates.The shares ofare 5.6% lower to trade at $134.41 this morning, after thefourth-quarter quarter revenue guidance of $7.6 billion was only in line with Wall Street's expectatio ...

Despite beating analyst estimates on earnings and revenue, shares of memory chip maker Micron Technology (NASDAQ:MU) stock fell about 5% overnight. Analysts blamed the company’s revenue forecast.Micron was due to open this morning at $134.40 per share, a market capitalization of about $149 billion. Shares are still up over 50% in 2024.AI Over Its Skis?The company guidance was in line with estimates. But bulls who have doubled the stock price in the last year wanted more.Net income for the quarter ending in ...