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Why Micron's stock could be poised for a post-earnings gain — with one catch
MUMicron Technology(MU) MarketWatch·2024-12-16 15:15

Investors scooped up shares of Broadcom Inc. and Marvell Technology Inc. after upbeat forecasts from those semiconductor companies in recent weeks. That creates an interesting setup for Micron Technology Inc. ahead of the company’s Wednesday earnings report, according to one analyst.As Wall Street further warmed to shares of Broadcom AVGO and Marvell MRVL in the wake of those companies’ reports, long-only funds rotated out of the memory sector, Mizuho desk-based analyst Jordan Klein wrote on Monday. And hed ...