Upcoming Earnings To Move Micron Technology Stock?

Group 1 - Micron Technology is expected to report a revenue increase of approximately 30% year-over-year to $8.83 billion and earnings of$ 1.59 per share, up from $0.62 in the same period last year [1] - The company is experiencing significant growth in its data center division, driven by the AI boom and a sharp rise in demand for high-bandwidth memory, leading to a nearly 50% sequential increase in HBM memory revenue [1] - Micron is gaining market share in high-margin sectors and is currently the only company mass-producing low-power DRAM for data centers, which is increasingly important in the AI era [1] Group 2 - Micron Technology has a current market capitalization of$ 105 billion and generated $31 billion in revenue over the past twelve months, with operating profits of$ 6.2 billion and a net income of $4.7 billion [2] - The company has recorded 19 earnings data points in the past five years, with positive one-day returns occurring approximately 42% of the time, and the median of positive returns being 7.9% [4]