Micron Technology Inc (MU) reported a massive increase in fiscal Q2 free cash flow (FCF). As a result, management raised the quarterly dividend per share (DPS) by 30% to 15 cents ($0.60 annual rate). As a result, MU stock is worth 34% more at $567 per share. I will also explain why, and one play to take advantage of this: shorting out-of-the-money (OTM) puts for a 6% monthly yield. More News from Barchart MU stock - last 3 months - Barchart - March 20, 2026 MU closed at $422.90 on Friday, down from a pr ...

Earnings season began last month, and several chip makers have already delivered solid revenue gains. Investors are now looking for a similar lift in December, with AI-related demand expected to keep pricing firm and orders steady across the sector. Micron Technology (MU) is set to release its fiscal first-quarter 2026 results after the market close on Wednesday, Dec. 17. Wall Street is abuzz, with analysts forecasting roughly $3.38 earnings per share on about $12.6 billion in revenue, roughly double last ...