Jun. 22 at 6:49 PM
$MU $SMH $QQQ
SEMICONDUCTORS:
Chip Bellwether Gets AI Lift Micron Technology (MU) will report its fiscal Q3 results late Wednesday. Analysts expect the memory-chip maker to post a 156% earnings gain and a 30% increase in sales, thanks to robust AI data center demand for high-bandwidth memory (HBM) products. Micron stock has been on a steady climb this month, helped by the release of its latest HBM products.