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Micron’s earnings could be a major test for the AI hardware trade.
Q4 guidance points to $50B revenue, $31 non-GAAP EPS and 86% gross margin, with the midpoint implying 20.6% sequential growth.
Markets will be watching HBM4 demand, DRAM/NAND pricing and margin durability.
The bigger question:
Can AI data-center demand keep memory supply tight enough to justify these expectations?
#MicronEarningsAhead
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