Micron Technology Inc
MU: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Hc | LOCK|@? | LOCK|HN<sGW@ |
Micron Earnings: Impressive AI-Driven Pricing Brings Our Valuation Up to $150
Micron Technology's August-quarter results exceeded its updated guidance from mid-August, with revenue rising 46% year over year to $11.3 billion. Management guided for more than 40% year-over-year growth in the October quarter. High-bandwidth memory quarterly revenue hit $2 billion.
