Micron Earnings Preview: Traders Brace for 9% Swing as AI Demand Fuels Memory Chip Rally
Micron Technology's fiscal Q1 report looms as a litmus test for the AI hardware boom. With options markets pricing in a 9% move either way, the memory chipmaker's results could propel shares toward record highs or snap their 2025 rally. Analysts project sales growth as Nvidia and AMD continue vacuuming up its high-bandwidth memory modules.
The stock's 200% year-to-date surge reflects Micron's pivotal role in the AI supply chain—a classic 'pick-and-shovel' play on the infrastructure behind artificial intelligence. Wednesday's close will reveal whether institutional investors view current valuations as justified by the semiconductor upcycle.