深潮TechFlow|Mar 18, 2026 09:55
[Micron Technology, the storage giant, has surged over 60% this year and will release its earnings report after the market closes]
Deep Tide TechFlow reports that on March 18, according to foreign media, Micron Technology, the largest memory chip manufacturer in the United States, will release its earnings report after the U.S. stock market closes on Wednesday. Based on the average expectations of surveyed economists, Micron Technology's net profit for the second fiscal quarter is estimated to reach $10.1 billion, with revenue expected to hit $19.6 billion, representing year-over-year growth of 540% and 144%, respectively. Driven by massive spending in the artificial intelligence computing sector, demand for memory and storage components has surged, leading to skyrocketing memory chip prices. Micron Technology's stock price has soared over 60% year-to-date. Gabelli Funds portfolio manager Hendi Susanto stated that while this pricing environment won't last forever, various signs indicate tight supply this year and sold-out capacity next year. Micron Technology's stock price may still have room to climb before reaching its peak. The biggest risk currently lies in overly high market expectations. (Jin10 Data)
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