PREVIEW: Micron advances ahead of qtrly results
BUZZ-PREVIEW: Micron advances ahead of qtrly results ** Shares of Micron Technology MU.O advancing 0.9% on Weds ahead of qtrly results slated for after the bell, with investors looking for confirmation of ongoing robust demand related to buildout of AI data centers
** The memory chip maker is expected to report a 351% surge in fiscal Q4 rev to $51.07 bln and adj EPS of $31.61 vs $3.03 a yr ago, per LSEG
** Netlist NLST.PK on Tues said it had filed a complaint with a US trade tribunal seeking to block imports of certain Micron memory chips
** Fueled by strong demand for its chips, MU has jumped about 277% YTD, far outpacing the Nasdaq's .IXIC 16% rise
** MU is trading about 11% below its record high close on June 25, 2026
** Of 49 analysts covering the stock, 46 rate it 'buy' or 'strong buy' while three have 'hold' ratings
(Reporting by Noel Randewich)
Recent news on Netlist
See all newsMicron enters $600 million settlement of Netlist patent dispute
PREVIEW: Micron advances ahead of qtrly results
Netlist seeks U.S. import ban on Micron chips used in Google, Nvidia AI computing (updated)
Netlist seeks U.S. import ban on Micron chips used in Google, Nvidia AI computing
Netlist, Samsung settle patent disputes in new five-year memory deal