Micron's earnings and guidance beat estimates, with long-term agreements securing future r
Micron's earnings and guidance beat estimates, with long-term agreements securing future revenue, indicating structural memory demand driven by AI.
“Always amazing looking at $MU earnings: Revenue: $41.46B vs. $35.8B est. EPS: $25.11 vs. $20.78 est. Forecasts: Revenue: $49B to $51B, vs $43.24B est EPS: $30.00 to $32.00, vs. $25.31. “Micron said on Wednesday that it has signed 16 long-term agreements” "When completed, we expect approximately half or more of our company revenue to be under these" Looks like memory demand has become structural… But great earnings to show up the AI trade is continuing to ramp up.”Original post：X / @aleabitoreddit ↗