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Micron Q3 earnings: Time to buy the dip?
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$Micron Technology (MU.US)$ is down 6% after earnings report...

$Micron Technology (MU.US)$ is down 6% after earnings report. It was not a blow out enough quarter for the fast money to get incrementally more excited, so they're selling the stock.
That said, the AI story is intact.
They just reported 82% YoY growth and guided to 90% growth, which was inline with the Street.
The most important part of the update is they’re ramping HBM this year and will achieve meaningful market share, around 20%, next year from zero at the start of the year.
They’re now fully sold out of HBM through the end of calendar 2025. Previously they had said they were sold out for most of 2025.
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  • Tonyco : At least I learned my lesson, buy after earning not before. You have to either be Tesla or beat est by 50484848% for it to go up these days

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