Micron Technology’s Disappointing Guidance
$Micron Technology (MU.US)$ ’s fiscal Q1 revenue met expectations, but weak guidance for the next quarter led to a post-market plunge of 17%. Analysts emphasized its pivotal role in setting the tone for tech stocks. While DRAM price drops weighed on the results, high-bandwidth memory for AI applications drove data center revenue up over 400% year-over-year, accounting for more than 50% of total revenue for the first time.
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Master K : Weak guidance was just the excuse … none of the other companies are manipulated this way. Sad state.
TWIMO (151403908) : My thought is if one was buying MU at $100 thinking that it will go up, why not buy more now that it's under 90??
28282828 TWIMO (151403908) : Because when its at 100, the results was not out yet
104876179 TWIMO (151403908) : What if go down further?
TWIMO (151403908) 104876179 : have a break, have a kitkat… this is quite the uneducated question…