Expected to grow until 2029.
Revenue in the fourth quarter increased by 93% year-on-year, reaching $7.8 billion.
On the other hand, overall revenue for the fiscal year 2024 increased by 62% compared to the previous year, reaching $25.1 billion.
This growth is supported by the effectiveness of artificial intelligence and
backed by strong performance in the datacenter and automotive industry.
Micron Technology Inc. (nasdaq: MU) has recently started investing in these high-growth industries and is experiencing high demand for memory and storage solutions.
Management believes that the company will enter the new fiscal year with its strongest competitiveness ever. Management also notes that the high demand from datacenters is exceeding expectations.
Management believes that the company will enter the new fiscal year with its strongest competitiveness ever. Management also notes that the high demand from datacenters is exceeding expectations.
Revenue for the first quarter of 2025 is expected to be approximately $8.77 billion, with a gross profit margin of 39.5%.
Future earnings will significantly exceed expectations
The rise in stock price is just getting started
There is no way it will end just around $100
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麦マル : Absolutely wonderful company
Shareholders of valuable MU stocks will definitely enjoy happiness and joy from their shareholding in the near future
With the next financial results and next year's performance outlook, an inevitable rise will be certain
Hold on tight to MU and NVIDIA for the long term future
ありがとう星 : Glad to have NVDA & MU set, I think the day will come when I think so.