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Micron earnings are out after the bell following a big move higher. What analysts expect

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Micron is expected to beat fiscal Q2 results as a surge in demand for AI-linked hardware has pushed up memory chip prices. The price-driven revenue and margin tailwind should support the stock and could move shares by a few percent on an earnings beat.

Analysis

Micron is expected to beat fiscal Q2 results as a surge in demand for AI-linked hardware has pushed up memory chip prices. The price-driven revenue and margin tailwind should support the stock and could move shares by a few percent on an earnings beat.

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