Earnings Preview | Explosive Growth vs. Lagging Stock Price: HBM Demand Drives Micron (MU.US) Q2 Profit Surge, Analysts See $770
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Wall Street analysts generally expect that, driven by the continued strong growth in demand for high-bandwidth memory (HBM), Micron Technology's revenue this quarter is likely to exceed 19.1 billions USD, with earnings per share (EPS) expected to approach $8.56. Prior to Micron Technology's financial report release, Seeking Alpha financial analyst Dair Sansyzbayev reiterated a "Strong Buy" rating for the company.
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