Micron Technology just reported earnings. Let's talk about it!
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Micron Technology just reported earnings. Let's talk about it!
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Micron just reported an impressive earnings beat after the bell, and the stock is up over 15% in after hours trading right now. So let's talk about it!Revenue of $41.5 billion against expectations of $35 billion, EPS of $25.11 versus the $20.39 analysts were expecting, and record gross margins of 84.9%. In this video I break down what Micron does, why they're at the center of the AI trade, and what this blowout quarter means for the broader market — including the real-world cost of the memory shortage that's driving these numbers.$MU $NVDA $AAPL $MSFT#Micron #MU #earnings #AI #semiconductors #stockmarket
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