MU

Micron Technology, Inc. is going to report its earnings results after the bell, marking the first out of the bunch to report for Q4. Non-HBM DRAM supply from China is rapidly increasing, threatening MU's pricing power and gross margins, but this is completely overlooked by the market. Recent data shows DRAM price acceleration is slowing, with spot and contract prices cooling and demand destruction outside AI markets.

CHICAGO, MILWAUKEE and NEW YORK, Sept. 29, 2026 (GLOBE NEWSWIRE) -- YieldMax® ETFs today announced the launch of the following ETF: YieldMax ® MU Option Income Strategy ETF (NASDAQ: MUY) MUY seeks to maximize income potential by pursuing options-based strategies on Micron Technology, Inc. (MU).

Micron Technology and SanDisk stocks rose in premarket trading on Tuesday, resisting a hostile backdrop for technology stocks as Treasury yields hovered near their highest level in almost two decades. Micron was up about 1.8% before the bell, while SanDisk gained roughly 1.0%.

Micron's NAND flash sales almost doubled from the prior quarter in its fiscal third quarter, to $9.9 billion. Sandisk guided for an adjusted gross margin of 83% to 85% this quarter, versus 84.6% last quarter.

Micron Technology is set to report earnings after markets close Wednesday, with traders anticipating a sizable move in the memory chipmaker's stock.

Micron heads into fiscal Q4 earnings with $50B revenue guidance, 86% gross margin expectations and strong AI-driven memory demand.

Micron Technology Inc (NASDAQ:MU) could deliver fourth-fiscal-quarter earnings per share in the mid-$30s as rising DRAM and NAND prices lift sales and margins, Wedbush said ahead of the company's earnings call. The revised estimates sit around the upper end of prior company guidance, assuming mid-teens price increases for DRAM and NAND flash.

SK Hynix's HBM leadership, surging cash generation and aggressive capacity expansion strengthen its position as AI-driven memory demand accelerates.

Micron is no longer the company it was before the AI boom, and one analyst says it's time that investors fully appreciate that.

With oil and bond prices climbing again, market indexes are lower ahead of a big week of data.