Access here alternative investment news about Micron's Fiscal Q2 2024 Earnings Preview With Eyes On Hbmx (nasdaq:mu)
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Micron Technology, Inc. (NASDAQ:MU) announces its Fiscal 2Q2024 earnings call on March 20, 2024. Key areas of focus will be on a recovery in the memory market and increased demand for High Bandwidth Memory ("HBM"), particularly aimed at artificial intelligence ("AI") applications. MU's guidance for Q2 revenue, given in its Q1 call, is between $5.1B and $5.5B, with the mid-point above the $4.99B estimate. On an adjusted basis, it expects to lose between $0.21 and $0.35 per share. There are several key trends that are expected to influence Micron's performance in this quarter.

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