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Earnings Outlook, A.I. Demand Critical to Continue MU's Massive Rally

Earnings Outlook, A.I. Demand Critical to Continue MU's Massive Rally

Schwab Network · Schwab Network

June 25, 20255m 54s

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Show Notes

Micron (MU) has recovered significantly alongside other chip stocks after tapping 2-year lows last April. Nick Raich says a "beat doesn't matter" in earnings, suggesting the company needs a raise and other strong indicators of A.I. growth for its rally to continue. Frances Stacy says that could come from demand in customers like Nvidia (NVDA) for Micron's bandwidth memory chips.


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