Micron's Massive Gains: Why The Upside Isn't Over Yet

2026-05-27 15:41:00 ET

Much of my thesis and analysis for recommending Micron Technology, Inc. ( MU ) as a Buy in my January 2026 article has played out favorably. The company blew past management's second-quarter FY 2026 revenue guidance of $18.7 billion by reporting $23.86 billion, up 196% year-over-year, the highest organic growth in its history. It increased non-GAAP (generally accepted accounting principles) earnings per share ("EPS") by 155% sequentially and 682% year over year to $12.20, significantly beating analysts' guidance of $9.16....

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