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-6.03354651865532E-05 -0.00220224447930499 -0.000467599855194973 -0.00226227826716552 -0.00521298419210815 -0.00521298419210815 -0.00521298419210815 -0.00521298419210815
Stock impact report

Micron Shares Jump on Earnings Beat - What's Next? [Yahoo! Finance]

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Company Research Source: Yahoo! Finance
The most notable takeaway was Micron's guidance for next quarter, with revenue expectations raised to $18.7 billion from roughly $14.2 billion and earnings guidance nearly doubling from $4.78 per share to $8.42. Management struck a confident tone, noting that it is “more than sold out,” and reiterated expectations for the total addressable market for high-bandwidth memory to reach $100 billion by 2028, implying a compound annual growth rate of roughly 40%. There's no question this was a stellar report, capping off a banner year for the memory giant. Still, it's hard to ignore the industry's cyclical nature. Historically, peak earnings often coincide with peak pricing, and memory stocks have a habit of looking cheapest just before margins begin to roll over. That said, the AI-driven demand backdrop makes this cycle anything but typical. With powerful secular tailwinds, a Zacks Rank #1 (Strong Buy) , and strong technical momentum reinforcing the bullish fundamentals, excessive cau Show less Read more
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