WS #10628
Micron Q3 revenue $41.46B (beat by $5.9B), EPS $25.11 (beat by $4.51), Q4 guidance ~$50B vs est $43.58B; HBM4 revenue >$1B, $22B in customer deposits; stock +9% after hours. Top House Democrat calls for national moratorium on AI data centers; Pennsylvania House votes to codify strict standards for data center developers; Trump to include year-round E15 gasoline in supplemental bill. Qualcomm unveils data center CPU lineup to challenge Nvidia; Meta as first customer; competitive threat to Intel and AMD in data center CPUs.
Micron Technology Blowout Earnings
Micron Q3 revenue $41.46B (beat by $5.9B), EPS $25.11 (beat by $4.51), Q4 guidance ~$50B vs est $43.58B; HBM4 revenue >$1B, $22B in customer deposits; stock +9% after hours.
Top House Democrat calls for national moratorium on AI data centers; Pennsylvania House votes to codify strict standards for data center developers; Trump to include year-round E15 gasoline in supplemental bill.
Qualcomm unveils data center CPU lineup to challenge Nvidia; Meta as first customer; competitive threat to Intel and AMD in data center CPUs.