US Stock Market Movement | Micron Technology rises about 1.4% to a new high, last quarter's earnings to be released after the bell, analysts expect net profit to surge about 489%

格隆汇 March 18｜Micron Technology (MU.US) once rose about 1.4%, reaching a high of $467.98, continuing to set a new historical high. In terms of news, Micron Technology recently announced that its HBM4 production line began mass production and shipment in the first quarter of this year, with the first batch being the 36GB 12-high stacked version, specifically designed for the Vera Rubin platform. In addition, Micron will announce its earnings after the US stock market closes today. According to analyst expectations compiled by FactSet, revenue for the second quarter of fiscal year 2026 is expected to reach $19.8 billions, an increase of about 145% year-on-year; adjusted earnings per share are $9.19, and net profit is about $10.3 billions, an increase of about 489% year-on-year. According to LSEG data, analysts expect Micron's average DRAM price in the second fiscal quarter to rise nearly 32% quarter-on-quarter. (格隆汇)