Micron to report Q4 earnings, as memory boom powers on

Memory giant Micron (MU) will report its fourth quarter earnings after the bell on Wednesday, providing investors with insights into the state of the memory and AI market. Micron's fortunes, along with those of fellow memory chip producers Samsung (005930.KS) and SK Hynix (SKHY), have soared amid sky-high demand driven by the global AI buildout. Case in point, Micron's third quarter earnings per share shot up 1,214% year-over-year, while its revenue rocketed 345%. The company's stock price has also exploded, rising a staggering 279% year to date and 587% over the last 12 months, as of Tuesday. (MU ) Go deeper with AlphaSpace 1,065.75 +11.77 (+1.12%) As of 11:41:27 AM EDT. Market Open. Micron is also making big bets on its future growth.