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Micron Just Eliminated Its Biggest Risk With This Brilliant Move, and Investors Are Loving it
Key takeaways
- Revenue jumped 346% year-over-year to $41.5 billion, ahead of estimates at $35.3 billion, and adjusted earnings per share surged from $1.91 to $25.11, topping the consensus at $20.28.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
- However, what's more important than the third-quarter results is where the company is headed.
Jeremy Bowman, The Motley Fool Thu, June 25, 2026 at 7:05 PM GMT+7 4 min read MU NVDA Coming into Micron's (NASDAQ: MU) fiscal third-quarter earnings report, investors were expecting another round of smashing results, and the memory chip stock delivered.
Revenue jumped 346% year-over-year to $41.5 billion, ahead of estimates at $35.3 billion, and adjusted earnings per share surged from $1.91 to $25.11, topping the consensus at $20.28.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
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