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$Micron Technology(MU)$ didn't just beat expectations. It completely shattered them, sending a clear message that the AI driven infrastructure boom is accelerating at a breathtaking pace.
Micron's Q4 revenue nearly quadrupled year over year, exploding to USD 54.23 billion against the USD 51.07 billion Wall Street expected.
Earnings per share hit USD 33.42, clearing consensus estimates by a mile.
Gross margins climbed to an incredible 86%, confirming Micron's staggering pricing power amidst an acute memory shortage.
Micron projected a revenue of USD 61.5 billion, blowing past the USD 57 billion expected.
Micron's shares jumped as high as 15% post earnings. Then it settled down to about 1% to 2%, signalling that the market has already priced in a spectacular beat and raise cycle.
Extraordinary performance has become the baseline expectation for Micron.
@TigerStars @Tiger_comments @Tiger_SG @TBlive
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