Micron simply had its Nvidia second. What comes subsequent for the inventory?
Published:
Two and a half years ago, Nvidia stunned Wall Street with a quarterly forecast that was billions of dollars above the consensus view. And on Wednesday afternoon, Micron did the same.
The company’s expectation for $18.7 billion in February-quarter revenue at the midpoint, well above the $14.3 billion consensus view, has analysts drawing comparisons to Nvidia
NVDA and coming to view Micron MU as a major beneficiary of the artificial-intelligence boom.