Wall Street Bought the Rumor in Micron Stock, So Should You Sell the News? A Pre-Earnings Look at This Dot-Com Bubble Survivor.

Micron Technology (MU) reports earnings on Tuesday, Sept. 23, after market close. Traders know that most big tech companies have already reported results this season. So when there’s an outlier like MU, it is bound to get more focus. Because let’s face it, Wall Street really digs tech’s earnings “events!”

Some follow MU because it is one of those much-hyped “AI plays.” Its high-bandwidth memory, or HBM, chips speed up data movement. That’s something AI accelerator companies, the new icons of Wall Street, need to have any chance of living up to long-term growth estimates. So any news from MU is significant now. And earnings? Big-time attention-getter.