U.S. Stocks Surge | Micron Technology (MU.US) Raises Fourth Quarter Revenue Guidance and Surges Over 5%

Zhixin Finance APP learned that on Monday, Micron Technology (MU.US) opened more than 5% higher, at $124.30. In terms of news, due to significant pricing environment in the DRAM market, the company has significantly raised its performance guidance for the fourth quarter of fiscal year 2025, with revenue expected to be adjusted to $11.1-11.3 billion, and gross margin guidance raised to 44%-45%, up from the previous prediction of 41%-43%. Additionally, Micron Technology also expects adjusted earnings per share for the fourth quarter to be $2.78 to $2.92.