Micron Technology Is Positioned For AI Factory Growth
HBMHudbay Minerals(HBM) Seeking Alpha·2024-06-17 17:50

hapabapa Micron Technology (NASDAQ:MU) will be reporting earnings on June 26, 2024, with lofty expectations for both top-line growth and some margin expansion as the firm enters the next cyclical upswing as customers have been destocking inventories for the last few quarters. Management denoted that customers are still rightsizing inventories as a result of the supply shortage followed by the surplus following the C19 supply chain lockup. As firms moved away from a bloated inventory level and back to a more ...