At Computex, yesterday Chey Tae-won, SK Hynix Chair, said 'memory' will be constrained despite aggressive expansion in bit growth, until at least 2030.
It's the end of the Q for Micron (May 29). Earnings are scheduled to be reported Wed June 24th:
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I expect Revenue of $40B and net income of $25B (EPS $24)
I expect the Q4 guide to be close to $50B and net income > $30B (EPS $29-$30)
Management seem to consistently play it very safe so +$8B-$10B is likely re the guide. It seems somewhat academic given the market conditions (every wafer sold at very high margins), demand approx 2X supply and getting more favourable for the vendor. Similar to the Nvidia cadence, ever Q is more and will be same for many many quarters.