Western Digital is mentioned as a traditional maker of spinning drives, contrasting with the NAND flash technology used in modern devices.
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$MU Earnings Blowout: $23.8B Revenue, so Why is the Stock Still Flat?
Micron (MU) reported an earnings blowout with revenue significantly exceeding estimates, driven by strong DRAM and NAND performance. Despite the exceptional results and guidance, the stock price showed a muted reaction, leading the creator to express surprise and consider buying more shares if the price remains down. The company also highlighted strong cash flow and shareholder returns.
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Nvidia is mentioned as a comparison point for growth, with the creator noting that even Nvidia did not achieve the same quarter-over-quarter revenue growth as Micron.
The creator is considering buying more Micron shares if the stock price remains down after an earnings blowout, citing the company's exceptional revenue growth and guidance.
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