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(MU) Stock Jumps As Record AI Memory Profits Reset Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2672467760","media":"Simply Wall St.","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672467760?lang=en_us&edition=fundamental","pubTime":"2026-10-02 06:25","pubTimestamp":1790893535,"startTime":"0","endTime":"0","summary":"The Micron Technology share price closed up 3% today, yet the real story sits in the magnitude of the earnings jump rather than the near term pop. Traders chased the move. Long term holders are staring at a very different picture.\nQuarterly revenue reached US$54.2b and basic earnings per share hit US$33.36, both far above where Micron sat just a few quarters ago. The emotional pull is the sharp move in a high profile semiconductor stock. The fundamental anchor is a memory maker that 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The company will be comparing with a quarter when certain promotional events helped Nike's performance last year, executives say during a call with analysts. Along with that, Nike is also reducing supply in parts of the marketplace. Those actions are expected to create pressure through the rest of this fiscal year, and contribute to challenges in the current quarter, executives say. 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