• Micron (MU) beat fiscal Q3 expectations and gave upbeat Q4 guidance. Shares surged 244% in Q2, the largest quarterly rise in company history—key data for traders watching momentum and guidance.
  • Micron secured long-term supply deals covering ~40% of revenue with minimum price commitments; management targets 70%–75% gross margins to stay above prior peaks.
  • Micron CBO Sumit Sadana said large customers pushed memory prices below market in 2023, cutting Micron’s investment in capacity and contributing to current supply constraints.
  • Micron (MU) pledges $250M to support child savings accounts, matching employee contributions up to $1,000 per child and a $250 seed deposit, aiming to reach up to one million children.