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RE: LeoThread 2025-03-21 12:38

Data center revenue tripled, the company said.

Revenue for the fiscal third quarter will be about $8.8 billion, Micron said, topping the $8.5 billion average analyst estimate, according to LSEG. Adjusted earnings will be roughly $1.57 a share, the company said, beating the $1.47 average estimate.

Prior to Thursday's close, Micron shares were up 22% for the year, while the Nasdaq is down more than 8%.

Micron will host its quarterly call with investors at 4:30 p.m. ET.