Micron Technology will release its financial report, and the market expects a valuation fluctuation of over 150 billion dollars.

Micron Technology will announce its fiscal third-quarter results after the US stock market closes on Wednesday. The market expects the stock price to fluctuate by about 14% following the earnings report, corresponding to a market cap change of over $150 billion. Market expectations are for Micron's revenue to grow by 279% year-on-year to $35.3 billion, with adjusted earnings per share rising from $1.91 to $20.28. Analysts expect Micron's fourth-quarter revenue to reach $42.5 billion, with adjusted earnings per share at $24.80. Micron's gross margin reached 74.4% in the second quarter, and the company expects it to reach 81% in the third quarter. The market is closely watching management's assessment of whether the tight supply of storage related to data centers and AI will persist beyond 2026.