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Micron Technology earnings in spotlight as investors look for signs of sustained AI demand

As reported by mint - markets
Micron Technology shares dipped 1% to $1,028 amid high expectations for fiscal Q3 results, driven by AI demand. The company, valued above $1 trillion, faces concerns over market sustainability and high valuations, with anticipated earnings of $20.83 per share on $35.75 billion revenue.
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Micron Technology shares saw a 1% dip, trading at $1,028, as investors keenly await its fiscal Q3 results. Expectations are high due to strong AI demand, but concerns persist regarding market sustainability and the company's over $1 trillion valuation. Analysts anticipate…

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