MU is trading at $440.08 (-4.69%) in pre-market following a $25 billion spending plan and broader market pressure from Middle East energy disruptions.
- Micron reported stellar Q2 results on March 18 with revenue of $23.86B and EPS of $12.20, crushing analyst estimates driven by surging AI demand.
- Broader markets are facing headwinds as oil prices surge past $105/bbl, weighing on futures despite the company's strong fundamental performance.