I believe that $Micron Tech(MU.US)will close up more than 8.6% post earnings. Micron's earnings moves are notoriously explosive. When Micron beats and raises guidance during a memory boom, it regularly clocks double digit percentage gains the next day.
Since Micron's HBM capacity is fully presold, I believe the upside breakout will be above USD 1145 to USD 1175. Baird recently pushed its price target for Micron to USD 1520.
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