Nvidia (NVDA) & Micron (MU) : Heavyhitters For This Reporting Season !!! ✅💪🚀🎉💯🤩👍🥰🔥

daz999999999
10-08
$Micron Technology(MU)$  

$NVIDIA(NVDA)$  

Nvidia (NVDA) and Micron (MU) are poised to throw their earnings weight around this reporting season.

The two companies are expected to account for more than one-third of earnings per share growth for the S&P 500 (^GSPC) for the third quarter, according to a ZeroHedge analysis. The platform assessed earnings estimates compiled by Goldman Sachs and FactSet.

What's more, the two semiconductor giants will generate more earnings growth than the bottom 490 S&P 500 companies combined. In total, the analysis found that AI infrastructure companies are expected to drive more than half of S&P 500 EPS growth for the third quarter.

The estimates reflect the moment we are in for the AI boom.

"We believe this is the 3rd inning of a 9-inning game, and the scale of what is now committed is the evidence," Yorkville Ives partner Dan Ives wrote. "AI infrastructure spending by the five largest cloud platforms is running on the order of $850 billion this year, a figure that rivals U.S. defense outlays and ranks among the largest contributors to fixed investment in the economy."

Ives listed Nvidia as one of his top picks from the tech sector.


Micron Technology's Q4 results for fiscal year 2026 exceeded expectations, with AI memory demand and future market supply and demand shortages driving growth.
Micron Technologies reported revenue of $54.229 billion and net profit of $37.701 billion in the fourth quarter of fiscal year 2026, both significantly exceeding market expectations. Customer long-term supply agreement procurement commitments increased to $32 billion, demand for AI memory chips was strong, and data center business revenue increased more than tenfold year-on-year. The company expects adjusted revenue to be between $60 billion and $63 billion in the first quarter of next fiscal year, with gross profit margin expected to improve during the fiscal year. The CEO and CFO of Micron Technologies revealed that the supply and demand in the storage market will be even tighter in 2027 and 2028. 26 long-term orders have been signed, and more than 75% of the production capacity has been committed to by customers. Capital expenditures for fiscal year 2027 will be approximately $25 billion, primarily for the construction of new wafer fabs.
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