Micron clears its earnings test, and guides higher still

Micron Technology (MU) beat its own target for the quarter ended October 1, with earnings of $33.42 a share against a $32.56 estimate. The memory maker also guided the year ahead above the quarter it just posted, and said most of its 2027 AI-memory supply is already locked in at higher prices. Leopold Aschenbrenner holds it big.