NVIDIA CorporationNVDA
▲ PositiveCapitalrelevance
Nvidia's Q3 earnings expected to rise 90% on 91.2% higher revenues, leading the tech surge.
Impact on assets 5
Artificial Intelligence
NVIDIA Corporation
Alphabet Inc Class CGOOG
▲ PositiveCapitalrelevance
Alphabet's Q3 earnings expected up 2.1% on 27.2% higher revenues, named as a likely surprise.
Adobe Systems IncorporatedADBE
▲ PositiveCapitalrelevance
Named among companies likely to post earnings surprises; reporting cycle began with Adobe's September 10 release.
Oracle CorporationORCL
▲ PositiveCapitalrelevance
Oracle named among likely earnings surprises; reporting cycle began with its September 10 release.
Semiconductors
Micron Technology IncMU
▲ PositiveCapitalrelevance
Micron's Q3 earnings and revenues seen up 938% and 349.5%, reporting August-quarter results Sept 30.
Theme Impact 4
Off-coverage companies
Related news
United States▲3impact 4
Micron Adds $43 Billion in Quarterly Sales as AI Demand Drives Blowout Earnings
Micron beat sales and profit forecasts for its latest quarter, driven by voracious demand from the AI boom, with guidance also strong except for margin comments on the earnings call that may have caused a muted market reaction. The memory chipmaker added about $43 billion in sales during the most recent quarter compared to the year-ago quarter, and more than $13 billion in sales from the quarter reported three months ago. Operating margins exploded in all business segments, exceeding 80% in some segments. Micron executives signaled tight capacity and higher prices for its products until 2028, with D.A. Davidson analyst Gil Luria saying expectations for tightening supply-demand conditions through both 2027 and 2028 meaningfully extend the industry's runway for strong pricing and earnings growth. The stock trades on a single-digit forward P/E ratio.
About megatrends
Semiconductors › Memory — DRAM, NAND & HBM ▲Demand
Artificial Intelligence › HBM & AI Memory ▲Demand
MU · Capital · Positive Micron beat sales and profit forecasts with blowout earnings and strong guidance driven by AI demand.
MU · Pricing · Positive Executives signaled tight capacity and higher prices for its products until 2028, extending strong pricing and earnings growth.
United States▲impact 4
Sandisk Data-Center Revenue Hits $2.98 Billion as AI Storage Boom Lifts Profits
Sandisk Corporation reported $8.97 billion in fiscal fourth-quarter revenue, with $2.98 billion coming from data centers, roughly 33% of the quarter's total, while edge revenue was $5.43 billion and consumer revenue $556 million. Data-center revenue rose from $213 million a year earlier, and its full-year contribution was $5.15 billion out of total sales of $20.25 billion, or about 25%. The company earned $6.90 billion in the quarter and $11.43 billion in fiscal 2026, and reported an 84.6% GAAP gross margin while guiding to an 83% to 84.9% GAAP range for the next quarter. On August 13, Sandisk said eight structured customer agreements covered roughly half of fiscal 2027 bits and two-thirds of fiscal 2028 bits, with minimum financial guarantees, and management's fiscal 2028 to 2030 model targets about 80% adjusted gross margin and 50% adjusted free-cash-flow margin. Short interest stood at 5,618,213 shares on September 15, about 3.8% of float and 0.56 days to cover, and Insider Monkey's hedge fund database counted 128 hedge-fund holders in Q2 2026, up from 114 in Q1.
About megatrends
Semiconductors › Memory — DRAM, NAND & HBM ▲Demand
Cloud & Digital Infrastructure › Enterprise Data Storage Systems ▲Demand
SNDK · Capital · Positive Sandisk reported blowout fiscal Q4/FY2026 results with $8.97B revenue, $6.90B quarterly earnings, and 84.6% GAAP gross margin.
SNDK · Demand · Positive Data-center revenue surged to $2.98B from $213M a year earlier, and eight structured customer agreements cover roughly half of FY2027 bits.
United Statesimpact 4
Micron's Low P/E Hinges on Whether Memory Profits Hold
Micron Technology's fiscal 2026 results leave investors weighing how much of its memory-shortage profit can erode before the stock stops looking cheap. At its September 30 close of $1,065.11, the company carried a roughly $1.2 trillion equity value against $84.97 billion of fiscal 2026 net income, about 14 times annual earnings. Micron reported $133.19 billion of annual revenue, with its final quarter generating $54.23 billion and an 86.8% GAAP gross margin, and guidance for the next quarter calls for $61.5 billion of revenue, plus or minus $1.5 billion, at an approximately 85.95% GAAP gross margin. Management said 26 take-or-pay agreements cover over 35% of estimated revenue through 2030, with most revenue under a defined pricing framework carrying floor-and-ceiling bands, and it expects margins at floor prices above prior cycle peaks. Micron produced $89.68 billion of fiscal 2026 operating cash flow and $62.31 billion of adjusted free cash flow after $27.37 billion of net capital expenditure, an approximately 5.2% cash yield on the $1.2 trillion equity value.
About megatrends
Semiconductors › Memory — DRAM, NAND & HBM Pricing
Artificial Intelligence › HBM & AI Memory Pricing
MU · Capital · Positive Micron's fiscal 2026 results show $84.97B net income, 86.8% gross margin, and $62.31B adjusted free cash flow, supporting its low ~14x P/E valuation.