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Micron Technology (MU) has inched higher ahead of its second-quarter earnings release scheduled for after market close on Wednesday, March 18. Consensus is for the memory chips specialist to more than double its revenue to about $19.1 billion in Q2, helping earnings soar by an incredible 500% on a year-over-year basis to $8.52 a share.
Ahead of earnings, Micron stock is up about 55% year-to-date, but options traders continue to price in significant further upside through the remainder of 2026.