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Earnings Suggest Strong Multiyear Narrative","url":"https://stock-news.laohu8.com/highlight/detail?id=2672756535","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672756535?lang=en_us&edition=fundamental","pubTime":"2026-10-01 18:03","pubTimestamp":1790848980,"startTime":"0","endTime":"0","summary":"1002 GMT - Micron Technology's decisive beat-and-raise earnings print suggest the company has a strong, multiyear earnings narrative, J.P. Morgan analysts write. The chip maker guided for revenue in the next quarter of $61.5 billion--ahead of consensus estimates of $56.6 billion. Micron will be able to maintain wide margins, as supply tightness in memory chips continues through 2028 at a minimum, they say. Micron's management signaled a willingness to initiate a stock repurchase program, according to JPM. \"The capital return story in our view represents a substantial multiyear value-unlock lever,\" the analysts say. Micron shares fall 0.25% 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