So, Micron (MU +2.41%) stock did a little jig today, up 2.3% by noon. And the reason? They announced they’re going to announce earnings. It’s like getting excited about the preview of a trailer. We’re living in layers of anticipation, people.
The Earnings Event Horizon
Last night, Micron dropped a press release confirming their Q2 2026 earnings report is scheduled for March 18th. A month away! Honestly, it feels like we’re back in college, counting down to spring break based on a vague promise of future relaxation. But investors are already bidding up the stock? It’s…a choice.
This is where things get interesting. It’s not just about Micron. It’s about Nvidia (NVDA +2.42%). Nvidia, the company that makes chips so fast they probably judge you for being slow, reports tonight. And the expectations? Let’s just say they’re aiming for the stratosphere.
The current forecast is for Nvidia to report:
- Sales up 68% to $66.2 billion. That’s a lot of silicon.
- Earnings up 73% to $1.54 per share. I’m pretty sure my entire college tuition didn’t add up to that.
Now, historically, Micron and Nvidia have a…symbiotic relationship. Nvidia needs Micron’s high-bandwidth memory for its fancy chips. It’s like a very expensive, high-tech friendship. So, a good Nvidia report is generally a good sign for Micron. Investors are basically pre-celebrating a party they haven’t even been invited to yet.
But What About Micron Itself?
Let’s circle back to Micron, shall we? What are the actual expectations for their earnings next month? Buckle up. The Wall Street hive mind is predicting a rather…robust quarter. Sales are forecasted to jump a staggering 135% to $18.9 billion. That’s a number that makes me question all my life choices. Earnings are expected to explode by 444% to $8.50 per share. At this point, I’m half expecting Jeff Bezos to offer Micron’s CEO a ride to space.
And, you guessed it, the better Nvidia does tonight, the more likely all of this actually happens for Micron next month. It’s a pyramid scheme of optimism, really. But hey, in this market, sometimes you just have to lean into the absurdity.
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2026-02-25 20:23