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Analysis suggests that Micron (Micron) stock price could see a parabolic surge after NVIDIA (Nvidia) releases its earnings report on August 26.
svmuu.com20/08/2026 09:33
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Analysis indicates that Micron is a key supplier of High Bandwidth Memory (HBM) for NVIDIA AI chips, such as the Vera Rubin processor. Given NVIDIA's trillion-dollar order backlog, its strong earnings report and guidance are expected to boost investor confidence in the entire AI infrastructure ecosystem, thereby driving up Micron's stock price. The report projects Micron's earnings to grow by 111% to $154.89 per share in fiscal year 2027, with the stock price potentially reaching $2,323.
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