Micron Technology's stock closed up 6.1% at $1016.59 last Friday, marking its first close above the $1000 mark since August 17. Meanwhile, South Korean memory chip peers SK Hynix and Samsung Electronics surged 8.3% and 5.7% respectively in the South Korean market on Monday, providing positive signals for further upside in Micron's stock. The market is currently focused on Micron's fourth-quarter earnings report, due on September 30. FactSet data shows that adjusted earnings per share for the quarter are expected to jump significantly from $2.84 in the same period last year to $30.89, with revenue projected to increase from $11.32 billion to $50.41 billion.