Broadcom and Oracle Debacles Put Micron Earnings Under Microscope
Summarize this article with:
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The AI Race:Micron Technology Inc., one of the hottest stocks in the market this year, is reporting earnings after the close on Wednesday, and the pressure is on with investors growing increasingly skeptical about the artificial intelligence trade.“It has to keep showing that it has accelerating momentum,” said Louis Navellier, chief executive officer of Navellier & Associates. “If we see a deceleration, it could be devastating for the stock.”