Micron Technology (MU.US), the largest memory chip manufacturer in the USA, will announce its first quarter earnings for the fiscal year 2025 on Wednesday after Post-Market Trading (the morning of December 19 Beijing time). Wall Street expects Micron's revenue for this quarter to reach $8.72 billion, an 84% year-on-year increase, with profits of $1.84 billion, which equates to an EPS of $1.58, compared to a loss of $1.23 billion, or an EPS loss of $1.12, in the same period last year. It is worth mentioning that, a week before the earnings release, Micron Technology received up to $6.165 billion in federal government grants to produce Semiconductors in the USA according to the 2022 CHIPS and Science Act.