Micron Shares Slipping 8% After Hours 'Bad News' But 'Good News' Is The AI Trade Is Intact, Says Gene Munster
Micron Shares Slipping 8% After Hours 'Bad News' But 'Good News' Is The AI Trade Is Intact, Says Gene Munster
Micron Technology Inc. (NASDAQ:MU) experienced a significant drop of nearly 8% in after-hours trading, following its latest earnings report. However, Gene Munster, the managing partner at Deepwater Asset Management, remains optimistic about the company's AI prospects.
納斯達克股票代號爲MU的美光科技公司在最新的業績發佈後，盤後交易出現了近8%的顯著跌幅。不過，不太深海資產管理有限公司的管理合夥人Gene Munster對該公司的人工智能前景仍然持樂觀態度。
What Happened: Munster on X, pointed out that the pressure point of High Bandwidth Memory revenue, which accounts for 2% of the total revenue, is lower than in previous quarters. He predicted a 10-15% increase in HBM revenue for the next year. "Good news is the AI trade is intact," he said.
事件經過：Munster在X上指出，高帶寬內存收入的壓力點佔總收入的2%，低於以前的季度。他預計下一年高帶寬內存收入將增長10%-15%。他說，“好消息是人工智能交易依然完好無損。”
He explained that the earnings report was not impressive enough to excite fast-money investors, leading to the stock sell-off. However, Micron's AI story remains intact, with an 82% year-over-year growth and a projected 90% growth in line with the Street's expectations.
他解釋說，業績並未令快錢投資者感到印象深刻，導致了股票的拋售。然而，美光科技的人工智能故事仍然完好無損，同比增長了82%，預計增長90%，符合市場的預期。
Bad news is $MU is down 7% in after hours. Good news is the AI trade is intact. pic.twitter.com/ZYFd0vQJ6X
— Gene Munster (@munster_gene) June 26, 2024
不好的消息是Micron Technology Inc.的股價在盤後下跌了7%，好消息是人工智能交易依然完好無損。pic.twitter.com/ZYFd0vQJ6X
— Gene Munster (@munster_gene) 2024年6月26日
Munster emphasized that the most crucial aspect of the update is Micron's plans to ramp up HBM this year, aiming to capture a significant market share of around 20% next year, up from zero at the beginning of the year.
Munster強調，這次更新的最關鍵方面是美光科技計劃今年推出HBM，旨在在明年佔據約20%的顯著市場份額，而在年初則是零。
He also noted that Micron is already completely sold out of HBM through the end of 2025, a significant change from their previous forecast of being sold out for most of 2025.
他還指出，美光科技到2025年底已經完全售罄HBM，這與他們之前的預測有了顯著變化。
Why It Matters: Micron's third-quarter earnings report, released on Wednesday, revealed a revenue of $6.81 billion, surpassing the consensus estimate of $6.634 billion. The company also reported an adjusted earnings of 62 cents per share, beating analyst estimates of 49 cents per share.
爲什麼這很重要：美光科技週三發佈的第三季度業績顯示，營業收入爲68.1億美元，超過市場預估的66.34億美元。公司還報道了每股62美分的調整後收益，超過分析師的預估每股49美分。
Micron has consistently outperformed analyst expectations, beating estimates on both top and bottom lines for five consecutive quarters. The company's focus on expanding AI-driven opportunities has been a significant factor in its recent performance.
美光科技一直超出了分析師的預期，在過去的五個季度中上下線收益均表現良好。該公司專注於擴大基於人工智能的機會是最近表現良好的重要因素之一。
Despite the current stock drop, Micron's long-term outlook remains positive, particularly with its plans to increase HBM revenue and market share.
儘管目前股票價格出現下跌，但美光科技的長期前景保持積極，尤其是其增加HBM收入和市場份額的計劃。
Price Action: Micron Technology Inc. closed at $142.36 on Wednesday, up 0.88% for the day. In after-hours trading, the stock dropped to $131.00, a decline of 7.98%. Year to date, Micron has seen a substantial increase, rising by 72.89%, according to data from Benzinga Pro.
股價行情：美光科技公司週三收盤價爲142.36美元，上漲0.88%。在盤後交易中，股價下跌至131.00美元，下跌7.98%。年初至今，美光科技公司股價大幅上漲72.89%，根據Benzinga Pro的數據顯示。
Image Via Shutterstock
圖片來自Shutterstock。
This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
本報道使用Benzinga Neuro生成，並由Kaustubh Bagalkote
譯文內容由第三人軟體翻譯。