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JPMorgan Favors This Chipmaker Ahead of Next Week’s Earnings Report

by bullnews
June 23, 2025
in Investing
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I heard someone saying something about Micron Technology and… well, my interest got piqued. It’s funny how chipmakers just grab headlines, right? Here I was, sipping my coffee, totally clueless about why, but hey, it stuck with me. Anyway, JPMorgan’s all hyped up for Micron’s earnings next week. Wall Street’s quiet – kind of like that eerie calm before a storm. But these JPM folks said they’re expecting revenue and all those fancy terms like gross margin to blow our socks off. Guess it’s all tied to this high-bandwidth memory thing — sounds techy, doesn’t it?

So, summer’s here — those lazy days when nothing much happens. But hold up, Wednesday’s gonna be wild because Micron’s spilling the beans after the bell. It’s weird how one company can turn the quiet tide, huh? I’m not a trader, but Micron’s been smashing it; up more than 44% this year. Crazy stats for a chip stock!

JPMorgan keeps saying Micron’s set to conquer and got that $135 price target — a sweet jump from $121.82. But let’s not get too carried away. They’re hitting us with a warning about tariffs or something, like demand might hiccup. Who knows? I just hope it doesn’t rain on their parade. The financial world can be a strange rollercoaster, holding on tight for a ride where numbers and percentages make hearts race. Or maybe that’s just me?

Tags: AheadChipmakerEarningsFavorsJPMorganreportWeeks
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