Micron Slips 4%: NVIDIA's HBM Supplier Just Posted Record Results, So Why Is It Falling?

Micron's post-earnings dip won't last, and the stock could bounce to new highs, charts show

Micron shares have been on a tear, but the stock slipped after the company posted earnings. The charts suggest this dip could present an opportunity.

Micron Slips 4%: NVIDIA's HBM Supplier Just Posted Record Results, So Why Is It Falling?

Quick Read Micron (MU) posted record fiscal Q2 2026 revenue of $13.64B (up 56.6% YoY), crushing estimates with non-GAAP EPS of $4.78 beating by 21%, while its Cloud Memory Business Unit revenue nearly doubled to $5.28B. The company also reported 66% gross margins, driven by HBM chips for NVIDIA (NVDA)’s AI GPUs. MU stock fell 4% despite exceptional results because the market had priced in perfect performance before earnings and is now applyin…

Thursday’s Market Movers: Micron (MU) Dips Despite Earnings Win, Five Below Soars

Key Highlights Micron (MU) declined approximately 5% despite surpassing earnings forecasts and announcing a 30% dividend increase, as traders locked in gains following a 348% annual rally Five Below jumped roughly 8% following a remarkable 15% increase in comparable store sales and optimistic projections for 2026 Alibaba’s American depositary receipts slid 4.5% following a significant profit decline and revenue that missed Wall Street expectati…

Micron Stock Slips Despite Strong Q2 and 30% Dividend Boost. Should You Buy the Dip?

Micron is set to deliver strong growth, while its stock trades at a forward earnings multiple that appears modest.