Why Investors Are Disappointed With Micron's Earnings Report

The video discusses Micron's disappointing future forecast and gross margin expectations, despite a slight revenue increase. Analysts were optimistic about NAND and DRAM prices, but recent earnings suggest this optimism may have been premature. Trade tensions and tariffs, particularly with China, pose significant challenges for Micron, which derives a large portion of its revenue from China. Despite these challenges, the broader chip industry shows resilience, with significant gains in the technology sector compared to major indices.

What was the main reason for disappointment in Micron's future forecast?

• Higher than expected revenue

• Flat or declining gross margins

• Increased market share

• Improved DRAM prices

What was the analysts' expectation regarding DRAM prices?

• They would continue to decline

• They would stabilize

• They would remain unchanged

• They would start to increase

How much of Micron's revenue is derived from China?

• 75%

• 100%

• 50%

• 25%

What is the performance of the semiconductor index compared to the S&P 500 and Dow Jones?

• Higher than both

• Equal to both

• Lower than both

• Only higher than the S&P 500

What is the general sentiment about the semiconductor industry's future?

• Neutral with no expected changes

• Optimistic with anticipation of improvement

• Pessimistic due to trade issues

• Concerned about declining technology sector