These chip stocks are up on strong earnings [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here. Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, Semiconductor stocks are just starting to show big signs of life again. --------------------------------------------------------------- Company: Micron (SYM: MU) Just look at Micron (SYM: MU), for example. After plummeting to $85, the stock just exploded to $109.88. All thanks to strong earnings and guidance. For its fourth quarter, the company’s EPS of $1.18 beat by seven cents. Revenue of $7.75 billion, up 93.3% year over year, beat by $100 million. “Looking ahead, Micron expects revenue for the first-quarter to be between $8.5B and $8.9B, with the midpoint of $8.7B above the $8.32B estimate. The company also said it expects to earn between $1.66 and $1.82 per share on an adjusted basis, with the midpoint of $1.74 above the $1.52 consensus estimate,” as noted by Seeking Alpha. --------------------------------------------------------------- Paradigm Press [AI “wealth window” will close October 9th](
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