Micron's Q3 performance exceeded expectations across the board, with the acceleration of "de-cyclical" long-term contracts worth hundreds of billions of dollars
Micron's Q3 financial report and next quarter guidance overwhelmingly surpassed expectations, with a strong lock-in of capacity through billion-level strategic long-term contracts, leading to a 16% surge in after-hours trading that ignited a "de-cyclical" value reassessment.