Micron Technology (MU) shares rose 4.3% in pre-market trading as investor optimism builds ahead of the company’s upcoming earnings report. The rally follows positive sentiment across the semiconductor sector, reflected in a 2.1% gain for the SOX index (XLK) and a 3.5% uptick in the SMH ETF.
- Micron (MU) stock rose 4.3% in pre-market trading ahead of earnings on December 12, 2025.
- Semiconductor ETF (SMH) gained 3.5%, while Nasdaq-100 (XLK) increased 2.1%.
- Average EPS forecast for Micron's upcoming quarter has risen to $1.32 from $1.25.
- Current stock price near $92.10, close to its 50-day moving average.
- Market focus on DRAM and NAND demand trends in data centers and AI applications.
- Earnings report could influence sentiment across the broader tech and semiconductor sector.
Micron Technology (MU) advanced 4.3% in early trading on Wednesday, marking one of the strongest moves in the semiconductor sector this week. The gain comes just hours before the company is scheduled to release its quarterly earnings on Thursday, December 12, 2025. Analysts are closely watching for signals on demand trends in memory chips, particularly DRAM and NAND, which remain critical to data center, AI, and consumer electronics markets. The broader tech sector is showing strength, with the Nasdaq-100 index (XLK) up 2.1% and the Semiconductor ETF (SMH) surging 3.5% over the past 24 hours. This sector-wide momentum suggests that investors are positioning for strong results from major chipmakers, with Micron’s performance expected to influence sentiment across the industry. The stock's recent 12-month range of $68.50 to $94.80 underscores its volatility, with current trading near $92.10, just above its 50-day moving average. The rally reflects growing confidence that Micron may report improved revenue guidance despite ongoing inventory adjustments in the memory market. Analysts have revised estimates upward in recent days, with the average EPS forecast now at $1.32 for the quarter, up from $1.25 a week ago. A beat on both revenue and margin expectations could trigger a broader re-rating in the semiconductor space, especially given the sector’s pivotal role in AI infrastructure and cloud expansion.