Micron stock initially higher after reporting earnings

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Micron reports:EPS of $25.11 vs $20.6 estimateSees 4Q at $31 vs $25.50 estimateFor some perspective, this was a $40 stock a year ago and is now making 75% of that in a quarter. Their margins are +85% as they've absolutely put the screws to the market on pricing as AI hyperscalers plow all the money they can into the build out.Micron shares have essentially wiped out today's decline and are up 4% after hours. This article was written by Adam Button at investinglive.com.