Dow Jones, Nasdaq, S&P 500 preview: Micron earnings, PCE data to test the rally - Investing.com

The US stock market's major indices are showing resilience amid ongoing market rallies, but investors are closely monitoring upcoming economic data and corporate earnings. Micron Technology, as a lead... Read original →

Micron’s upcoming earnings will signal more than pricing power in DRAM and NAND—it may mark the inflection point for sub-3nm process adoption in memory. Its EUV deployment at the 1γ node directly intensifies competition among TSMC, Samsung, and equipment vendors like ASML for scarce advanced lithography capacity beyond logic chips. Sticky U.S. PCE inflation data could delay Fed rate cuts, raising capital costs for asset-heavy firms like Micron. With SK Hynix accelerating HBM4 and Taiwan, China-based foundries expanding mature-node output, Micron must swiftly reallocate resources between AI-optimized memory and automotive-grade solutions. Over the next 18 months, the memory sector will shift from cyclical recovery to structural divergence: only players mastering HBM-CXL integration will anchor high-end ecosystems; others risk exclusion.