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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (20686)	9/25/2024 6:48:41 PM
From: Kirk ©	2 Recommendations Recommended By berniel Return to Sender Respond to of 27117

LRCX AH chart AMAT and LRCX are up big after hours on the Micron news. Google AI saves the day too.... I axed it "micron capital equipment budget earnings call" and got: Micron Technology, Inc. (Nasdaq: MU) held a conference call on September 25, 2024 to discuss their fourth quarter financial results and first quarter guidance. The company's full-year fiscal 2024 capital expenditure (capex) is expected to be around $8.0 billion. The average quarterly capex in fiscal 2025 is expected to be significantly higher than the fiscal Q4 2024 level of around $3 billion. Here are some other highlights from Micron's fourth quarter fiscal 2024 results: Revenue: $7.75 billion, a 93% increase year-over-year GAAP net income: $887 million, or $0.79 per diluted share Non-GAAP net income: $1.34 billion, or $1.18 per diluted share Operating cash flow: $3.41 billion, a significant increase from $249 million in the same period last year Key is "significantly higher "