Semiconductor company Micron Technology ($MU) is scheduled to announce its results for the fourth quarter of Fiscal 2024 after the market closes

Micron Technology Inc. (NASDAQ: MU) has experienced a nearly 40% decline since mid-June, despite being a key beneficiary of the artificial intelligence boom, which significantly improved its profits and revenues in 2024.

Shares of Micron Technology Inc. MU rose 2.94% to $93.57 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.28% to 5,718.57 and the Dow Jones Industrial Average DJIA rising 0.15% to 42,124.65.

Micron Technology's latest earnings report releases later this month. Here's what you should you know before that happens?

Micron Technology will report fiscal fourth-quarter earnings after the bell Wednesday, with analysts expecting the memory chip maker and Nvidia partner to swing to a profit.

In a recent episode of Mad Money, Jim Cramer advised investors to hold onto their stocks, anticipating a rebound after the market’s downturn. This advice proved useful as the Dow rose by 484 points or 1.16% and the NASDAQ also climbed by 1.16%, indicating that selling during the market decline was not the best choice.

Shares of Micron Technology Inc. MU rallied 1.85% to $90.90 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.09% to 42,063.36 and the S&P 500 Index SPX falling 0.19% to 5,702.55.

Micron Technology reports earnings next week, and while many analysts are pessimistic about what guidance the chip maker will provide, this Citi analyst still says buy the stock. Citi analyst Christopher Danely wrote in a research note on Friday that he spent time chatting with investors this week about their expectations for Micron’s earnings,

Micron (MU) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month,