Shares of Micron Technology (MU) edged lower by 0.4% in afternoon trade on Wednesday, ahead of the company’s second-quarter earnings, scheduled for after the bell on March 20. According to Koyfin data,

According to analysts at Citi, Micron’s DRAM sales are expected to decline 4% QoQ in F2Q25 to $6.16B on typical seasonality. However, they expect DRAM sales to increase 1% QoQ in the third quarter on better mobile DRAM demand. On Micron’s NAND sales, Citi expects a decline of 26% QoQ to $1.66B on weaker pricing and a slowdown in eSSD demand.

Micron is scheduled to report fiscal second-quarter results after the market closes Thursday, with analysts largely bullish on the memory chipmaker's stock.