Broadcom and Oracle Debacles Put Micron Earnings Under Microscope

Micron Technology Inc., one of the hottest stocks in the market this year, is reporting earnings after the close on Wednesday, and the pressure is on with investors growing increasingly skeptical about the artificial intelligence trade.

“It has to keep showing that it has accelerating momentum,” said Louis Navellier, chief executive officer of Navellier & Associates. “If we see a deceleration, it could be devastating for the stock.”