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Impact · against what's priced in

The signing of the 21st Century Road to Housing Act provides a positive regulatory catalyst for homebuilders. Micron's high expectations for fiscal Q3 earnings are a volatility risk, though the company's historical beat streak provides a buffer.

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In context

Micron faces extremely high expectations with projected earnings growth of 998% and revenue growth of 292% for fiscal Q3.

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• semiconductors
• earnings
• guidance
• ai
• MU
• KBH
• LEN
• PHM
• nasdaq
• tech spending

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