What's Going On With Micron Shares Friday?

<p><strong>Micron Technology, Inc.</strong> <a class="ticker-link" data-ticker="MU" data-exchange="NASDAQ" href="https://www.benzinga.com/quote/MU" target="_blank" rel="noopener">(NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MU">MU</a>)</a> shares are trading higher on possible continued momentum after Dell reported <a href="https://www.benzinga.com/markets/earnings/25/11/49072576/dell-delivers-mixed-q3-earnings-shares-volatile-after-hours-even-with-strong-outlook-dell-is-winning-in-ai">third quarter earnings</a> and issued strong guidance.</p>



<p>Micron shares may be trading higher as investors view Dell's results as a signal of broader strength across the tech sector.</p>



<p>Dell reported adjusted earnings per share of $2.59, beating the consensus estimate of $2.47. In addition, the company reported revenue of $27.00 billion, missing the consensus estimate of $27.12 billion.</p>



<p>Dell sees fourth quarter adjusted earnings per share of $3.50, versus the consensus estimate of $2.23. Dell also raised its fiscal year 2026 adjusted earnings per share guidance from $9.55 to $9.92, versus the consensus estimate of $9.55.</p>



<p><strong>See Also: <a href="https://www.benzinga.com/markets/tech/25/11/49113749/nebius-dropped-30-from-highs-but-its-growth-story-didnt">Nebius Dropped 30% From Highs — But Its Growth Story Didn&#8217;t</a></strong></p>



<p><strong>MU Price Action: </strong>At the time of writing, Micron shares are trading 2.62% higher at $236.29, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.</p>



<p><em>Image via Shutterstock<strong><br></strong></em><br><br></p>



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