Micron reports Q4 earnings on Sept. 30. They are expected to beat estimates due to a supply and demand imbalance in the memory market. AI chip production is eating up high bandwidth memory supply, which has driven up prices for standard DRAM and NAND. Micron is heavily exposed to these conventional memory types, so they are benefiting from the high prices. Even with a strong report, the stock might not see much movement. Investors are getting cautious about when this memory supercycle will end. Since Micron lags behind SK Hynix and Samsung in high bandwidth memory, they are more vulnerable to price drops in standard memory if the market turns. Management guidance will be watched closely, but investors are already skeptical of how long the cycle will last.