[CXMT's first earnings as a public company show booming sales](https://www.marketwatch.com/story/microns-chinese-rival-just-reported-its-first-earnings-as-a-public-company-and-sales-are-booming-182c6a42?mod=mw_rss_topstories)—the market's treating this like a blip. Wrong. MU posted annual revenue with a net margin and EPS, delivering strong earnings momentum: Q4 came in at $41.5B revenue with $24.67 EPS, but the trajectory masks structural headwinds.

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