Fed Rate Hikes Loom Over Micron (MU) as September Decision Nears

The Federal Reserve's September monetary policy meeting is casting a shadow over the semiconductor sector, particularly Micron Technology ($MU+WL). While Micron is poised to report strong fiscal fourth-quarter results on September 30, market sentiment is increasingly swayed by the prospect of interest rate adjustments. Current projections indicate a greater than 60% probability of a rate hike in September 2026, a notable increase from the prior week, attributed to hawkish remarks from Federal Reserve officials. This potential shift in monetary policy could significantly influence the outlook for memory chip producers.

### Story Arc / How We Got Here

This follows our earlier coverage ([Boeing (BA) Declines 0.9% Post-Earnings, Lagging S&P 500](/explore/boeing-ba-declines-0-9-post-earnings-lagging-sp-500)) on 2026-08-27. Boeing shares have slipped 0.9% since its last earnings report, underperforming the S&P 500 and raising questions about its near-term trajectory. The aerospace giant faces investor scrutiny following a wider-than-expected adjusted loss in its most recent quarterly results. The stock's performance since its Q2 print underscores ongoing market sentiment. The company reported an adjusted loss of $0.76 per share, missing analyst consensus. While total revenue rose 8% year-over-year to $24.56 billion, narrowly beating estimates, the wider loss and segment performance are key points for investors. …