Micron Technology (NASDAQ:MU) stock closed 7.96% on May 27. The company provided a strong outlook for the fiscal third quarter. On Wednesday, Micron announced in a regulatory filing that it would increase its profit and revenue outlook for the May-ending quarter. Now, the company expects its third-quarter revenues to be $5.2 billion–$5.4 billion. Micron also expects its adjusted EPS to be $0.75–$0.80 in the upcoming quarter. During the second-quarter earnings call, Micron expected third-quarter revenues of $4.6 billion–$5.2 billion with an EPS of $0.40–$0.70.