Micron Technology announced its fiscal fourth quarter and full year 2025 results, exceeding Wall Street estimates.
The company’s performance was driven by increasing demand for AI data centers, which now make up 40% of Micron’s revenue.
The company’s full-year revenue reached $37.38 billion versus $25.11 billion for the prior year.
In Q2, the Idaho-based memory chipmaker reported revenue of $11.3 billion, ahead of analyst estimates of $11.15 billion, with adjusted earnings per share of $3.03 topping projections of $2.84.
Micron’s high-bandwidth memory (HBM) products, used in Nvidia’s GPUs, have been particularly important for its revenue growth.
“Sanjay Mehrotra, CEO of Micron told investors, “Micron closed out a record-breaking fiscal year with exceptional Q4 performance, underscoring our leadership in technology, products, and operational execution. In fiscal 2025, we achieved all-time highs across our data center business and are entering fiscal 2026 with strong momentum and our most competitive portfolio to date. As the only U.S.-based memory manufacturer, Micron is uniquely positioned to capitalize on the AI opportunity ahead.”
In an earnings call, Mehrotra stated, “Over the coming years, we expect trillions of dollars to be invested in AI, and a significant portion will be spent on memory, As the only US-based manufacturer of memory, Micron is uniquely positioned to benefit from the AI opportunity ahead.”
Looking ahead, Micron expects its first-quarter revenue to range between $12.2 billion and $12.8 billion.
Following the announcement, Micron stock climbed 2% in premarket trading.
By CEO NA Editorial Staff
