Micron Technology is set to double its earnings in the upcoming fiscal year, driven by a substantial increase in memory chip demand, particularly for data centers and AI infrastructure. The company reported fiscal 2025 revenues of $37.4 billion and non-GAAP earnings per share of $8.29, reflecting significant growth from the previous year. Analysts predict Micron will continue this upward trajectory, with expected revenue growth of 62% and earnings per share expected to reach $16.68. Additionally, the firm is strategically pivoting toward AI-specific innovations while maintaining key customer relationships in China.
“Micron Technology · has seen · a sharp jump in revenue and earnings · in recent quarters”
“Analysts · are expecting · this chipmaker to double its earnings · in the new fiscal year”
“Micron Technology · is set to win big from · secular growth in memory chip demand”
“Micron · had revenue of · $37.4 billion · in fiscal 2025”
“Micron's non-GAAP earnings per share · increased to · $8.29 per share · in fiscal 2025”
“Micron's operating income margin · jumped by · almost 4x · last fiscal year”
“Micron · generated · $2.6 billion in revenue from mainland China · in the previous fiscal year”
“Micron · will continue to sell · data center memory chips to Chinese customers · who have established their operations outside the country”
“Goldman Sachs · is predicting · a 23% increase in GPU-related HBM demand · next year”
“Micron's cloud memory business unit (CMBU) · saw a · 3.5x jump in revenue · to $13.5 billion in the previous fiscal year”
“$4 trillion · could be spent on · AI infrastructure · by the end of the decade”
“Micron management · says that it now has · six customers for HBM chips”