How did Micron's revenue trends shift in Q1 2025?

Micron Technology's revenue trends in Q1 2025 showed a shift from the previous quarter, with a notable decline in total revenue and a significant year-over-year growth rate decrease. 1. **Decline in Total Revenue**: The total revenue for Micron Technology in Q1 2025 was $8.05 billion. This is a substantial decrease from the previous quarter's revenue, which suggests a downturn in the company's performance. |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |MU|MU.O|Micron Technology|2024 Q2|57.703763877606285|5.824E9|185| |MU|MU.O|Micron Technology|2024 Q3|81.52985074626866|6.811E9|185| |MU|MU.O|Micron Technology|2024 Q4|93.26683291770573|7.75E9|185| |MU|MU.O|Micron Technology|2025 Q1|84.27845958527296|8.709E9|185| 2. **Significant Year-over-year Growth Rate Decrease**: The year-over-year growth rate in revenue for Q1 2025 was only 0.38%. This is a significant decrease from the growth rate in the previous quarter, indicating a sharp slowdown in revenue growth. The combination of a significant decline in total revenue and a substantial decrease in growth rate suggests that Micron Technology faced a challenging quarter in terms of revenue.