Micron's Q4 Revenue Surges 46% on AI Demand

Micron Technology, a leading semiconductor manufacturer, reported a 46% year-over-year increase in revenue for the fourth quarter, surpassing market expectations. The company's adjusted earnings per share (EPS) reached 3.03 dollars, exceeding the anticipated 2.86 dollars. Revenue for the quarter amounted to 113.2 billion dollars, slightly above the forecasted 112.2 billion dollars. This performance underscores Micron's strong position in the semiconductor industry, driven by the growing demand for artificial intelligence (AI) technologies.

The company's robust financial results are largely attributed to the high demand for high-bandwidth memory (HBM) solutions, which are essential for developing AI models. This demand has not only boosted Micron's revenue but also positioned the company favorably in the competitive semiconductor market. The increased revenue and earnings reflect Micron's strategic investments in advanced memory technologies, enabling it to meet the growing needs of the AI industry.

Looking ahead, Micron has provided a bullish outlook for the first quarter of the 2026 fiscal year. The company expects revenue to be approximately 125 billion dollars, surpassing the market average estimate of 119.4 billion dollars. Additionally, the projected EPS for the upcoming quarter is 3.75 dollars, higher than the market's forecast of 3.05 dollars. This optimistic outlook suggests that Micron is well-positioned to capitalize on the continued growth in AI and other high-tech sectors.

For the current fiscal year, Micron reported a net income of 32 billion dollars, or 2.83 dollars per share, compared to 8.87 billion dollars, or 0.79 dollars per share, in the same period last year. This significant increase in net income highlights the company's financial strength and its ability to generate substantial profits in a competitive market.

Micron's largest division, which sells memory to cloud service providers, reported sales of 45.4 billion dollars for the quarter, more than doubling from the previous year. However, the company's core data center business saw a 22% year-over-year decline in sales, totaling 15.7 billion dollars. Despite this decline, the overall revenue growth of 46% demonstrates Micron's ability to adapt and thrive in a dynamic market.

Micron's strong financial performance and optimistic outlook for the future underscore the company's leadership in the semiconductor industry. As the demand for AI technologies continues to grow, Micron is well-positioned to capitalize on this trend and maintain its competitive edge. The company's strategic investments in advanced memory technologies and its ability to meet the growing needs of the AI industry position it for sustained growth and innovation.