Micron Technology shares surge over 6% as fiscal Q4 revenue and profit outlook exceed estimates, driven by AI demand.

Micron Technology shares surge over 6% as fiscal Q4 revenue and profit outlook exceed estimates, driven by AI demand.

Micron Technology, Inc. (MU) shares surged by over 6% on June 19, 2025, following the company's announcement that its fiscal Q4 revenue and profit outlook exceeded analysts' estimates. The positive news was driven by robust demand for artificial intelligence (AI) driven memory products, which contributed to the company's strong financial performance.

In the third quarter of fiscal 2025, Micron reported record revenue of $9.30 billion, up from $8.05 billion in the previous quarter and $6.81 billion for the same period last year. The company also reported GAAP net income of $1.89 billion, or $1.68 per diluted share, and non-GAAP net income of $2.18 billion, or $1.91 per diluted share. Operating cash flow increased to $4.61 billion, up from $3.94 billion in the prior quarter and $2.48 billion for the same period last year [2].

Micron's fiscal Q3 2025 highlights include record DRAM revenue, with nearly 50% sequential growth in high-bandwidth memory (HBM) revenue. Data center revenue more than doubled year-over-year and reached a quarterly record, while consumer-oriented end markets also experienced strong sequential growth. The company's strong performance was driven by the growing demand for AI-driven memory products, which are critical for data-intensive applications such as machine learning and deep learning [2].

Looking ahead to fiscal Q4 2025, Micron projects revenue to grow another 15% sequentially. This growth is expected to be driven by continued demand for AI-driven memory products and strong performance in key end markets, including data centers and consumer electronics. The company is also investing in its technology leadership and manufacturing excellence to meet the growing demand for AI-driven memory [2].

The surge in Micron's stock price reflects investors' optimism about the company's ability to capitalize on the growing demand for AI-driven memory products. The positive outlook for Micron's fiscal Q4 revenue and profit is also supported by the broader trends in the semiconductor industry, which has seen strong demand across various sectors, including data centers, consumer electronics, and automotive [1].

References:

[1] https://www.indexbox.io/blog/micron-technologys-upcoming-earnings-report-what-to-expect/
[2] https://www.globenewswire.com/news-release/2025/06/25/3105428/14450/en/Micron-Technology-Inc-Reports-Results-for-the-Third-Quarter-of-Fiscal-2025.html