Micron (MU) Stock Rockets on AI Boom – Analysts See More Upside
Micron crushed expectations in its latest earnings. In Q4 FY2025 Micron posted $11.32 B revenue – a 46% jump year-over-yearts2.tech – and non-GAAP EPS of $3.03ts2.tech. For the full year, revenue topped $37.38 Binvestors.micron.com, with non-GAAP net income $9.47 B versus $1.30 a year agoinvestors.micron.com. CEO Sanjay Mehrotra lauded the results as a “record-breaking fiscal year” and highlighted that Micron is entering FY2026 “with strong momentum and our most competitive portfolio to date”investors.micron.com. The surge is driven almost entirely by AI and data-center demand. Micron’s specialized AI-memory products carry premium margins. For example, the new Cloud Memory unit saw revenues jump 213% in Q4ts2.tech. Notably, Micron says its HBM3E chips are essentially sold out through 2026 on long-term contracts. This is a stark reversal from last year’s memory glut – as [49] reports, Micron’s HBM sales neared $2 billion in Q4 alonets2.tech. Put simply, data-center and AI customers are clawing for Micron’s memory, transforming what was a struggling chipmaker in 2022–24 into a high-growth leader.