Micron Technology (MU) Stock Outlook December 2025: AI Memory Supercycle, $9.6B Japan Bet and Street‑High $338 Target
Micron Technology reported record fiscal 2025 results, with Q4 revenue of $11.3 billion, up 46% year over year, and full-year revenue of $37.4 billion, up 49%. Shares traded near all-time highs at $236.50 on December 1, valuing the company at $266 billion. Micron plans a $9.6 billion HBM fab in Hiroshima, backed by Japanese subsidies. Analyst targets rose sharply, with Morgan Stanley setting a Street-high $338.