Micron Technology Stock (MU) Surges on Blowout Guidance: AI HBM Demand, Supply Crunch, and New Analyst Targets (Dec. 18, 2025)
Micron shares surged nearly 12% to $252.34 on Dec. 18 after the company posted record fiscal Q1 revenue of $13.6 billion and issued a bullish Q2 outlook. The company reported DRAM revenue of $10.8 billion, non-GAAP EPS of $4.78, and guided for Q2 revenue of $18.7 billion with gross margin at 68%. Investors responded to strong AI-driven demand and tight memory supply.