From Nasdaq: 2025-03-28 17:00:00

Micron Technology (NASDAQ: MU) stock is up 15% in 2025 after releasing its fiscal Q2 results. The company saw a 38% revenue increase and non-GAAP earnings jumped 3.7x to $1.56 per share. Demand for high-bandwidth memory (HBM) for AI data centers is driving growth, with HBM chips generating over $1 billion in revenue last quarter. Micron’s HBM business is expected to remain a key growth driver, with plans to ramp up production capacity. The company’s outlook for the current quarter includes a 29% revenue jump and earnings forecast of $1.57 per share, making it a top stock to buy now.

Investing in Micron Technology could be a smart move due to its strong growth and prospects in the HBM market. The company is experiencing high demand for its HBM chips, selling out its entire 2025 capacity. Micron expects continued strong HBM demand in 2026 and has increased its total addressable market estimate to $35 billion. With an attractive valuation and potential for significant growth, Micron Technology is positioned as a top stock to watch.



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