From Zacks Investment Research: 2025-06-26 18:36:00

Micron Technology reported strong fiscal Q3 results, with sales reaching a record $9.3 billion, a 37% increase from the previous quarter. The company saw AI-related product sales more than double, driven by demand for high-performance computing components. Micron’s Q3 earnings soared 208% to $1.91 per share, beating expectations. The company also forecasted record revenue for the full fiscal year, with Q4 sales expected to be $10.7 billion. Despite a nearly +50% increase in share value this year, Micron stock currently holds a Zacks Rank #3 (Hold), with potential for more upside pending positive earnings estimate revisions.



Read more at Zacks Investment Research: Buy Micron Technology (MU) Stock for AI Growth After Record Quarterly Sales? – June 26, 2025