From Zacks Investment Research: 2025-06-18 17:00:00

Micron Technology, Inc. (MU) stock has soared 90% since early April and 45% in 2025. Despite trading 20% below its June 2024 highs, Micron’s earnings and revenue growth outlook is staggering for FY25 and FY26. The company is a leader in high-bandwidth memory chips critical for AI workloads, working with Nvidia and AMD. Micron’s AI-driven growth is projected to boost revenue by 41% in FY25 and 31% in FY26, with adjusted earnings expected to skyrocket by 433% in FY25 and 56% in FY26.

Micron’s advanced high-bandwidth memory (HBM) technologies are crucial for AI workloads, with HBM sales reaching over $1 billion for the first time in Q2 FY25. Micron’s HBM chips are used by Nvidia and AMD, and the company’s AI-focused growth outlook is promising. Micron’s stock is trading at a discount to the Tech sector and offers a strong long-term investment opportunity for AI growth. With a robust balance sheet, dividends, and impressive earnings growth, Micron is poised for continued success in the semiconductor industry.



Read more at Zacks Investment Research: Buy Nvidia, AMD Supplier Micron Stock Down 20% for AI Growth – June 18, 2025