Micron Technology exceeded earnings and revenue expectations, with a strong forecast for the current quarter. Earnings per share were $3.03 adjusted, beating the $2.86 expected. Revenue was $11.32 billion, surpassing the $11.22 billion estimate. Micron expects revenue of $12.5 billion in the fiscal first quarter. The company’s net income rose to $3.2 billion. Micron’s shares have nearly doubled in 2025, benefiting from the AI boom. CEO Sanjay Mehrotra highlighted Micron’s unique position in the AI market. Overall company revenue increased by 46% year-over-year. Micron’s unit selling memory for cloud providers saw sales triple, while the data center unit experienced a 22% decline in revenue.

Read more at CNBC: Micron (MU) Q4 2025 earnings report