Micron experienced incredible sales and earnings growth last year due to soaring demand for AI memory chips, with a stock price surge of 239.1%. Revenue in fiscal 2025 reached $37.38 billion, up from $25.11 billion in fiscal 2024, with adjusted earnings per share at $8.29 compared to $1.30 the prior year.

In the first quarter of the current fiscal year, revenue rose 56.6% to $13.64 billion, and adjusted earnings per share surged 167% to $4.78. Micron sold out of HBM chips through 2026 and shifted focus to the enterprise market, leading to an additional 27.1% stock gain in 2026.

The company is constructing new production plants and acquiring fabrication facilities to meet demand for AI memory chips. Micron’s stock price has continued to rise, fueled by expectations of sustained high demand for HBM chips and efforts to increase production capacity. Micron’s momentum and growth potential remain strong as it aims to meet 60% of the demand for AI memory chips this year.

Read more at Yahoo Finance: Why Micron Stock Skyrocketed 239.1% Last Year and Has Kept Rallying in 2026