{"id":454583,"date":"2025-12-18T02:09:17","date_gmt":"2025-12-18T02:09:17","guid":{"rendered":"https:\/\/www.europesays.com\/us\/454583\/"},"modified":"2025-12-18T02:09:17","modified_gmt":"2025-12-18T02:09:17","slug":"micron-forecasts-surging-revenue-as-memory-demand-for-ai-stays-strong","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/454583\/","title":{"rendered":"Micron forecasts surging revenue as memory demand for AI stays strong"},"content":{"rendered":"<p>The Micron Technology offices in San Jose, California, US, on Tuesday, Dec. 16, 2025. <\/p>\n<p>David Paul Morris | Bloomberg | Getty Images<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/MU\/\" target=\"_blank\" rel=\"noopener\">Micron Technology<\/a> reported <a href=\"https:\/\/investors.micron.com\/news-releases\/news-release-details\/micron-technology-inc-reports-results-first-quarter-fiscal-2026\" target=\"_blank\" rel=\"noopener\">fiscal first-quarter results<\/a> on Wednesday that beat Wall Street expectations for sales and earnings per share, and provided a strong forecast for the current quarter.<\/p>\n<p>Micron shares rose over 7% in extended trading.<\/p>\n<p>Here&#8217;s how the memory maker did versus LSEG consensus estimates:<\/p>\n<ul>\n<li><strong>Earnings per share<\/strong>: $4.78, adjusted, versus $3.95 estimated<\/li>\n<li><strong>Revenue<\/strong>: $13.64 billion vs. $12.84 billion estimated<\/li>\n<\/ul>\n<p>In the second quarter, Micron said it expected about $18.70 billion of revenue in the current quarter, versus $14.20 billion expected by LSEG. It said adjusted earnings per share would be about $8.42, blowing away expectations of $4.78 per share.<\/p>\n<p>&#8220;This growth in AI data center capacity is driving a significant increase in demand for high-performance and high-capacity memory and storage. Server unit demand has strengthened significantly,&#8221; Micron CEO Sanjay Mehrotra said on an earnings call with analysts, adding that the company sees that server units grew in the &#8220;high teens&#8221; in 2025.<\/p>\n<p>Micron had $5.24 billion of net income during the first quarter, or $4.60 per share, versus $1.87 billion in the year-ago period, or $1.67 per share. Overall revenue surged 57% on a year-over-year basis. <\/p>\n<p>Micron makes memory and solid-state storage for computers. Those semiconductors have been in short supply in recent months as the <a href=\"https:\/\/www.cnbc.com\/ai-effect\/\" target=\"_blank\" rel=\"noopener\">artificial intelligence<\/a> infrastructure boom requires massive amounts of both kinds of chips. <\/p>\n<p>Stock Chart IconStock chart icon<img decoding=\"async\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\" class=\"Collapsible-dismissButton\" alt=\"hide content\"\/><\/p>\n<p>Micron year-to-date stock chart.<\/p>\n<p>The high demand for memory has driven Micron shares higher, up 168% in 2025.<\/p>\n<p>Micron is one of three companies that make the high-bandwidth memory needed for AI applications. For example, Micron&#8217;s memory is used in large quantities in <a href=\"https:\/\/www.cnbc.com\/quotes\/AMD\/\" target=\"_blank\" rel=\"noopener\">AMD<\/a>&#8216;s latest AI chips. <\/p>\n<p>Micron said it did $5.28 billion in cloud memory sales, which doubled on an annual basis. The chipmaker reported $2.38 billion in core data center sales, up only 4% year-over-year. The company said both business units were driven by higher pricing. <\/p>\n<p>Earlier this month, Micron said it would stop selling memory and other parts directly to consumers, to preserve supply <a href=\"https:\/\/www.cnbc.com\/2025\/12\/03\/micron-stops-selling-memory-to-consumers-demand-spikes-from-ai-chips.html\" target=\"_blank\" rel=\"noopener\">for AI chips and data centers<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"The Micron Technology offices in San Jose, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris |&hellip;\n","protected":false},"author":3,"featured_media":454584,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[9203,691,4960,738,11732,64,81,13656,7070,611,158,67,132,68],"class_list":{"0":"post-454583","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-advanced-micro-devices-inc","9":"tag-ai","10":"tag-apple-inc","11":"tag-artificial-intelligence","12":"tag-breaking-news-technology","13":"tag-business","14":"tag-business-news","15":"tag-earnings","16":"tag-micron-technology-inc","17":"tag-mobile","18":"tag-technology","19":"tag-united-states","20":"tag-unitedstates","21":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115738140582774108","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/454583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=454583"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/454583\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/454584"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=454583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=454583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=454583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}