Friday, 27 June, 2025

Micron Projects $10.7B Q4 Revenue on AI Memory Chip Surge

Micron Technology forecasts Q4 revenue of $10.7 billion, surpassing analysts' expectations of $9.88 billion, driven by robust demand for high-bandwidth memory (HBM) chips essential for AI data centers. The company reported a nearly 50% increase in HBM sales from the previous quarter and plans continued investment in this segment. Micron also anticipates its HBM market share to align with its overall DRAM share by the second half of 2025.