Overview

• Adjusted earnings were $3.03 per share on revenue of $11.32 billion, topping estimates as sales rose 46% from a year earlier.
• For fiscal Q1, Micron guided revenue to about $12.5 billion plus or minus $300 million and forecast adjusted EPS of about $3.75 plus or minus $0.15.
• HBM revenue reached nearly $2 billion in the quarter, implying an annualized run rate near $8 billion, according to CEO Sanjay Mehrotra.
• The company said TSMC will manufacture the base logic die for its upcoming HBM4E products, covering both customized and off-the-shelf versions.
• Shares rose more than 2% after hours as investors weighed the beat and guidance, with the stock nearly doubling in 2025 while Micron vies with SK Hynix and Samsung for Nvidia business.