Overview

• Fiscal fourth-quarter revenue reached $11.32 billion versus $11.22 billion expected, with adjusted EPS of $3.03 topping the $2.86 consensus.
• The company forecast about $12.5 billion in fiscal first-quarter revenue, ahead of the $11.94 billion LSEG consensus, lifting the stock in after-hours trading.
• Total revenue rose 46% year over year, as cloud-focused memory sales more than tripled to $4.54 billion while the core data-center unit fell 22% to $1.57 billion.
• Micron cited AI infrastructure demand and high-bandwidth memory as key drivers, with the CEO noting the company’s position as the only U.S.-based memory manufacturer.
• Shares have nearly doubled in 2025, and the company raised its outlook last month on improved DRAM pricing.