Overview
- Micron confirmed it will exit its Crucial consumer line, with retail and distributor shipments continuing through its fiscal Q2 that ends in February 2026, and warranty support remaining in place.
- The company said the overwhelming majority of roughly $14 billion in FY2025 capital spending is targeted at HBM and AI‑aligned back‑end manufacturing to prioritize enterprise and hyperscale customers.
- Micron reported FY2025 revenue of $37.4 billion and a strong fiscal Q4, and its shares rose as analysts raised price targets on expectations of sustained AI‑driven demand and expanding margins.
- Industry trackers report steep memory price increases as wafer capacity shifts to HBM and server DRAM, with DRAM contract prices up sharply this year and NAND also climbing as supplier inventories tighten.
- Competitive dynamics are shifting, with reports projecting Samsung will reclaim DRAM leadership in Q4 and considering greater allocation to DDR5 for profitability, while coverage also notes Micron’s HBM supply is effectively booked through 2026.