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Micron Technology: AI Sector's Memory Demand Stays Robust, Company Set for Substantial Revenue Growth
2025-12-18 /
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Author：小编
On Wednesday, Micron Technology unveiled its financial outcomes for the first quarter of the 2026 fiscal year. The adjusted revenue clocked in at $13.64 billion, marking a 57% year-on-year surge and outstripping analysts' forecasts of $12.95 billion. Moreover, the adjusted earnings per share stood at $8.42, comfortably surpassing the projected $4.71 by analysts. Micron Technology also painted a rosy picture for its second-quarter performance, forecasting revenue of approximately $18.7 billion, with a possible variance of $400 million. This projection significantly overshoots analysts' estimates of $14.38 billion. Bolstered by this favorable news, Micron Technology's stock price soared by over 6.7% in after-hours trading.
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