Micron Technology raised its fiscal fourth-quarter 2025 outlook, citing firmer DRAM prices and operational execution. The Boise, Idaho-based chipmaker now expects revenue of $11.1 billion to $11.3 billion, compared with the $10.4 billion to $11.0 billion range issued in June. Adjusted earnings are projected at $2.78 to $2.92 a share, up from the prior $2.35 to $2.65, while non-GAAP gross margin is seen improving to about 44.5%, four percentage points higher than previously forecast. The narrower, higher ranges signal increased confidence as memory-chip prices rebound. DRAM, Micron’s largest product line, has benefited from a tighter supply-demand balance after last year’s slump. The company will provide additional commentary later today during a fireside chat at the KeyBanc Technology Conference in Park City, Utah. Investors welcomed the revision, sending Micron shares up roughly 4% to 5% in pre-market U.S. trading. The upgraded guidance positions Micron for its strongest quarterly performance in more than two years, underscoring a broader recovery in the memory-chip industry.