Micron Technology Inc. raised its fiscal fourth-quarter 2025 outlook, projecting revenue of $11.1 billion to $11.3 billion compared with a prior range of $10.4 billion to $11 billion. Adjusted earnings are now seen at $2.78 to $2.92 a share, up from $2.35 to $2.65, while the company lifted its non-GAAP gross-margin forecast to 44.5% ± 0.5% from 42% ± 1%. Micron said the revisions reflect “improved pricing, particularly in DRAM, and strong execution.” The upgrade was released ahead of a scheduled appearance at the KeyBanc Technology Conference in Utah. Micron’s shares climbed as much as 7% in early New York trading to about $126, extending a rally of more than 40% this year as demand for high-bandwidth memory used in artificial-intelligence servers bolsters pricing across the industry.
Shares of $MU are trading higher around $124 a share after Micron Technology raised its fiscal fourth-quarter revenue and earnings outlook, citing “improved pricing” in DRAM products and strong execution. The company updated its fourth quarter revenue forecast to $11.1 to $11.3 https://t.co/wFJkFNPG7O
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$MU up 7% at open; updates Q4 Guidance; Sees Adj. EPS $2.78-$2.92 vs $2.35-$2.65 Prior, Sees Revenue $11.1B-$11.3B vs $10.4B-$11B Prior Micron Technology, Inc. (Nasdaq: $MU) announced that it is updating its revenue, gross margin, operating expense, and EPS guidance for the