Micron Technology Inc. raised its fiscal fourth-quarter 2025 guidance, citing improved pricing in DRAM products and strong execution. The company now expects adjusted revenue between $11.1 billion and $11.3 billion, up from the previous forecast of $10.4 billion to $11 billion. Adjusted earnings per share (EPS) guidance was also increased to a range of $2.78 to $2.92, compared with the prior range of $2.35 to $2.65. The updated guidance reflects a non-GAAP gross margin of approximately 44.5%, up from the earlier estimate of 41% to 43%. These revisions surpass consensus estimates, with revenue forecasts above $10.74 billion and EPS expectations exceeding $2.52. The company attributed the upward revisions primarily to stronger DRAM pricing, which is driven by increased demand for memory chips used in artificial intelligence applications. Following the announcement, Micron's shares rose by around 5% to over 7% in pre-market trading, contributing to a year-to-date gain of 47% for the stock. Analysts have responded positively, rating Micron as a strong buy amid the bullish momentum in AI-related semiconductor stocks.