Micron Technology reported strong financial results for its second quarter of fiscal 2025, with revenue reaching $8.05 billion, a 38% increase year-over-year, surpassing analyst estimates of $7.89 billion. The company's earnings per share (EPS) also exceeded expectations, coming in at $1.56 compared to the forecasted $1.42. Key drivers of this performance included a significant surge in sales of AI memory chips, particularly high-bandwidth memory (HBM), which Micron indicated is sold out for 2025. The company projects record revenue of $8.8 billion for the upcoming third quarter, bolstered by continued demand in the AI sector. However, despite these positive indicators, Micron's stock experienced fluctuations in late trading, reflecting concerns over margin forecasts amidst competitive pricing pressures in the memory chip market. The company reported a net income increase of 99% to $1.58 billion, with data center revenue tripling, although mobile revenue fell by 33%. Micron's CEO highlighted the company's strong competitive position and growing interest in HBM products for 2026.