Micron Technology reported strong fiscal third-quarter 2025 results, with revenue rising 37% year-over-year to $9.3 billion, surpassing estimates of $8.85 billion. Adjusted earnings per share (EPS) came in at $1.91, beating consensus estimates of $1.60 and marking a 208% increase year-over-year. The company also provided an upbeat outlook for the fourth quarter, forecasting revenue between $10.4 billion and $11 billion, well above the $9.89 billion consensus, and adjusted EPS in the range of $2.35 to $2.65, exceeding the $2.03 estimate. Gross margin for the quarter was reported at 39%, higher than the estimated 36.8%. Key revenue drivers included a 45% year-over-year increase in mobile revenue, an 11% rise in networking revenue, and a doubling of data center revenue. Micron's stock responded positively after hours, reflecting investor confidence in the company's growth trajectory fueled by demand in AI and data center markets. Separately, South Korean semiconductor company SK Hynix, a major Nvidia supplier and global leader in high bandwidth memory (HBM) chips used in AI data centers, posted record second-quarter 2025 results. The company reported revenue of ₩22.23 trillion (approximately $16.3 billion), a 35% increase year-over-year, and operating profit of ₩9.21 trillion (about $6.7 billion), up 68% year-over-year, both exceeding market expectations. Net income rose 70% year-over-year to ₩7 trillion. SK Hynix attributed the strong performance to booming AI memory demand and announced plans to increase capital expenditures for 2025. The company surpassed Samsung Electronics as the world's top memory maker in the second quarter, with memory revenue of $15.6 billion compared to Samsung's $15.2 billion. Western Digital also reported better-than-expected fiscal fourth-quarter revenue of $2.61 billion, driven by strong data storage demand from cloud computing and AI, with positive guidance for the next quarter. These results highlight robust growth and investment in the semiconductor and memory sectors, driven primarily by accelerating AI adoption and data center expansion.