Micron: HBM On Rocket Fuel And NAND Shortage Tailwinds
Micron Technology's FY25 earnings results confirmed a sharp turnaround, an event I anticipated in April this year. Revenue hit $37.4B (+49% yoy), and gross margin expanded 17 pts to 41%. DRAM remains the growth engine: tight supply lifted ASPs by low double-digits sequentially; DRAM revenue rose 69% yoy and now represents 79% of total revenue. A new pillar for my bull case is emerging: industry-wide NAND chip shortages could improve ASPs and margins, supporting triple-digit EPS growth over the next three quarters.
Breaking The Cycle: How AI Transforms Memory Stock Micron
Micron is well-positioned to benefit from surging AI datacenter memory demand, driven by high-performance HBM products and tight DRAM supply. AI model complexity, larger context windows, and the rise of AI agents are fueling unprecedented memory requirements, outpacing even GPU demand growth. MU's forward-looking CapEx, secured HBM3E contracts, and anticipated HBM4 launch position it as a performance leader in a seller's market.
Micron: Don't Repeat The Same Mistakes Again
Micron Technology has surged on AI CapEx momentum and HBM leadership, but post-earnings selling suggests caution near previous highs. MU's earnings and HBM4 ramp support bullish sentiment, yet cyclicality risks and compressed free cash flow margins remain justified concerns. Sustained AI-driven demand is critical; watch for broad enterprise SaaS adoption to justify current valuations and aggressive spending.
Micron Technology: Strong Buy As HBM Chips Power The Next Wave Of AI Growth
Micron Technology, Inc. has surged 30.2% since the last report, outperforming the S&P 500, and remains rated a "Strong Buy." MU posted robust Q4 results with 46% YoY sales growth, driven by DRAM and High Bandwidth Memory (HBM) strength, and expanding margins. Guidance for Q1 2026 forecasts 10% sequential revenue growth and improved gross margins, with HBM4 ramp-up expected to drive further gains.
Micron: A Steal For AI Investors
Micron Technology, Inc. delivered record fiscal Q4 earnings, fueled by surging AI-driven demand for its high-bandwidth memory products in Data Centers. MU's revenue soared 46% year-over-year to $11.3B, with free cash flow up 149% Y/Y, reflecting explosive growth in its HBM segment. Revenue related to HBM, high-capacity DIMMs and LP server DRAM reached 10.0B in Q4'25, due to considerable demand strength for high-bandwidth memory solutions from hyperscalers.
Micron: Time To Jump Back On The AI Bullet Train (Rating Upgrade)
I'm upgrading Micron back to a buy from strong sell after management raised guidance, confirming that more favorable DRAM/HBM demand and pricing is at play. Micron is a leader within the High Bandwidth Memory (HBM) market, putting it at the core of the AI infrastructure boom, with sold-out capacity for 2025 and improving margins. I watch memory pricing closely and I'm pleasantly surprised at how resilient DRAM prices are holding up. I'm expecting to see this show up as upside surprise next quarter.
Micron: Strong Buy On AI-Driven HBM Growth
Micron Technology is upgraded to "Strong Buy" with a new price target of $146.88, reflecting robust earnings momentum and upwardly revised guidance. The company is significantly undervalued versus peers, with strong EBITDA growth, improving free cash flow, and a projected net cash position next year. Micron's DRAM and HBM segments are driving growth, supported by AI and data center demand, while NAND risks are being proactively managed.
HBM Drives Micron's Growth: Can MU Sustain the Momentum?
MU rides on soaring AI-driven HBM demand, with 2025 supply sold out and next-gen products fueling growth momentum.
Micron: HBM Tailwinds Outweigh Margin Noise
I reiterate my strong buy rating on Micron. HBM is still the main pillar of my case, as I believe it is the single biggest growth engine. HBM supply sold out for 2025. HBM revenue up ~50% q/q and shipping includes the MI355X, which is ramping. HBM4 sampling now, with a ramp next year. Valuation supports my strong buy on MU stock, in my view: ~16.5x next year's EPS vs ~29.8x industry median. P/CF down sharply from 2024, suggesting undervaluation.
HBM Sells 30% Stake in Copper World to Mitsubishi for $600M
Hudbay Minerals secures $600M from Mitsubishi for a 30% stake in its Copper World project, slashing its upfront costs and boosting long-term growth plans.
Hudbay Minerals Inc. (HBM) Q2 2025 Earnings Call Transcript
Hudbay Minerals Inc. (NYSE:HBM ) Q2 2025 Earnings Conference Call August 13, 2025 11:00 AM ET Company Participants Andre Taylor Lauzon - Chief Operating Officer Candace Brule - Vice President of Investor Relations, Financial Analysis & External Communications Chi-Yen Lei - Chief Financial Officer Peter Gerald Jan Kukielski - President, CEO & Director Conference Call Participants Dalton Baretto - Canaccord Genuity Corp., Research Division Fahad Tariq - Jefferies LLC, Research Division Matthew Murphy - BMO Capital Markets Equity Research Orest Wowkodaw - Scotiabank Global Banking and Markets, Research Division Ralph M. Profiti - Stifel Nicolaus Canada Inc., Research Division Shane Nagle - National Bank Financial, Inc., Research Division Operator Good morning, ladies and gentlemen.
Here's What Key Metrics Tell Us About HudBay Minerals (HBM) Q2 Earnings
The headline numbers for HudBay Minerals (HBM) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
