Shares of Micron Technology, Inc. rallied modestly after reporting strong fiscal Q2 results, and with a Q3 outlook that calls for ~30% growth (versus consensus in the mid-20s). MU remains one of the only notable chip stocks to see a gain in 2025. We note, however, that despite strong HBM-driven growth, Micron's NAND segment is seeing declines in ASP which have cut into the company's gross margin.
CNBC's Kristina Partsinevelos joins 'Closing Bell Overtime' with Micron earnings.
Micron Technology (MU 0.89%), a leading innovator in memory and storage solutions, reported its fiscal 2025 second-quarter results on March 20. Revenue increased significantly year over year to $8.05 billion, and non-GAAP EPS came in at $1.56, surpassing analysts' consensus estimates for revenue of $7.90 billion and adjusted EPS of $1.43.
Shares of memory-chip maker Micron Technology Inc. jumped in extended trading Thursday after the company's fiscal second quarter showed that it is still seeing a boost from AI, with its highest-capacity memory products surging in growth.
Micron Technology (MU) reported quarterly results that topped analysts' estimates and issued a better-than-expected outlook, sending shares higher in extended trading Thursday.
Micron Technology beat expectations for its fiscal second quarter thanks to strong data-center business. MU stock rose on the news.
Micron Technology Inc (NASDAQ:MU) shares moved higher after Thursday's closing bell as the company's fiscal second quarter earnings came in ahead of expectations. Revenue for the period was $8.05 billion, up from $5.82 billion in the year-ago quarter and beating the Wall Street consensus of $7.9 billion.
Micron reported fiscal second-quarter results that beat analysts' estimates and offered better-than-expected guidance. Revenue increased 38% from a year earlier to $8.05 billion.
Micron Technology forecast third-quarter revenue above Wall Street estimates on Thursday, signaling strong demand for its high bandwidth memory (HBM) chips used by the AI industry.
Micron Technology, Inc. MU will release its second-quarter financial results after the closing bell on Thursday, March 20.
Semiconductor maker Micron Technology Inc (NASDAQ:MU) is set to report fiscal second-quarter earnings after the close on Thursday, March 20.
MU's Q2 performance is likely to reflect the benefits of rising investments in AI and strategic partnerships with tech giants.