Micron Technology(US:MU) Zhi Tong Cai Jing·2025-08-11 13:48Core Viewpoint - Micron Technology (MU.US) has significantly raised its Q4 FY2025 guidance due to improved DRAM pricing conditions, indicating a potential positive cycle in the memory chip market [1] Group 1: Company Performance - Micron's stock opened up over 5%, reaching $124.30 [1] - The company has adjusted its revenue forecast for Q4 FY2025 to between $11.1 billion and $11.3 billion, up from previous estimates [1] - Gross margin guidance has been increased to 44% to 45%, compared to the earlier forecast of 41% to 43% [1] - Adjusted earnings per share are now expected to be between $2.78 and $2.92 [1] Group 2: Industry Insights - The improvement in DRAM pricing conditions reflects a better balance of supply and demand in the memory market [1] - This change is expected to create a more favorable pricing environment for the entire memory chip industry [1] - The current trends may indicate that the historically cyclical nature of memory chip pricing is entering a positive phase [1]