Micron Technology(US:MU) Zheng Quan Shi Bao Wang·2025-09-24 00:50Core Insights - Micron Technology reported Q4 FY2025 results with revenue of $11.32 billion, a 46% year-over-year increase, exceeding analyst expectations [1] - Adjusted EPS was $3.03, reflecting a 156.8% year-over-year growth, also surpassing analyst forecasts [1] - Revenue from high-bandwidth memory (HBM) for AI data processing reached a record high in this quarter, driving data center business to achieve all-time high performance for the year [1] Revenue Guidance - For Q1 FY2026, Micron expects revenue to be between $12.2 billion and $12.8 billion, representing over 40% year-over-year growth [1] - The midpoint of the EPS guidance for Q1 is $3.75, indicating a year-over-year increase of 109.5%, significantly higher than analyst expectations [1] HBM Product Development - The CEO of Micron stated that the number of HBM customers has expanded to six, with expectations that most HBM products will be booked out next year [1] - The company has begun delivering samples of HBM4 products to customers and is actively discussing specifications and supply volumes for HBM4 [1]