Micron earnings surge on AI demand, bringing record revenue

Micron closed out fiscal 2025 with another blowout quarter, riding the AI boom to record revenue and bigger profits. The Idaho-based chipmaker reported $11.3 billion in revenue , up 22% from last quarter and a whopping 46% from a year ago. Adjusted earnings came in at $3.03 a share, up from $1.91 last quarter and — are you sensing a pattern here? — well ahead of the $1.18 reported last year. AI demand is everything Unsurprisingly, AI-heavy demand once again did the heavy lifting. Micron’s data-center bu ...