Micron Technology(US:MU) Investors·2025-09-23 20:38Core Viewpoint - Micron Technology reported strong fiscal fourth-quarter results, exceeding analyst expectations, driven by robust growth in AI data centers, leading to a rise in its stock price in after-hours trading [1][2]. Financial Performance - Micron earned an adjusted $3.03 per share on sales of $11.32 billion for the quarter ending August 28, surpassing analyst expectations of $2.86 per share and $11.22 billion in sales [2]. - Year-over-year, Micron's earnings increased by 157%, while sales rose by 46%, marking the third consecutive quarter of triple-digit percentage gains in earnings [2]. - For the current quarter, Micron forecasts adjusted earnings of $3.75 per share on sales of $12.5 billion, compared to Wall Street's expectations of $3.10 per share and $11.91 billion in sales [3]. Stock Performance - In after-hours trading, Micron's stock rose nearly 2% to $169.27, following a 1.1% increase during the regular session, closing at $166.41 [4]. - The stock reached a record high of $170.45 in intraday trades last Thursday [4]. Market Position and Strategy - Micron's CEO highlighted the company's strong momentum entering fiscal 2026, emphasizing its unique position as the only U.S.-based memory manufacturer to capitalize on AI opportunities [5]. - The company produces two main types of memory chips: DRAM and NAND, with a recent boost from high-bandwidth memory (HBM) for AI applications [5][6]. - Micron is featured on three IBD lists: IBD 50, Leaderboard, and Tech Leaders, indicating its strong market presence [6].