Micron Technology(US:MU) CNBC Televisionยท2025-09-24 14:03Financial Performance - Micron's Q4 estimates topped expectations, with sales rising 46% due to the AI boom [1] - Micron's fiscal year 2025 annual revenue grew 50% to $374 billion [3] - The company anticipates a record revenue quarter and a record EPS quarter for its first fiscal quarter [5] - Gross margins are extraordinary across almost every product line [5] Market Dynamics and Demand - Strong demand is observed across mobile, PC, data center, server, and auto sectors [2] - AI is a significant driver of growth, impacting data centers, AI-enabled mobile phones, and AI PCs [4] - Hundreds of billions of dollars are being invested in AI infrastructure, with trillions expected over the next several years, significantly benefiting memory [10] - AI is being leveraged in operations to accelerate yields, improve quality, and expedite product launches [11] Supply and Technology - The industry anticipates a healthy demand-supply environment in calendar year 2026, with tightening supply [7] - Micron's technology leadership and comprehensive product portfolio are driving sales towards higher-value solutions [6] - Micron is optimizing sales with a focus on return on investments and disciplined supply growth [7] AI Impact and Productivity - AI is expected to bring a 30-40% productivity uplift in selected Gen AI cases, including code generation and growth of AI agents [9]