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MU's Embedded Business Grows 20%: Is AI in Industrial Gaining Steam?
ZACKS· 2025-07-02 15:06
Key Takeaways Micron's Embedded Business revenues rose 20% sequentially in Q3 to $1.2 billion on strong AI-driven demand. AI use in factory automation and autos boosted sales, aided by tight supply and low channel inventory. Micron reorganized its business units in June to focus more deeply on AI-led growth opportunities.Micron Technology’s (MU) Embedded Business Unit saw strong growth in the third quarter of fiscal 2025. The business unit’s revenues were up 20% sequentially to $1.2 billion. The company a ...