With the rapid development of AI technology, memory demand is increasing day by day, and prices are also rising. Memory giant Micron announced on the 11th that it would review its financial results for the quarter, citing optimism that AI customer orders continue to invest, which will help boost profit growth.
Reuters and other foreign media reports that according to Micron's latest financial results released on the 11th, the estimated revenue of the 2025 conference year will be between US$11.1 billion and US$11.3 billion, higher than the original expected US$10.4 billion to US$11 billion.
Adjusted EPS estimates ranged from $2.78 to $2.92, higher than the original expectations of $2.35 to $2.65; adjusted single-quarter gross margin estimates fell between 44% and 45%, and higher than the original expectations of 41% to 43%.
(Source: Micron)
Micron stated that the increase in the fourth quarter financial test mainly reflects the rising memory price factors, especially the recent price increase of DDR4 due to structural shortages.
On August 11, Micron's stock price rose 4.06%, closing at US$123.72, and has accumulated a 47.01% increase this year.
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