Micron Exceeds Q2 Expectations with 38% Revenue Growth and Strong AI Demand
The company reports tripled data center revenue, beats earnings estimates, and provides an optimistic Q3 forecast.
- Micron Technology reported Q2 2025 revenue of $8.05 billion, a 38% year-over-year increase, surpassing analysts' expectations.
- Adjusted earnings per share reached $1.56, beating the projected $1.42, driven by robust AI-related demand and data center sales.
- Data center revenue tripled, bolstered by Micron's partnership with Nvidia and the growing adoption of AI technologies.
- The company issued an optimistic Q3 2025 outlook, forecasting revenue between $8.6 billion and $9 billion and adjusted EPS of $1.47 to $1.67.
- Micron's stock surged over 5% in extended trading, reflecting investor confidence and adding to its 22% year-to-date gains.