Micron Reports Strong Q2 Earnings as AI Demand Fuels Growth

The company exceeded revenue and EPS expectations, tripled data center sales, and issued optimistic guidance for fiscal 2025.

Micron's Q2 revenue rose 38% year-over-year to $8.05 billion, surpassing analyst estimates of $7.89 billion.
Adjusted earnings per share (EPS) came in at $1.56, beating expectations of $1.42.
Data center revenue tripled year-over-year, driven by strong demand for AI-related DRAM and NAND memory products.
The company launched its advanced 1-gamma DRAM node, reinforcing its leadership in memory technology.
Micron forecasts Q3 revenue of $8.8 billion and projects record revenue and improved profitability for fiscal 2025.