Micron Technology (NASDAQ: MU) is set to report its fiscal Q3 2025 financial results on June 25, with anticipated revenue of approximately $8.8 billion, marking a 29% year-over-year increase. For the fiscal Q2 2025, Micron’s total revenue was $8.1 billion, a 38% increase from the previous year. Notably, revenue from compute and networking — representing data center memory sales — surged by 109% to $4.6 billion.
The company is benefiting from the growing demand for high-bandwidth memory (HBM), projected to double to $35 billion in 2025 and reach $100 billion by 2030. Micron’s HBM3E memory is currently sold out until 2026, and demand is also rising for memory in AI-capable personal computers and smartphones, with minimum DRAM requirements increasing from 12GB to 16GB for PCs, and from 8GB to 12GB for smartphones.
Micron’s non-GAAP earnings per share for Q2 2025 was $1.56, a 271% increase year-over-year. The company anticipates this to reach around $1.37 for Q3, reflecting a 121% increase from the same quarter last year. This growth is reflective of Micron’s integral role in the AI sector, particularly as global demand for memory solutions intensifies.
