Micron Technology Reports Record Growth Driven by AI Demand
Micron Technology (NASDAQ: MU) experienced a remarkable 239.1% surge in share price in 2025 due to soaring demand for AI memory chips, with the company achieving revenues of $37.38 billion and adjusted earnings per share of $8.29, up from $25.11 billion and $1.30 respectively in the prior fiscal year. The fiscal year ended on August 28, 2025.
The first quarter of fiscal 2026 also showed strong momentum, with revenue rising 56.6% year-over-year to $13.64 billion, and adjusted earnings per share hitting $4.78. Micron has sold out of high-bandwidth-memory chips through 2026 and is ramping up production with new facilities to meet anticipated ongoing demand, expecting to fulfill only 60% of market needs in the current year.
In 2025, the S&P 500 increased by 16.4%, while the Nasdaq Composite rose by 20.4%. As of January 2026, Micron’s stock has added an additional 27.1%, outpacing both indexes amidst the growing trend towards AI chip utilization.
