Micron FY2025 Revenue Rises 48.85% on AI Chip Demand

Micron Technology, a leading global semiconductor firm based in Boise, Idaho, reported robust financial growth in its fiscal year 2025, driven by surging demand for memory chips in artificial intelligence applications, as the company continues to capitalize on the AI infrastructure boom.

The company, which designs and manufactures dynamic random access memory (DRAM) and NAND flash storage solutions for data centers, mobile devices, and other electronics, saw revenue reach $37.378 billion for the full fiscal year, a 48.85 percent increase from the previous year. Net income jumped 997.56 percent, reflecting expanded profit margins amid supply constraints and higher pricing for advanced memory products like high-bandwidth memory (HBM). In the first quarter of fiscal 2026, Micron's cloud memory business unit generated $5.284 billion in revenue with a 66 percent gross margin, underscoring its role in supporting hyperscale data centers and GPU clusters.

Micron's stock has mirrored this performance, rising 522 percent over the past year and delivering a 3,791 percent return over the last decade, turning a $1,000 investment into nearly $39,000. Shares traded as high as $416 on...