đš HUGE: Micron just delivered an ABSURD AI-driven earnings shock.
The memory chip giant reported $133.2 BILLION in annual revenue, while profit surged to $85 BILLION.
But the real story is whatâs happening underneath.
Quarterly revenue hit $54.2 BILLION â nearly 5x from a year ago and well above Wall Streetâs $51.5B estimate.
Quarterly profit?
$37.7 BILLION.
Thatâs more than the companyâs entire annual profit just a year ago.
Adjusted EPS exploded to $33.42, up from just $3.03 YoY.
And Micron isnât slowing down.
The company expects up to $63 BILLION in revenue next quarter.
Why?
AI infrastructure is consuming memory at an extraordinary pace.
Micron says memory supply could become âmuch tighterâ through 2027 and 2028.
That could have major implications for AI servers, data centers, chipmakers and the broader AI infrastructure boom.
The AI race is increasingly becoming a race for COMPUTE, POWER and MEMORY.
And the numbers coming out of the semiconductor industry are getting harder to ignore.
#AI #Semiconductors #Micron #Stocks #Technology
The memory chip giant reported $133.2 BILLION in annual revenue, while profit surged to $85 BILLION.
But the real story is whatâs happening underneath.
Quarterly revenue hit $54.2 BILLION â nearly 5x from a year ago and well above Wall Streetâs $51.5B estimate.
Quarterly profit?
$37.7 BILLION.
Thatâs more than the companyâs entire annual profit just a year ago.
Adjusted EPS exploded to $33.42, up from just $3.03 YoY.
And Micron isnât slowing down.
The company expects up to $63 BILLION in revenue next quarter.
Why?
AI infrastructure is consuming memory at an extraordinary pace.
Micron says memory supply could become âmuch tighterâ through 2027 and 2028.
That could have major implications for AI servers, data centers, chipmakers and the broader AI infrastructure boom.
The AI race is increasingly becoming a race for COMPUTE, POWER and MEMORY.
And the numbers coming out of the semiconductor industry are getting harder to ignore.
#AI #Semiconductors #Micron #Stocks #Technology
