Micron forecasts Q2 revenue of $18.7B, up from $14.2B expected, as AI data center demand drives high-performance memory shortage; shares surge 7% after hours, up 168% in 2025.

Micron forecasts surging revenue as computer memory demand for AI remains high

The Micron Technology offices in San Jose, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty ImagesMicron Technology reported fiscal first-quarter results on Wednesday that beat Wall Street expectations for sales and earnings per share, and provided a strong forecast for the current quarter.Micron shares rose over 7% in extended trading.Here's how the memory maker did versus LSEG consensus estimates:Earnings per share: $4.78, adjusted, versus $3.95 estimatedRevenue...