September 24, 2025 - 08:58
Micron Technology has reported impressive financial results for the fourth quarter and the full year of fiscal 2025, showcasing remarkable growth fueled by the increasing demand for AI data centers. The company achieved a revenue of $11.32 billion in the fourth quarter, a significant increase from $9.30 billion in the previous quarter and $7.75 billion during the same period last year.
The strong performance highlights the company's ability to capitalize on the rapidly growing AI sector, which has become a crucial driver of revenue. Micron's GAAP net income for the quarter demonstrated substantial growth, reflecting the robust demand for memory and storage solutions essential for AI applications.
Looking ahead, Micron forecasts an additional $1.2 billion in sequential revenue growth for the upcoming quarter, with gross margins expected to exceed 50%. This optimistic outlook underscores the company's confidence in sustaining its growth trajectory, particularly as AI technologies continue to advance and proliferate across various industries.
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Balancing Optimism and Skepticism: Insights from Akamai's CIO on AI TechnologyAkamai Technologies` Chief Information Officer, Kate Prouty, has observed a growing enthusiasm among the company`s workforce regarding artificial intelligence. Employees are eager to explore the...
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Three Innovators Recognized with State Technology AwardIn a recent announcement, three distinguished individuals have been honored with the State Technology Innovator Award for their exceptional contributions to application development, citizen...
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