tech
December 18, 2025
Micron stock pops 12% as AI memory demand soars: 'We are more than sold out'
Micron said it expects the total addressable market for high-bandwidth memory to hit $100 billion by 2028.

TL;DR
- Micron's stock price increased by 12% following the company's positive earnings report.
- The company cited rapid AI infrastructure scaling as a driver for increased demand for its memory chips.
- Micron projects the total addressable market for high-bandwidth memory to reach $100 billion by 2028.
- Capital expenditures guidance was raised to $20 billion, and 68% gross margins are anticipated.
- The company reported adjusted earnings of $4.78 per share on $13.64 billion in revenue for the fiscal first quarter.
- Future revenue guidance for the current quarter is approximately $18.70 billion, with adjusted earnings forecast at $8.42 per share.
- Financial institutions like JPMorgan and Bank of America have issued positive ratings and price target increases for Micron's stock.
- Analysts suggest that memory companies like Micron will be significant beneficiaries of the AI trade expansion.
Continue reading the original article