Micron's HBM Demand Drives Strong Financial Performance
Micron Technology reported fiscal Q3 revenue of $41.46 billion, a 345% year-over-year increase driven by strong demand for high-bandwidth memory (HBM). The company forecasts continued hypergrowth due to limited supply until at least 2028 and issued robust guidance for Q4 with expected adjusted EPS exceeding $31.
Topics: AI HBM demand Micron earnings