Micron blows past expectations, and the stock is climbing

Micron blows past expectations, and the stock is climbingListen(3 min)Listen(3 min)Micron Technology’s stock had gotten swept up in the recent artificial-intelligence selloff, but the company’s upbeat revenue guidance now has investors feeling better.The memory-chip maker is guiding for revenue of $18.7 billion, plus or minus $400 million, for its second quarter, which far surpasses the $14.3 billion FactSet consensus. The company is also looking for its gross margin to reach 67%, plus or minus 1%, in the current quarter.About the AuthorBritney Nguyen is a tech reporter covering Nvidia, chips and AI. You can find her on X at @britneycath.Copyright © 2025 MarketWatch, Inc. All rights reserved.