Why Micron Technology Stock Is Flying Higher on Friday
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By Johnny Rice – Dec 19, 2025 at 3:16PM ESTKey PointsMicron's quarterly results and forward guidance significantly exceeded analyst expectations, driven by surging demand for AI memory chips.A Wall Street analyst compared the earnings beat to Nvidia's landmark 2023 report that kicked off the modern AI stock boom.Despite Thursday's sharp rally, Micron shares still trade at attractive valuations as memory chip shortages for AI applications are expected to persist.These 10 Stocks Could Mint the Next Wave of Millionaires ›NASDAQ: MUMicron TechnologyMarket Cap$280BToday's Changeangle-down(6.99%) $17.37Current Price$265.92Price as of December 19, 2025 at 4:00 PM ETMicron just delivered a massive earnings beat.Shares of Micron Technology (NASDAQ: MU) are soaring today, up 7.5% as of ET. The jump comes as the S&P 500 and Nasdaq Composite gained 0.8% and 1.1%, respectively. The semiconductor company, which produces specialized memory chips for artificial intelligence(AI) servers, reported blowout earnings after the bell on Wednesday. The report was so strong that it has helped lift AI stocks across the board. ExpandNASDAQ: MUMicron TechnologyToday's Change(6.99%) $17.37Current Price$265.92Key Data PointsMarket Cap$280BDay's Range$251.75 - $268.3852wk Range$61.54 - $268.38Volume52MAvg Vol27MGross Margin45.56%Dividend Yield0.19% Micron's big time beat For the quarter ending in November, Micron reported earnings per share (EPS) of $4.78 on $13.6 billion in revenue, handily beating expectations on both the top and bottom lines; Wall Street had anticipated earnings of $3.96 per share on $12.9 billion in sales. Micron's guidance blew past analyst estimates as well, expecting to bring in $18.7 billion in revenue next quarter, well above the consensus target of $14.3 billion. Image source: Getty Images. Wall Street was impressed. Joseph Moore of Morgan Stanley said that "Outside of Nvidia," it was "likely the best revenue/$net income upside in the history of the U.S. semis industry," referring to the AI behemoth's Spring 2023 earnings print that was the inflection point for the modern AI boom in public markets.Advertisement Micron is a buy Micron is a solid pick within the AI market. Memory -- the company's bread and butter -- is in short supply, and even after this week's gains, its stock still trades at a discount. Read NextDec 18, 2025 •By Emma NewberyStock Market Today, Dec. 18: Micron Technology Surges on Record Results and News It Is 'Sold Out' Dec 18, 2025 •By Joe TenebrusoWhy Micron Stock Jumped TodayDec 18, 2025 •By Jose NajarroMicron Just Gave Amazing News to AI Stock InvestorsDec 18, 2025 •By Jeremy BowmanWhat AI Bubble?
This Chip Stock Just Said the AI Boom Is Alive and WellDec 17, 2025 •By Scott LevineWhy Micron Stock Is Soaring in After-Hours TradingDec 17, 2025 •By Parkev Tatevosian, CFAShould Investors Buy Micron Stock Before the Huge Investor Update?About the AuthorJohnny Rice is a contributing writer for The Motley Fool covering tech stocks. He previously contributed to various financial publications.TMFJohnnyRiceStocks MentionedMicron TechnologyNASDAQ: MU$265.92 (+0.07%) $+17.37Morgan StanleyNYSE: MS$176.98 (+0.02%) $+4.02NvidiaNASDAQ: NVDA$180.76 (+0.04%) $+6.62*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.Advertisement