Micron Gives Rosy Sales Forecast As AI Boom Spurs Demand
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Live on Bloomberg TVMicron Gives Rosy Sales Forecast As AI Boom Spurs DemandDecember 17th, 2025, 11:16 PM GMT+0000Micron Technology, the largest US maker of computer memory chips, gave an upbeat forecast for the current quarter, a sign that surging demand and supply shortages are allowing the company to charge more for products. Fiscal second-quarter revenue will be $18.3 billion to $19.1 billion, the company said in a statement Wednesday. Analysts had estimated $14.4 billion on average for the period. Excluding some items, profit will be $8.22 to $8.62 a share, compared with a projection of $4.71. Micron is positioned as “an essential AI enabler,” Chief Executive Officer Sanjay Mehrotra said in the statement. “And we are investing to support our customers’ growing need for memory and storage.” Bloomberg Intelligence Semiconductors Analyst Jake Silverman joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)Bloomberg TechnologyThe only daily news program focused exclusively on technology, innovation and the future of business from San Francisco. Hosted by Emily Chang.More episodes and clips44:04Investors Question Oracle’s Data Center Financing | Bloomberg Tech 12/17/202502:30Warner Bros. Urges Investors to Reject Paramount04:27Imprint Payments Propelled to $1.2B Valuation05:42Micron’s Persistent DRAM DemandThe David Rubenstein Show"The David Rubenstein Show: Peer-to-Peer Conversations" explores successful leadership through the personal and professional choices of the most influential people in business.More episodes and clips24:06The David Rubenstein Show: Ynon Kreiz24:05David Rubenstein Show: Kevin Hassett24:05The David Rubenstein Show: Maria Sharapova24:06The David Rubenstein Show: Justice Anthony KennedySee all shows