Micron Technology HBM sales surge

Micron Technology's HBM sales surged nearly 50% in the third quarter of fiscal 2025, driving the company's revenue to a record high. Micron Technology aims to increase its HBM market share to 23% to 24% by the end of 2025. Micron Technology expects fourth-quarter revenue to reach $10.7 billion, a record high. The company's third-quarter performance also exceeded expectations, with revenue of $9.3 billion.