Micron set to out-earn Magnificent Seven as AI memory demand surges

  • Micron reported $74.2 billion in full-year revenue and is projected to exceed every Magnificent Seven company in quarterly operating income amid the AI-driven memory boom.
  • The company added about $43 billion in sales from the year-ago quarter, beat Wednesday's sales and profit forecasts and issued strong guidance.
  • Analysts expect robust AI-related demand but disagree over whether new memory capacity will weaken pricing and margins.

Micron Technology is emerging as a major beneficiary of the artificial-intelligence infrastructure boom, with a chart shared by X user Trade Whisperer indicating it could generate more quarterly operating income than any of the Magnificent Seven. The company added about $43 billion in sales from the year-ago quarter, beat Wednesday's sales and profit forecasts and issued strong guidance, although executives' margin comments raised concerns. Analysts remain divided over whether new capacity will weaken memory pricing and margins.

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