Micron’s Starting to Look Like a Damn Smart Play (Analysts Can’t Find Negatives)

While most of the chip market’s stuck facefirst in the mud, tripped up by “tariffmagedon” or drowning in excess inventory… Micron is quietly winning.

No, really. While your favorite semiconductor stonks are doing their best impersonation of the ‘22 crypto crash (still gives me nightmares), Micron’s just chilling, up 17% this year and they just impressed everyone with a surprise earnings beat on top of everything else they’ve got going for them.

Yes, 2025 is the year where every company mentions “AI” like it’s hot sauce… just dash it over your earnings call and watch your stock pop. But Micron isn’t bluffing. Their data center revenue tripled year-over-year, thanks to the demand boom for high-bandwidth memory (HBM) in AI workloads. This means that every time ChatGPT has an existential crisis, it’s Micron chips doing the emotional heavy lifting.

Revenue for Q2 came in at $8.05B, up 38% YoY, and earnings per share clocked in at $1.56… nearly 4x what they earned last year (are you not entertained?). Wall Street was expecting $1.43 EPS and $7.9B in revenue. Micron looked at those expectations and said, “That’s cute.”

Guidance for next quarter is even more attractive… $8.6 to $9B in revenue and EPS in the $1.47–$1.67 range. Micron’s CEO Sanjay Mehrotra says they’re expecting record revenue next quarter, which what he really wanted to say was: “We’re about to f*ck around and find out what ATH looks like.” Micron’s not doing this solo. It’s got Nvidia in its corner (yes, the Nvidia) and that bromance is helping Micron ride the AI bus straight to the bank.

Micron also secured $6 billion in CHIPS Act funding from the U.S. government, which comes with plans to create 20,000 new jobs and build out domestic production in Idaho. Don’t mistake this move as something just for good press… it’s a strategic move at a time when rising tariffs and ongoing U.S.-China tensions are making overseas manufacturing look increasingly uncertain.

Price targets are flying hotter than a summer day in Miami. Mizuho bumped theirs to $124, Stifel and Cantor Fitzgerald said $130, and Rosenblatt still says “Buy,” even after reducing their target to a “humble” $200.

Even analysts who live to poke holes couldn’t really say anything bad… just that NAND oversupply might drag margins a little. Meanwhile, DRAM demand is booming, especially in AI and data center sectors. Micron’s leaning into this shift with new HBM3E and LPDDR5 tech, which analysts think could drive profitability even higher as the year goes on.

I’ll be the first one to admit that Micron’s not some overnight moonshot, and that’s okay. It’s building long-term value. It’s got real AI exposure, a fortified position in U.S. manufacturing, and financials that are finally catching up to investor expectations. Oh and did I mention analysts are having a tough time finding anything negative to say? That doesn’t happen often.

PS: Recently, I broke down a stock that both Nancy Pelosi and Cathie Wood bought at the same time… but here’s the thing: it was only available for premium members.

Not only did I reveal the stock, but I also dissected Nancy’s trade structure, proving she’s in it for the long haul. If you weren’t a premium member, you missed the breakdown on why her entry signals serious conviction… the kind of insight that separates smart traders from the ones just chasing headlines.

If you want real stock picks and trade ideas every single day—not just the surface-level news everyone else sees… you need to check out our premium membership. We dig through SEC filings and insider trades daily, flagging the best opportunities. And when we find a can’t-miss trade, we break it down in a full write-up… so you know exactly what’s happening and why it matters.

Don’t miss the next one. Click here and become a premium member today.

Stock.News does not have positions in companies mentioned.