Buy Micron Stock After AI Memory Demand Fuels Record Q4 Results?

Micron Technology reported record Q4 earnings of $33.42 per share and revenue of $54.23 billion, driven by surging demand for high-bandwidth memory (HBM) and data-center storage. The company projects Q1 2027 revenue of $61.5 billion with continued strong growth, while trading at an attractive 7X forward earnings multiple despite its 250% year-to-date rally.