For Micron, this unprecedented demand for memory has allowed the company to begin fiscal 2025 with the "best competitive positioning in Micron's history," according to CEO Sanjay Mehrotra.

Shares of Micron Technology (MU) rallied by more than 14% in a single trading session last week following its fiscal Q4 results. The company also forecast higher-than-expected sales for Q1 of fiscal 2025 (which ended in November),

Micron Technology, Inc. MU has seen its stock rise by 7.8% since releasing its fourth-quarter fiscal 2024 results on Wednesday. This impressive uptick outpaces not only the broader tech sector but also major indices like the S&P 500.

Micron Technology MU has outperformed the market over the past 5 years by 3.68% on an annualized basis producing an average annual return of 17.86%. Currently, Micron Technology has a market capitalization of $111.39 billion.

Micron Technology's latest earnings report releases later this month. Here's what you should you know before that happens?