1. Micron Technology is reiterated with a 'Strong Buy' rating at $140 per share due to robust HBM growth and strategic capacity expansion; 2. Micron reported 38.3% revenue growth and 24.9% adjusted operating income with HBM revenue growing 50% sequentially; 3. The company guides for $8.8 billion in Q3 FY25 revenue with significant investments in HBM manufacturing, forecasting 38.2% year-over-year growth for FY25.
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