Micron Technology expects to post record revenue in fiscal 2025. The memory-chip maker in prepared markets for its 3Q earnings call says demand for AI personal computers and AI smartphones and the continued growth of AI in the data center offer a favorable setup. CEO Sanjay Mehrotra says it can deliver in fiscal 2025 with improved profitability underpinned by its portfolio’s ongoing shift to higher-margin products. Shares slip 5% to $135.42 in afterhours trading on 4Q guidance fails to dazzle Wall Street.