Micron has previously posted 10 consecutive quarterly earnings surprises, and there is no reason why it shouldn’t this time.

Micron had an amazing stock rally in the past 52 weeks, increasing as much as 87%. Yet, there are no signs of slowing down as its products continue to be in great demand owing to the craze over artificial intelligence, cloud computing, and autonomous driving.

Click here to view the percentage of total revenue contributed by DRAM.

A spike in demand for DRAM spurred sometime in 2016 has continued its momentum all the way to 2018, thanks to its increased adoption in artificial intelligence at data centers. DRAM, which constitutes about three-fourth of Micron’s revenue, is also widely used by autonomous car manufacturers. Increasing prices and strong demand will likely see DRAM driving the chipmaker’s earnings in the third quarter as well.

Analysts expect third quarter revenues to jump 38% to an approximate $7.70 billion, riding on strong demand for memory chips. Meanwhile, earnings for the quarter are expected to almost double to $3.14 per share.

Micron Q2 2018 earnings infographic