According to a survey by market research firm TrendForce, the momentum of AI is strong, Micron began to increase high-bandwidth memory shipments in the third quarter, and DRAM suppliers increased the proportion of HBM, it is estimated that DRAM prices will continue to rise in the third quarter, with price increases of about 8% to 13% in the third quarter. Judging from the financial report released by Micron, DRAM revenue was 13% quarter-on-quarter to $47, and NAND memory revenue increased by 32% to $2.1 billion, better than the estimated $1.9 billion. Micron CEO Merotra said that in terms of data centers, the rapid growth of AI demand will increase the group's revenue by more than 50% from the previous quarter.
Micron began to increase HBM shipments in the fiscal third quarter, and HBM3E products generated more than $100 million in profits during the period. Industry insiders point out that HBM's annual revenue in the next fiscal year could reach billions of dollars.
Micron's continuous innovation in the field of HBM technology is the key to the steady increase in its shipments. By adopting advanced 3D stacking technology, Micron has successfully implemented HBM's high-bandwidth and low-power design, meeting the needs of high-speed data transmission and high-performance computing in AI, data centers, and other fields. This kind of technological innovation not only enhances the competitiveness of products, but also attracts the attention and recognition of more industry customers. With the continuous maturity and iteration of technology, the performance of Micron HBM will be further optimized to provide strong support for more application scenarios.
Market demand is an important driving force for Micron's HBM shipment growth. With the rapid development and widespread application of artificial intelligence technology, the demand for high-performance storage solutions has increased dramatically. As an important part of AI hardware infrastructure, HBM's high-speed and low-latency characteristics make it an ideal choice for the efficient operation of large AI models. In addition, the demand for memory chips in the fields of data center, automotive, and industrial is also growing, and the rapid development of these fields provides a broad market space for Micron HBM.
Figure: Micron's HBMQ shipments increased in the third quarter
In order to seize the business opportunities in the AI chip market, Micron actively adjusted its strategy and shifted part of its DRAM production capacity to HBM production. This strategic adjustment not only increases HBM's capacity supply, but also effectively alleviates the supply pressure in the DRAM market. At the same time, Micron has also increased its investment in HBM technology research and development and product optimization to meet the changing needs of the market. This flexible market strategy and strong technical support provide a strong guarantee for the steady growth of Micron's HBM shipments.
Judging from the financial data, Micron Technology's performance in the third quarter was very bright. Total revenue of $6.8 billion increased 17% sequentially and 82% year-on-year. Among them, HBM products, as a new growth point, generated more than $100 million in revenue in the third quarter, contributing significantly to the company's overall revenue. This data not only proves Micron's leading position in the HBM market, but also reflects the market's high recognition and trust in Micron's products. Looking ahead, Micron expects HBM revenue to continue to grow and is expected to reach billions of dollars by 2025.
Looking ahead, Micron HBM's market prospects are still broad. With the continuous popularization of intelligent technology and the continuous expansion of application scenarios, the demand for high-performance storage solutions will continue to grow. Micron, with its deep accumulation and leading edge in the field of HBM technology, will fully enjoy the dividends brought by this trend. At the same time, the company will continue to increase investment in technological innovation and product research and development to continuously improve the performance and competitiveness of products to meet the changing needs of the market.
In summary, the steady growth of Micron's HBM shipments is the result of both technological innovation and market demand. Looking to the future, with the continuous advancement of technology and the continuous expansion of the market, Micron HBM is expected to occupy a more important position in the global storage market and provide efficient and reliable storage solutions for more industry customers.
