Posted 4/15/2024, 5:26:14 PM
Micron Forecasts Major HBM Revenue Growth Through 2025 Due to Product Innovation and Capacity Expansion
- Micron dominates high-bandwidth memory (HBM) market, expects significant revenue growth
- Micron's HBM3E product has 30% greater power efficiency vs competitors
- Micron has sold out HBM capacity for 2024 and most of 2025
- Micron aims to align HBM revenue market share with overall DRAM share by 2025
- Analyst projects Micron's gross margins could return to peak levels due to HBM adoption
