MU's HBM Revenues Surpass $1 Billion: Will the Momentum Persist?

Key Takeaways Micron's HBM revenues surpassed $1 billion in Q2 FY25, driven by AI and high-performance computing demand. Strong demand for MU's HBM3E variants has sold out 2025 supply; focus now shifts to 2026 delivery deals. Micron is ramping HBM4 production in 2026, targeting 60% more bandwidth versus current HBM3E chips.Micron Technology’s (MU) high bandwidth memory (HBM) chips are experiencing robust traction due to their growing use in high-performance computing, hyperscalers and artificial intellige ...