Di Yi Cai Jing Zi Xun·2025-11-06 03:49Core Viewpoint - The price increase of HBM4 has significantly impacted Micron Technology's stock, which rose by 8.93% to $237.50, marking a year-to-date increase of 183.01% [1][2] Group 1: Stock Performance - Micron Technology's stock reached a historical high of $239.88 during trading, with a 52-week high of $237.62 and a low of $61.44 [1][2] - The stock has shown a substantial increase of 183.01% year-to-date, reflecting strong market performance driven by AI trends [1][2] Group 2: Financial Performance - For the fourth fiscal quarter of 2025, Micron reported revenues of $11.32 billion, a 46% year-over-year increase, with a gross margin of 45.7% [3] - The company expects combined revenue from HBM, high-capacity DIMM memory, and low-power server DRAM to reach $10 billion in fiscal year 2025, growing over five times from the previous fiscal year [3] Group 3: Market Demand and Trends - The demand for storage solutions is being driven by the growth of AI servers, AI-enabled smartphones, and other AI devices, leading to increased requirements for various types of DRAM [4] - The storage industry is optimistic about future demand growth, with expectations of high double-digit percentage growth in DRAM bit demand for 2025 [3][4] - Citigroup analyst Christopher Danely predicts a 25% increase in DRAM prices in the fourth quarter compared to the third quarter, marking the highest quarterly increase since the 1990s [3] Group 4: Related Market Movements - On November 6, several domestic storage-related stocks also experienced price increases, indicating a broader market trend [5]