Micron Technology(US:MU) Mei Ri Jing Ji Xin Wen·2025-12-24 07:23Group 1 - The semiconductor equipment ETF (159516) saw a net inflow of 70 million shares, indicating strong capital interest [1] - Micron's total revenue for Q1 of fiscal year 2026 reached $13.6 billion, a 21% quarter-over-quarter increase and a 57% year-over-year increase, marking a historical high for three consecutive quarters [1] - Micron's gross margin improved to 56.8%, up 11 percentage points, driven by price increases, cost control, and a favorable product mix [1] Group 2 - Micron anticipates that the supply tightness in the DRAM and NAND sectors will persist into the calendar year 2026 and beyond, currently meeting only 50% to 66% of key customer demand [1] - The total addressable market (TAM) for HBM is expected to grow at a compound annual growth rate (CAGR) of approximately 40%, increasing from $35 billion in 2025 to $100 billion by 2028 [1] - TrendForce predicts that the average selling price (ASP) of DRAM will rise by about 58% year-over-year in 2026, with industry revenue expected to grow by approximately 85%, surpassing $300 billion for the first time [1] - The NAND Flash market is projected to see a 21% year-over-year increase in supply in 2026, with revenue reaching $110.5 billion, a 58% increase, and average prices rising by 32% year-over-year [1] Group 3 - The AI demand remains strong, positively impacting core computing hardware and semiconductor equipment within the industry chain [2] - The semiconductor equipment ETF (159516) tracks the semiconductor materials and equipment index (931743), focusing on companies involved in semiconductor material research, production, and equipment manufacturing [2] - This index reflects the overall performance of publicly listed companies in the upstream semiconductor sector, showcasing high technological content and growth characteristics [2]