Supplychain

Micron FQ2 Results: Record $1 billion HBM revenue; Mixed Consumer Results

I/O FundMAR 28, 20255 Min Read

Micron beat analyst consensus estimates and offered better-than-expected guidance. The company expects strong growth to continue in the next quarter, driven by increased DRAM and NAND shipments. The management also highlighted strong AI data center demand and the ramp-up of HBM products. Management was quite optimistic about the opportunity in HBM, by increasing the TAM for calendar year 2025 from over $30 billion to over $35 billion. The management also reiterated that the company’s 2025 HBM production is fully allocated and is in discussion with customers for the calendar year 2026.

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Micron FQ2 Results: Record $1 billion HBM revenue; Mixed Consumer Results

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