Micron Aims for Billions in HBM Sales by 2025, Riding AI Wave

Micron Technology (NASDAQ: MU) is gearing up for a big jump in sales from its high bandwidth memory (HBM). The company expects to go from making hundreds of millions in 2024 to billions in 2025. That's like going from saving pennies in your piggy bank to having stacks of cash in a vault.

Key Points:

Big Revenue Jump: Micron is looking at a huge increase in HBM sales, predicting billions in 2025.
Main Customer: Nvidia, the big player in AI and graphics, is a major buyer of Micron's HBM3E.
New Products: Micron is working on even better HBM models, HBM4 and HBM4E.
Supply and Demand: There's going to be less DRAM and NAND memory available in 2024, which means Micron can charge more and make better profits.
AI Boom: The rise in AI PCs and smartphones, along with more AI in data centers, is set to drive record revenues. Plus, with Windows 10 support ending, many people will upgrade their PCs in 2025.
Government Support: Micron has a preliminary deal for $6.1 billion in federal grants under the CHIPS and Science Act, aimed at building semiconductor plants in Idaho and New York.

What This Means for You:

Revenue Growth: Micron’s expected surge in HBM sales is a big deal and could lead to its stock price rising.
AI Demand: The growing need for AI technology is a huge opportunity for Micron.
Supply Constraints: With less DRAM and NAND memory available, Micron can make more money from what it sells.
Federal Grants: The government’s financial support helps secure Micron’s future growth.

What You Can Do:

Keep an Eye on AI: Watch how AI technology develops and how Micron is involved.
Understand Supply and Demand: Know that less supply can mean higher prices and better profits for Micron.
Follow Micron’s Moves: Pay attention to how Micron uses government grants and its plans for new semiconductor plants.

Micron’s stock dipped a bit after hours on Wednesday, dropping as much as 7%. But with strong growth potential from AI demand and government support, there’s a promising future ahead.

Comments

5 SGX Stocks with Dividend Yield Higher than 5.4%

5 Singapore Stocks with High Dividend Yields: Get Steady Income! If you enjoy getting a steady stream of extra cash, then dividend stocks are for you! These are companies that pay you part of their profits just for holding their shares. However, not all dividend stocks are created equal. Some offer higher dividend yields, making them more attractive. Let's take a look at five Singapore stocks that offer attractive dividend yields of 5.4% or more. 1. PropNex Ltd (SGX: OYY) PropNex is a big name in real estate, offering services like real estate brokerage, training, and consultancy. As of February 2024, they had 12,233 sales professionals helping people buy and sell homes. Even though 2023 was tough for PropNex, with revenue falling 18.6% to S$838.1 million and net profit dropping 23.3% to S$47.8 million, they still managed to generate S$57.5 million in free cash flow. They also declared a final dividend of S$0.035, bringing the total dividend for 2023 to S$0.06. This gives PropNex ...

Is Hooters Flapping to Fail? Iconic Chain Closes Multiple US Outlets!

Hey everyone! Brace yourselves—Hooters, well-known for its wings and winks (thanks to their famously attired waitresses), is scaling down big time across the US. As the economic winds howl, even this well-loved brand is struggling to keep its feathers unruffled. Let’s unpack the scoop on why some of these famous spots are saying goodbye. Three Key Takeaways: Economic Crunch Time : Hooters is trimming down its nest due to the rough economic winds. Like biting into a spicy wing without your drink nearby, the rising costs of running a restaurant these days are tough to handle. They’ve had to close several spots in states like Florida and Texas, where you’d think wings would fly off the plates! Brand Still Flying High : Despite these closures, Hooters isn’t throwing in the towel. They’re spreading their wings in other ways, like launching a line of frozen foods you can munch on at home. Plus, they’re popping up new restaurants overseas. So, while some doors are closing, others are swinging...

Get Ready for a Rollercoaster Week in Global Markets!

Buckle Up! This Week’s Global Market Events You Can’t Afford to Miss Introduction: Hey Global Investors! Ready for a wild ride? This coming week is packed with enough economic fireworks to keep you on the edge of your seat. From royal crowns to GDP showdowns and central bank drama, here’s what you absolutely need to watch! What’s Coming Up? Malaysia’s Big Week: It's not every day a king gets crowned! Sultan Ibrahim will take the throne in a lavish ceremony, marking a historic day for Malaysia. But before the royal festivities, keep your eyes peeled for Malaysia's GDP numbers dropping on Friday. Experts are betting on a pretty picture, with predictions of a 4.6% bump. Time to see if Malaysia’s economy is as strong as its cultural heritage! China Calls the Shots at the Third Plenum: China is setting the stage for some major policy plays. The Third Plenum is where the magic happens, and with President Xi firmly in charge, expect some bold moves on the economic fron...

Underdog Investors

Search This Blog