- Micron outlined a roadmap spanning DRAM, HBM, NAND and advanced packaging, with HBM4 in high-volume production.
- The 1-delta DRAM node is expected in volume production in H2 2027, and Gen 11 NAND is expected to ramp in late 2027 with more than double the bit density of Gen 9.
- Management forecasts memory supply will remain tight for at least two years.
- MU traded at $899.64, up about 0.4%, on October 21 ahead of its 10 a.m. ET technology webinar, and sat 13.36% above its GF Value estimate of $793.59.
- Investors will watch HBM production growth, gross margins and capital spending to see whether the roadmap converts into profit.
Quotes
“central constraint”
“Faster memory wins attention.”