Micron: Data Center Revenue More than Doubles to Record Levels – HBM Storage Reaches Annual Revenue of $6 Billion

Micron focuses on AI projects and records increases in its more than doubled data center business. Market shares are being expanded. HBM revenues reach an annual $6 billion with a sequential growth of nearly 50%. The market opportunity is expected to almost double to $34 billion by 2025. US investments of around $200 billion are set to advance technologies and capacities. Opportunities also arise in the automotive, industrial, PC, and smartphone sectors. The margin is expected to improve in the fourth quarter, and a record revenue is...