We believed that Nvidia was the company that had benefited most from AI. Micron is ridiculous

Micron is at historical maximums in Nasdaq, and rightly. The American manufacturer is taking a lot of benefit from the FEVER through the AI ​​and the data centers. The demand for memory chips is growing extraordinarily, but that has two faces. A good for micron, and another bad for customers and consumers.

They all love micron. Citigroup analysts They promoted these days Micron’s target price from $ 150 to 175. The reason: according to its data, the company will have financial results “much better than consensus” when these are presented on September 23.

Micron is doing so well that it even exceeds the growth of Nvidia. Source: Bloomberg

The chips devastate. Yeah A week ago The shares were around $ 125, yesterday they closed at $ 150 and before market openings that figure is $ 155. This year the value has already grown by 81%, exceeding 33%Nvidia growth, although it is also true that the company led by Jensen Huang grew especially in 2024 (approximately 170%). Other companies such as Broadcom (55%), SK Hynix (91.88%in the South Korean bag), or TSMC (31%) also show an outstanding growth in the bags.

Micron’s “Compute Networking” division is the one corresponding to the data centers. As can be seen, sales in that segment are already more than half of all of the last quarter. Source: Paul/Note.

The commitment to HBM memories goes well. Micron has dedicated many resources to boost the manufacture of HBM memories, used precisely in the accelerators (GPUS) that are used in data centers. Independent analysis confirm the increasing weight of both these memoirs and the AI ​​segment in the micron business

Micron will raise prices. According to Citi analysts, workloads for the inference of AI need more DRAM and NAND memories, and demand is spectacularly. The problem is that this demand will overcome the supply, and Micron will take advantage of the occasion to do something logical (for her): upload prices.

Up to 30%. This is what it indicates Trendforce And also Some media In China, according to which Micron has notified its distribution channel partners today that the prices of their storage products will rise between 20% and 30%. In fact, the quotes of the DDR4, DDR5, LPDDR4 and LPDDR5 memories have been suspended among others: “All prices agreed with customers will be canceled and the quotes will be suspended.

All products are expected to stop quoting for a week. “That involves not only industrial and consumer memories, and the chips for the automotive industry will rise in price by 70%.

Sandisk and TSMC have already announced up. Both TSMC and Sandisk announced Price increases For memory chips in the past days. That will affect its great clients –apple, Nvidia, among others – and as indicated In Techpowerup It is a clear confirmation that manufacturers want to maintain their gross margins. In Sandisk there have been 10% prices due to the “growing demand” of the AI ​​market, data centers and mobile devices. At the moment, they indicate In Trendforcethat climb has encountered resistance from customers.

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