Micron Reports Record DRAM Revenue Growth in Q4
Micron Technology reported a record $39.8 billion in quarterly revenue from its DRAM business, reflecting a year-over-year increase of 343%. The surge is attributed to ongoing supply shortages and strong demand for memory chips across various sectors. In addition to the DRAM growth, Micron's data center segment also saw significant gains, with $18 billion in quarterly revenue compared to just $1.57 billion a year earlier. NAND flash revenue rose 526% to $14.1 billion for the quarter, further highlighting robust performance across its product lines. The results underscore Micron's strong position amid favorable market conditions and could signal continued momentum as demand remains high.
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Topics: Data Center Business DRAM NAND Semiconductors