Micron’s $18.3–19.1B Q2 Revenue Outlook Supports AMD’s AI Chip Platforms
Micron forecasts fiscal Q2 revenue of $18.3–19.1 billion, driven by high-bandwidth memory (HBM) chip demand from hyperscalers and AMD’s AI platforms. Meanwhile, NVIDIA’s GPUs saw Q3 sales jump 62% year-over-year to $57 billion, intensifying competition for AMD in AI data-center hardware.
1. Micron Raises Q2 Revenue Guidance
Micron projected fiscal second-quarter revenue of $18.3 billion to $19.1 billion, up from $13.64 billion in the prior quarter, driven by surging demand for high-bandwidth memory chips among hyperscalers and data-center operators.
2. AMD Benefits from HBM Supply
AMD’s AI accelerators rely on Micron’s HBM modules to deliver higher memory bandwidth for machine-learning workloads, and tight HBM supply has enhanced pricing power that indirectly supports AMD’s GPU profit margins.
3. Intense Competition from NVIDIA
NVIDIA reported 62% year-over-year revenue growth to $57 billion in its fiscal third quarter, as Blackwell-architecture GPUs and data-center chips fuel robust demand, intensifying competition for AMD in the AI hardware market.