Micron integrates HBM3E 36GB memory with AMD's MI350 GPUs, enhancing performance and efficiency for AI and HPC workloads.
Quiver AI Summary
Micron Technology, Inc. announced its integration of the HBM3E 36GB 12-high memory product into AMD's upcoming Instinct™ MI350 Series solutions, emphasizing both power efficiency and performance essential for training large AI models and managing complex HPC workloads. This collaboration showcases Micron's industry leadership in high-bandwidth memory and strong customer relationships, as the HBM3E solution offers outstanding bandwidth while reducing power consumption. The AMD Instinct MI350 Series, leveraging this memory, supports up to 520 billion parameters on a single GPU and can achieve peak performance levels of up to 161 PFLOPS, enhancing efficiency for high-density AI applications. Executives from both companies highlighted the benefits of their partnership in optimizing compatibility and improving total cost of ownership for demanding AI systems, with Micron's HBM3E now qualified on multiple AI platforms.
Potential Positives
- Micron's HBM3E 36GB 12-high offering enhances the performance and energy efficiency of AMD’s Instinct™ MI350 Series GPUs, highlighting Micron's leadership in high-bandwidth memory technology.
- The collaboration with AMD enables faster time to market for AI solutions, demonstrating the strength of Micron's customer relationships and engineering capabilities.
- The joint solution allows for the support of AI models with up to 520 billion parameters, showcasing Micron's role in advancing large-scale AI and HPC workloads.
- Micron's HBM3E product is now qualified on multiple leading AI platforms, broadening its market reach and application in high-performance computing environments.
Potential Negatives
- None
FAQ
What is the Micron HBM3E 36GB 12-high solution?
The Micron HBM3E 36GB 12-high is a high-bandwidth memory technology integrated into AMD Instinct™ MI350 Series solutions.
How does HBM3E enhance AI model training?
HBM3E provides exceptional bandwidth and power efficiency, supporting complex AI workloads and facilitating faster training of large models.
What are the key features of the AMD Instinct MI350 Series?
The MI350 Series includes 288GB of HBM3E memory, achieving up to 8 TB/s bandwidth and 161 PFLOPS peak performance.
Who are the key partners in this collaboration?
The collaboration is between Micron Technology and AMD, focusing on optimizing compatibility and performance for AI solutions.
Where can I find more information about Micron's products?
For more details, visit Micron's website at micron.com and explore their HBM product portfolio.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MU Congressional Stock Trading
Members of Congress have traded $MU stock 4 times in the past 6 months. Of those trades, 1 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $MU stock by members of Congress over the last 6 months:
- REPRESENTATIVE ROBERT BRESNAHAN sold up to $15,000 on 04/08.
- REPRESENTATIVE JULIE JOHNSON sold up to $15,000 on 04/07.
- REPRESENTATIVE JEFFERSON SHREVE sold up to $50,000 on 04/07.
- SENATOR ASHLEY MOODY purchased up to $100,000 on 01/22.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$MU Insider Trading Activity
$MU insiders have traded $MU stock on the open market 24 times in the past 6 months. Of those trades, 0 have been purchases and 24 have been sales.
Here’s a breakdown of recent trading of $MU stock by insiders over the last 6 months:
- SCOTT J DEBOER (EVP, CTO and Products Officer) has made 0 purchases and 2 sales selling 43,047 shares for an estimated $4,504,700.
- APRIL S ARNZEN (EVP and Chief People Officer) has made 0 purchases and 2 sales selling 19,890 shares for an estimated $1,859,376.
- SANJAY MEHROTRA (President and CEO) has made 0 purchases and 10 sales selling 15,000 shares for an estimated $1,615,074.
- MICHAEL CHARLES RAY (SVP, Chief Legal Officer) has made 0 purchases and 2 sales selling 13,050 shares for an estimated $1,305,000.
- SCOTT R. ALLEN (CVP, Chief Accounting Officer) sold 5,000 shares for an estimated $508,800
- MARY PAT MCCARTHY has made 0 purchases and 7 sales selling 4,808 shares for an estimated $415,712.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MU Hedge Fund Activity
We have seen 938 institutional investors add shares of $MU stock to their portfolio, and 903 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL WORLD INVESTORS added 13,185,983 shares (+32.1%) to their portfolio in Q1 2025, for an estimated $1,145,730,062
- INFINITUM ASSET MANAGEMENT, LLC added 6,871,200 shares (+8589.0%) to their portfolio in Q1 2025, for an estimated $597,038,568
- JPMORGAN CHASE & CO removed 6,543,762 shares (-20.7%) from their portfolio in Q1 2025, for an estimated $568,587,480
- NORGES BANK added 5,799,020 shares (+49.7%) to their portfolio in Q4 2024, for an estimated $488,045,523
- CAPITAL INTERNATIONAL INVESTORS added 4,892,312 shares (+29.8%) to their portfolio in Q1 2025, for an estimated $425,092,989
- NATIONAL BANK OF CANADA /FI/ removed 4,134,305 shares (-50.4%) from their portfolio in Q1 2025, for an estimated $359,229,761
- D. E. SHAW & CO., INC. removed 4,031,603 shares (-96.1%) from their portfolio in Q1 2025, for an estimated $350,305,984
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$MU Analyst Ratings
Wall Street analysts have issued reports on $MU in the last several months. We have seen 3 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Citigroup issued a "Buy" rating on 06/09/2025
- Wedbush issued a "Underperform" rating on 04/28/2025
- Barclays issued a "Overweight" rating on 03/21/2025
- KeyBanc issued a "Overweight" rating on 12/19/2024
To track analyst ratings and price targets for $MU, check out Quiver Quantitative's $MU forecast page.
$MU Price Targets
Multiple analysts have issued price targets for $MU recently. We have seen 5 analysts offer price targets for $MU in the last 6 months, with a median target of $125.0.
Here are some recent targets:
- An analyst from Morgan Stanley set a target price of $112.0 on 03/21/2025
- Matt Bryson from Wedbush set a target price of $125.0 on 12/19/2024
- Brian Chin from Stifel Nicolaus set a target price of $130.0 on 12/19/2024
- Tom O'Malley from Barclays set a target price of $110.0 on 12/19/2024
- Aaron Rakers from Wells Fargo set a target price of $140.0 on 12/19/2024
Full Release
A Media Snippet accompanying this announcement is available in this link.
BOISE, Idaho, June 12, 2025 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced the integration of its HBM3E 36GB 12-high offering into the upcoming AMD Instinct™ MI350 Series solutions. This collaboration highlights the critical role of power efficiency and performance in training large AI models, delivering high-throughput inference and handling complex HPC workloads such as data processing and computational modeling. Furthermore, it represents another significant milestone in HBM industry leadership for Micron, showcasing its robust execution and the value of its strong customer relationships.
Micron HBM3E 36GB 12-high solution brings industry-leading memory technology to AMD Instinct™ MI350 Series GPU platforms, providing outstanding bandwidth and lower power consumption. 1 The AMD Instinct MI350 Series GPU platforms, built on AMD advanced CDNA 4 architecture, integrate 288GB of high-bandwidth HBM3E memory capacity, delivering up to 8 TB/s bandwidth for exceptional throughput. This immense memory capacity allows Instinct MI350 series GPUs to efficiently support AI models with up to 520 billion parameters—on a single GPU. In a full platform configuration, Instinct MI350 Series GPUs offers up to 2.3TB of HBM3E memory and achieves peak theoretical performance of up to 161 PFLOPS at FP4 precision, with leadership energy efficiency and scalability for high-density AI workloads. This tightly integrated architecture, combined with Micron’s power-efficient HBM3E, enables exceptional throughput for large language model training, inference and scientific simulation tasks—empowering data centers to scale seamlessly while maximizing compute performance per watt. This joint effort between Micron and AMD has enabled faster time to market for AI solutions.
“Our close working relationship and joint engineering efforts with AMD optimize compatibility of the Micron HBM3E 36GB 12-high product with the Instinct MI350 Series GPUs and platforms. Micron’s HBM3E industry leadership and technology innovations provide improved TCO benefits to end customers with high performance for demanding AI systems,” said Praveen Vaidyanathan, vice president and general manager of Cloud Memory Products at Micron.
“The Micron HBM3E 36GB 12-high product is instrumental in unlocking the performance and energy efficiency of AMD Instinct™ MI350 Series accelerators,” said Josh Friedrich, corporate vice president of AMD Instinct Product Engineering at AMD. “Our continued collaboration with Micron advances low-power, high-bandwidth memory that helps customers train larger AI models, speed inference and tackle complex HPC workloads.”
Micron HBM3E 36GB 12-high product is now qualified on multiple leading AI platforms. For more information on Micron’s HBM product portfolio, visit: High-bandwidth memory | Micron Technology Inc.
Additional Resources:
About Micron Technology, Inc.
Micron Technology, Inc. is an industry leader in innovative memory and storage solutions, transforming how the world uses information to enrich life for all . With a relentless focus on our customers, technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND, and NOR memory and storage products through our Micron ® and Crucial ® brands. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.
© 2025 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.
Micron Product and Technology Communications Contact:
Mengxi Liu Evensen
+1 (408) 444-2276
[email protected]
Micron Investor Relations Contact
Satya Kumar
+1 (408) 450-6199
[email protected]
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1
Data rate testing estimates are based on shmoo plot of pin speed performed in a manufacturing test environment. Power and performance estimates are based on simulation results of workload uses cases.
