Micron reports HBM4 chip growth, revenue surge ahead of June 24 earnings

Micron Technology reports HBM4 chips deliver 60% more capacity and 20% better energy efficiency than HBM3E, driving 700% stock gain over a year. HBM4 powers Nvidia Vera Rubin GPUs set for second-half launch, supporting AI data center demand. The HBM market is projected to grow from $35 billion to $100 billion by 2028.