“Core Data Center revenue +653% Y/Y driven by AI inference workloads and accelerating HBM ramp. HBM supply remains tight — demand exceeding available capacity through FY26.”
“Cloud Memory +307% Y/Y as hyperscaler AI infrastructure buildout continues to accelerate. Server DRAM content per unit rising driven by larger LLM model footprints.”
“Mobile & Client +254% Y/Y — consumer DRAM recovery ahead of prior guidance. PC DRAM pricing stabilizing as inventory correction mostly complete.”
“NAND pricing stabilizing but not a primary growth driver this cycle. Enterprise SSD demand healthy; consumer NAND oversupply headwinds easing through H2.”