HBM prices are projected to more than double to ~$35 per GB by 2030 even as shipments nearly quadruple which is unusual for memory where prices typically fall as production scales. That combination could push HBM market toward ~$640B by 2030 giving $MU and $SKHY an opportunity to benefit from both higher volumes and stronger pricing as HBM4 becomes more complex to manufacture.

HBM4 and HBM4E are expected to nearly triple their share of HBM demand to 48% in 2027 as $NVDA Rubin and next-gen AI chips require a ton more advanced memory. What’s also wild is that HBM3E 8-Hi is expected to double its share to 17% suggesting ASICs are expanding the market and giving $MU and $SKHY more ways to grow across both premium and mature memory.

HBM supply vs demand gab in Gigabits. What you must understand: -That -7% bit shortfall is really a -21% to -28% wafer shortfall for HBM4E. It eats 3x to 4x more wafers per bit due to TSV and very low stack yields. -The gap went from -1% to -7%. It's widening even as all 3 giants pour resources and wafer starts into HBM. That's a breakout. -2027 new supply is already sold out. The memory trio is ramping with discipline, and SK Hynix's chairman doesn't see balance returning even by 2030.

HBM: keep >40% revenue share next year. FY27 blended ASP now +48% y/y (was +35%). 8Hi mix seen at 55–60% as key customers lean 8Hi over 12Hi on HBM4 / HBM4E. Undersupply through FY28. $SKHY

#HBM# is now a defining technology of the #AI# era. But its story began long before the AI boom. One question is worth decoding: Who developed the world’s first HBM? Trace the origins of HBM and its evolution into a critical AI memory technology. #SKhynix# #HBM4E# #AIMemory#

HBM was built for Artificial Intelligence. It's not where data sits. It's where AI thinks. Stupid analysts keep pricing it like a storage commodity cycle. You and I are the contrarians on the other side of that trade. Stay early. Stay right. $MU $SKHY $SNDK

Samsung: HBM to take nearly 30% of industry DRAM wafer capacity in 2027 (up from ~20%). HBM and conventional DRAM compete for the same wafers - further HBM expansion squeezes standard DRAM supply. Note: HBM uses ~3× wafer area per bit, so 30% wafers ≈ only ~13% of bits. Source: Samsung EVP Kim Taewoo via Reuters $SSNLF $SKHY $MU

TrendForce: HBM > Blended ASP is now projected to jump 121% YoY. > 8-Hi setups are expected to be a priority for evaluation by many GPU and ASIC vendors in 2027. > TrendForce expects 8-Hi products to carry a roughly 10–20% price premium per Gb over 12-Hi products in 2027. > Expects the HBM market to remain supply-constrained in 2027. $MU $RAM $DISK $EWY