HBM Revenue Poised To Cross B as SK hynix Predicts First Double-Digit Revenue Share

HBM Revenue Poised To Cross $10B as SK hynix Predicts First Double-Digit Revenue Share

Offering some rare insight into the scale of HBM's memory sales — and its growth in the face of unprecedented demand from AI accelerator vendors — the company recently revealed that HBM's sales of “its DRAM chip expects to make double-digit percent of sales. ” this year. Which, if it happens, would represent a significant jump in sales of high-bandwidth, high-cost memory.

As previously reported. ReutersSK hynix CEO Kwak Noh-Jung has commented that he expects HBM sales to make up a double-digit percentage of its DRAM chip sales in 2024. Trend forcewho believe that industry-wide, HBM will account for 20.1% of DRAM revenue in 2024, more than doubling HBM's 8.4% revenue share in 2023.

And while SK hynix doesn't break out its DRAM revenue by memory type on a regular basis, a little extrapolation indicates that they're on track to overtake HBM's revenue by billions by 2024 — which That has likely already crossed the billion dollar mark. 2023. Last year, SK Hanks' DRAM revenue was $15.941 billion, according to Statista. And Trend force. So SK hynix only needs 12.5% ​​of its 2024 revenue to come from HBM (assuming overall flat or positive revenue) in order for HBM to pass 2 billion in sales. And even that's a low-ball estimate.

Overall, SK hynix currently commands about 50% of HBM marketThe last two years have largely divided the market with Samsung. Given this share, and the revenue of the DRAM industry is expected to increase. $84.150 billion in 2024SK hynix could earn as much as $8.45 billion on HBM in 2024 if TrendForce's estimates prove correct.

Notably, with demand for AI servers at record levels, all three leading DRAM makers are set to increase their HBM production capacity this year. Most notable here is the almost-missing Micron, which was the first vendor to begin shipping HBM3E memory to NVIDIA earlier this year. So SK hynix's majority of the HBM market may see some decline this year, although with a growing pie they'll have little reason to complain. Ultimately, if HBM's sales reach the estimated $16.9 billion, all memory makers will enjoy a significant increase in HBM's revenue in the coming months.

Sources: Reuters, Trend force

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