John Vinh

John Vinh asked why customers are requesting HBM4 specifications that significantly exceed original JEDEC standards, such as greater than 11 Gb/s pin speed and 2.8 TB/s bandwidth. He also asked for confirmation if the fiscal Q1 guidance implies positive interest income.

Answer

Sumit Sadana, Chief Business Officer, explained that customers are seeking higher bandwidth to improve ROI for their end customers by increasing tokens, reducing time-to-first token, and achieving a lower cost per token, with Micron's HBM4 setting a new performance bar. Mark Murphy, CFO, confirmed that interest is expected to flip to income due to greater capitalized interest, lower debt, and higher cash balances.

John Vinh asked why customers are requesting HBM4 specifications that exceed original JEDEC standards, such as greater than 11 Gbps pin speed and 2.8 TB/s bandwidth. He also asked Mark Murphy for a housekeeping clarification on whether the Q1 guidance implies positive interest income to achieve the $3.75 EPS midpoint.

Answer

Sumit Sadana, EVP and Chief Business Officer, explained that customers are seeking maximum ROI, which translates to higher bandwidth to increase tokens, reduce time-to-first token, and achieve a lower cost per token, making for a more attractive solution. He noted that Micron's HBM4 specs set a new performance bar. Mark Murphy, CFO, confirmed that interest is expected to flip to income due to greater capitalized interest, lower debt, and higher cash balances.

John Vinh asked why customers are requesting HBM4 performance specifications that exceed original JEDEC standards, such as 2.8 terabytes per second and 11 gigabits per second pin speed. He also asked Mark Murphy for clarification on whether the guidance implies positive interest income for the quarter.

Answer

Sumit Sadana, EVP and Chief Business Officer, explained that customers are seeking higher bandwidth to improve ROI for their end customers, enabling increased tokens, reduced time-to-first token, and lower cost per token. He noted that Micron's HBM4 specs set a new performance bar for high-performing systems. Mark Murphy, EVP & CFO, confirmed that interest is expected to flip to income due to greater capitalized interest, lower debt, and higher cash balances.