Providing some uncommon perception into the size of HBM reminiscence gross sales – and on its development within the face of unprecedented demand from AI accelerator distributors – the corporate not too long ago disclosed that it expects HBM gross sales to make up “a double-digit proportion of its DRAM chip gross sales” this 12 months. Which if it involves go, would symbolize a major soar in gross sales for the high-bandwidth, high-priced reminiscence.
As first reported by Reuters, SK hynix CEO Kwak Noh-Jung has commented that he expects HBM gross sales will represent a double-digit proportion of its DRAM chip gross sales in 2024. This prediction corroborate with estimates from TrendForce, who imagine that, industry-wide, HBM will account for 20.1% of DRAM income in 2024, greater than doubling HBM’s 8.4% income share in 2023.
And whereas SK hynix doesn’t break down its DRAM income by reminiscence sort frequently, a little bit of extrapolation signifies that they are on monitor to soak up billions in HBM income for 2024 – having possible already crossed the billion greenback mark itself in 2023. Final 12 months, SK hynix’s DRAM income $15.941 billion, in response to Statista and TrendForce. So SK hynix solely wants 12.5% of its 2024 revenues to come back from HBM (assuming flat or constructive income general) in an effort to go 2 billion in HBM gross sales. And even it is a low-ball estimate.
General, SK hynix at the moment instructions about 50% of HBM market, having largely cut up the market with Samsung over the past couple of years. Provided that share, and that DRAM {industry} income is predicted to extend to $84.150 billion in 2024, SK hynix might earn as a lot as $8.45 billion on HBM in 2024 if TrendForce’s estimates show correct.
It needs to be famous that with demand for AI servers at document ranges, all three main makers of DRAM are poised to extend their HBM manufacturing capability this 12 months. Most notable here’s a nearly-absent Micron, who was the primary vendor to start out delivery HBM3E reminiscence to NVIDIA earlier this 12 months. So SK hynix’s near-majority of the HBM market could falter some this 12 months, although with a rising pie they’re going to have little purpose to complain. Finally, if gross sales of HBM attain $16.9 billion as projected, then all reminiscence makers can be having fun with important HBM income development within the coming months.
Sources: Reuters, TrendForce