Earnings Call Summary | Micron Technology(MU.US) Q1 2025 Earnings Conference
Earnings Call Summary | Micron Technology(MU.US) Q1 2025 Earnings Conference
Expectations are set for sequential reacceleration in data center SSD in fiscal Q3, driven by robust AI demand.The following is a summary of the Micron Technology, Inc. (MU) Post Earnings Q1 2025 Earnings Call Transcript:
以下是美光科技公司（MU）發佈的2025財年第一季度業績會摘要：
Financial Performance:
財務表現：
Micron Technology reported a 100 basis point decline in gross margin, primarily due to NAND-related issues such as mixed pricing and lower shipments.
DRAM pricing remains stable with positive mix impacts from high-value memory (HVM) and server DRAM, although offset by weak commodity pricing.
Expectations are set for sequential reacceleration in data center SSD in fiscal Q3, driven by robust AI demand.
美光科技報告稱毛利率下降100個點子，主要是由於與NAND相關的問題，如價格混合和出貨量減少。
DRAM價格保持穩定，受高價值內存（HVM）和服務器DRAM的積極組合影響，不過受到疲軟商品價格的抵消。
預計在2025財年第三季度，數據中心SSD將實現連續加速，主要受強勁的人工智能需求驅動。
Business Progress:
業務進展：
Micron has made significant advancements in its enterprise and data center SSD market share, growing from 3-5% to approximately 14%.
The company introduced the world's first PCIe Gen5 60 terabyte SSD and the 9550, the fastest SSD, contributing to several quarters of record-setting revenue and market share performance.
美光在其企業和數據中心SSD市場份額方面取得了顯著進展，從3-5%增長到約14%。
該公司推出了全球首款PCIe Gen5 60TB SSD和9550，最快的SSD，推動了多個季度的創紀錄營業收入和市場份額表現。
Opportunities:
機會：
The data center segment, especially data center SSDs, is anticipated to see continued growth supported by strong customer capital expenditures into 2025.
Growth opportunities are also seen in high-capacity DRAM DIMMs and leading-edge memory products like LPDDR5x.
數據中心部門，特別是數據中心SSD，預計在2025年前將繼續增長，受到客戶資本支出的強大支持。
高容量DRAM DIMM和前沿內存產品如LPDDR5x也被視爲增長機會。
Risks:
風險：
The near-term moderation in data center SSD, seasonal fluctuations, and continued high inventory levels in customer channels pose risks for fiscal Q2.
NAND market conditions are expected to remain challenging into the fiscal third quarter, impacting gross margins.
數據中心SSD的短期調整、季節性波動以及客戶渠道的高庫存水平對財年第二季度構成了風險。
NAND市場條件預計在財年第三季度將仍然具有挑戰性，從而影響毛利率。
More details: Micron Technology IR
更多詳情：美光科技投資者關係
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由人工智能生成。內容的準確性無法得到完全保證。有關更全面的細節，請參考投資者關係網站。本文僅供投資者參考，不構成任何指導或建議。