Micron launches industry’s thinnest LPDDR5X memory chi

BOISE, Idaho - Micron Technology, Inc. (NASDAQ:MU), a $110 billion market cap semiconductor giant currently trading below its InvestingPro Fair Value, has started shipping qualification samples of what it claims to be the world’s first 1-gamma node-based LPDDR5X memory. This new development is aimed at enhancing the performance of AI applications on flagship smartphones, offering the fastest LPDDR5X speed grade at 10.7 Gbps and promising up to a 20% power saving.

The memory technology is not only notable for its speed and efficiency but also for its compact size. At 0.61 millimeters, Micron’s LPDDR5X package is reportedly 6% thinner than its closest competitors, which could lead to more innovative smartphone designs, including ultrathin and foldable models. As a prominent player in the Semiconductors industry with projected 41% revenue growth this fiscal year, Micron continues to demonstrate its innovation leadership.

Mark Montierth, corporate vice president and general manager of Micron’s Mobile and Client Business Unit, described the new LPDDR5X memory as a "game-changer" for the mobile industry, combining high speeds with significant power efficiency in a particularly slim package.

Micron’s 1-gamma-based LPDDR5X enables faster AI insights on mobile devices, with tests showing a 30% quicker response in providing location-based restaurant recommendations and more than 50% faster results when translating voice inquiries. These improvements are critical as mobile AI workloads become more prevalent and energy-intensive.

The company’s use of advanced EUV lithography in the development of this memory technology underscores its commitment to providing customers with early access to the latest performance and power efficiency advancements. This move builds on Micron’s previous sampling of 1-gamma-based DDR5 memory for data center and client CPUs.

As AI continues to demand more powerful and energy-efficient compute capabilities, Micron’s LPDDR5X could also find applications beyond smartphones, including in data center servers, intelligent vehicles, and AI PCs.

Micron is currently sampling 16GB versions of the 1-gamma-based LPDDR5X to select partners and plans to offer capacities ranging from 8GB to 32GB for 2026 flagship smartphones.

This announcement is based on a press release statement from Micron Technology, Inc. With strong financial health metrics and multiple growth catalysts, Micron presents an interesting investment case. InvestingPro subscribers can access 8 additional exclusive tips and a comprehensive Pro Research Report, providing deeper insights into Micron’s valuation and growth prospects.

In other recent news, Micron Technology has announced a significant reorganization into four market segment-focused business units, aiming to capitalize on growth opportunities in artificial intelligence across various sectors. This restructuring is set to be completed by the start of the company’s fiscal fourth quarter in 2025, with financial outcomes reported under the new structure. Meanwhile, Micron did not update its financial guidance during the J.P. Morgan Global Technology, Media and Communications Conference, which resulted in some investor disappointment. The unchanged guidance suggests a cautious approach amid current semiconductor market conditions.

JPMorgan analysts have expressed confidence in Micron’s trajectory, noting strong demand for its DRAM and NAND memory, particularly in datacenter applications. The company is progressing with its HBM3E 12-hi ramp, integrated into NVIDIA’s GB300, with expectations for yield improvements and cost reductions. Additionally, industry analyst Ming-Chi Kuo highlighted that Apple’s upcoming iPhone 17 models will feature 12GB of DRAM, potentially benefiting suppliers like Micron.

Rosenblatt Securities also provided a positive outlook for Micron, citing favorable demand drivers in the memory sector, including increased AI usage and server demand. These developments reflect Micron’s strategic focus on high-performance memory and storage solutions, positioning the company to leverage growth in AI-driven markets.

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