April 11 (Reuters) - Memory chipmaker Micron Technology ( MU )
said on Thursday the April 3 earthquake in Taiwan would
hurt a calendar quarter of its dynamic random access memory
(DRAM) supply by up to a mid-single digit percentage.
The company is present in four locations in Taiwan, which
plays an outsized role in the global chip supply chain and the
earthquake had raised concerns of a potential disruption.
Micron said it was not yet at full DRAM production following
the earthquake, but added there would be no impact to its
long-term DRAM supply capability.
DRAM is used extensively in data centers, personal
computers, smartphones and other computing devices.
Investors have driven a rally in Micron's stock as demand
sky-rockets for its chips from the booming AI industry.
Micron said in February it had started mass production of
its high-bandwidth memory (HBM) chips for use in Nvidia's ( NVDA )
H200 graphics processing units used in AI applications.
The company's HBM chips, which are used in the development
of AI applications, were sold out for 2024 and a majority of
2025 supply had already been allocated, CEO Sanjay Mehrotra said
in March.
Micron has previously described HBM chips as a stacked DRAM
technology. The company did not specify whether its HBM supplies
will be hampered by the earthquake.