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Micron Pops On Nvidia Partnership Buzz: Could Blackwell Chips Be The Memory Maker's Big Break?

Benzinga ·  00:16

Micron Technology Inc. (NASDAQ:MU) is making waves at CES 2025, with shares jumping 3.7% in early trading after Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang gave the company a major shoutout.

Nvidia's Blackwell Chips: A Boost For Micron

Huang confirmed Micron's high-bandwidth memory (HBM) chips power Nvidia's latest Blackwell architecture, calling them a game-changer for AI and graphics workloads.

"We're using Micron's G7 memory at 1.8 terabytes per second — double the performance of the previous generation," Huang noted while unveiling Nvidia's GeForce RTX 50 series GPU. This endorsement positions Micron at the forefront of next-gen AI hardware, with CEO Sanjay Mehrotra calling HBM demand "transformational" for the Boise-based firm.

Adding to the excitement, Nvidia unveiled a $3,000 computer, "Project Digits," featuring Micron's DDR5X HBM.

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