AI Chips

HBM Market Share by Supplier

HBM (High-Bandwidth Memory) = the stacked-DRAM chips that pair with every NVIDIA/AMD AI accelerator; without it, the GPU starves. SK Hynix dominates HBM3E with roughly 60% share after winning the H100/H200/B100 sockets first. Samsung trails on manufacturing yield; Micron is the credible #3.

HBM market share by revenue. SK Hynix leads as NVIDIA's primary HBM3E supplier. Micron gaining share with aggressive ramp. 2025E = estimate. Sources: TrendForce, company earnings calls.

HBM Industry Revenue Growth

Total quarterly revenue across all HBM (High-Bandwidth Memory) suppliers. Up roughly 20x since early 2022 because every AI accelerator now ships with 80–192 GB of stacked DRAM — making HBM the highest-margin memory product in the industry.

Total HBM industry revenue (all suppliers combined) in $ billions per quarter. Revenue surged 20x from early 2022 driven by AI accelerator demand. Q1-Q2 2025 are estimates. Sources: TrendForce, company earnings, analyst reports.

HBM Generation Comparison

How each HBM (High-Bandwidth Memory) generation compares on bandwidth, capacity per stack, layer count, and which AI chips use it. HBM3E is the volume product today (NVIDIA H200, B100); HBM4 begins shipping in late 2025 with roughly 2x the bandwidth.
GenerationYearBandwidthCapacity/StackLayersTSV PitchUsed InStatus
HBM22018256 GB/s8 GB/stack8-Hi~40 μm
NVIDIA V100AMD MI60
Legacy
HBM2E2020460 GB/s16 GB/stack8-Hi~36 μm
NVIDIA A100Intel Gaudi 2
Mature
HBM32022665 GB/s24 GB/stack12-Hi~30 μm
NVIDIA H100AMD MI300X
Mass Production
HBM3E20241.18 TB/s36 GB/stack12-Hi~26 μm
NVIDIA B200AMD MI325X
Mass Production
HBM42025–20262.0 TB/s48 GB/stack16-Hi~20 μm
NVIDIA Rubin (expected)AMD MI400 (expected)
Sampling
HBM4E2026–20273.25 TB/s64 GB/stack16-Hi~18 μm
Next-gen AI accelerators
Development

HBM specifications by generation. Bandwidth figures are per-stack maximums. HBM4/4E specs are preliminary based on JEDEC standards and manufacturer previews. Sources: JEDEC, SK Hynix, Samsung, Micron product announcements.

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AI Chips - Memory | Sterling