Who Micron buys from and sells to
The only US-based maker of DRAM, HBM and NAND flash, sold to data centres, PCs, phones and cars.
Part of AI Capex spending
Buys from 5
Sells to 5
- NVIDIANVDAHBM committed years ahead of delivery
- AMDAMDHBM for the MI line
- DellDELLserver and PC memory
- AppleAAPLmobile memory
- Hyperscalersserver DRAM and data-centre SSDs
Where the chain could break
- HBM output is largely contracted to a few AI chip buyers
- One customer was 17% of FY2025 revenue; none passed 10% in FY2026
- Much DRAM is made in Taiwan and Japan; memory prices swing hard with the cycle
Competes with
- SK hynixSKHYHBM and DRAM, the share leader in HBM
- SamsungDRAM, HBM and NAND across the board
- SandiskSNDKNAND flash and SSDs
Mapped by hand from filings and company reporting, as of October 2026. It shows the relationships that matter most, not every contract: most are never disclosed, and agreements change.