AI IntelligenceMay 24, 2026AI Intelligence
Article
High-bandwidth memory (HBM) has grown from 52% to 63% of total AI chip component spending between early 2024 and late 2025.
Absolute HBM spending rose from $12 billion to about $40 billion. This explains why AI hardware remains expensive despite advances.
Data Cube AI EditorialSource: Epoch AI
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Source Brief
High-bandwidth memory (HBM) has grown from 52% to 63% of total AI chip component spending between early 2024 and late 2025. Absolute HBM spending rose from $12 billion to about $40 billion. This explains why AI hardware remains expensive despite advances.
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