How did mobile business impact Micron's Q1 2025?

Micron's Mobile Business Unit contributed to the company's Q1 2025 performance, albeit with a relatively modest increase. Here's a detailed analysis:

1. **Revenue Growth**: The Mobile Business Unit reported a 16.3% year-over-year increase in revenues, reaching $1.5 billion. This growth reflects heightened demand for storage chips in smartphones, which is a positive indicator for Micron's mobile segment.
2. **Sequential Growth**: There was a notable 19% quarter-over-quarter increase in revenues within the Mobile Business Unit. This suggests that while the year-over-year growth may appear modest, there is significant momentum building up from one quarter to the next, which is a promising sign for the unit's future prospects.
3. **Comparison with Other Segments**: When compared to other segments, such as the Compute and Networking Business Unit, which saw a 153% increase in revenues from the previous year, the Mobile Business Unit's growth may seem relatively lower. However, it is important to consider the base from which growth is occurring.

In summary, while the impact of the Mobile Business Unit on Micron's Q1 2025 performance may not be the most significant, it does contribute positively to the overall growth narrative, particularly with consistent sequential growth and the backdrop of increasing demand for storage chips in mobile devices.