Micron says memory shortage will ‘persist’ beyond 2026
Micron, one of the three biggest memory suppliers in the world, forecasts rough months ahead for the global RAM supply. As part of its earnings report released on Wednesday, Micron CEO Sanjay Mehrotra said “tight industry conditions” across DRAM and NAND flash memory are expected to “persist through and beyond” 2026 as AI drives up demand.
With the AI boom in full swing, Micron is making more money than ever as companies like OpenAI, Meta, Microsoft, and Google fill their data centers with powerful chips that come packaged with high-bandwidth memory (HBM). It once again reported record revenue of $13.64 billion this past quarter, a sizeable …
Read the full story at The Verge.
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