Bullish
Micron's CEO projects worsening RAM shortages through 2028 amid record profits
Micron Technology's CEO, Sanjay Mehrotra, forecasts escalating RAM and storage chip shortages through 2028, driven by sustained demand, particularly from AI data centers. This outlook follows the company's record fiscal Q4 2026 results, with revenue up 379% year-over-year to $54.23 billion and a gross margin of 87%. The tight supply and booming AI sector are fueling record profits and employee bonus demands.
Key points
- Micron's fiscal Q4 2026 revenue surged 379% year-over-year to $54.23 billion, with a gross margin of 87%.
- CEO Sanjay Mehrotra projects RAM and storage chip shortages to worsen through 2028, citing strong demand from AI data centers.
- Micron's Taiwan staff are demanding higher pay, with potential strikes, amid record profits and tight supply.
- Acer's CEO predicts price declines due to Chinese market entrants and consumer resistance, contrasting Micron's outlook.
Sources
- Micron now has an 88% margin on consumer memory as price hikes drive profitsTom's Hardware · October 3, 2026
- Micron projects tightening RAM shortages through 2028 as it generates record profitTom's Hardware · October 1, 2026
- RAM crisis to get worse in 2027 and 2028 - and then the robots are comingTechRadar · October 1, 2026
- Micron lawsuit claims Chinese memory maker YMTC poached its engineers, then sued it using its own stolen techTom's Hardware · October 1, 2026
AI-generated from public news sources. Not financial advice.
