‘No Line of Sight’ to the End of the Memory Shortage, Micron Says
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5 Articles
‘No line of sight’ to the end of the memory shortage, Micron says
Micron says the global memory shortage will get tighter over the next two years. The US chipmaker reported record results on Wednesday. Revenue for the quarter to 3 September rose nearly fivefold from a year earlier, to $54.23bn, the company said. Net income reached $37.7bn, up from $3.2bn a year earlier. Gross margin hit 86.8%, […] This story continues at The Next Web
Buckle Up, Memory Shortages Are Reportedly Set To Get Worse In 2027
"the supply-demand environment is only getting tighter".If you were perhaps hoping that the ongoing memory crisis would abate in the coming months, we have some unfortunate news for you.As reported by The Register, memory shortages are set to get even worse in 2027, with Sanjay Mehrotra, CEO of Micron Technology, stating that demand is already far exceeding supply. He even goes so far as to say that customers will likely pay "much higher prices"…
Micron achieved record quarterly results, but its CEO warns that memory demand will exceed supply in 2027 and 2028. The boom of artificial intelligence is also pushing component prices for consumer devices.
Micron's sales growth in just three months exceeds total quarterly sales of one year ago. The margin is still increasing.
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