Micron Warns Memory Shortage Will Get Worse Through 2028
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Memory supply is already tight, and Micron expects the squeeze to get worse before it gets better.
Micron Technology expects demand for memory and storage to outstrip supply throughout 2027 and 2028, extending pressure that is already contributing to higher component costs across PCs, servers and other electronics.
“We expect memory and storage supply-demand conditions to be much tighter in calendar 2027 and 2028 than they were in 2026,” CEO Sanjay Mehrotra said in prepared remarks for the company’s fiscal fourth-quarter earnings call.
More than 75% of Micron’s planned fiscal 2027 output is already committed, while most new customer discussions have shifted to 2028 volumes. For businesses planning hardware refreshes, that raises the prospect of elevated prices and...
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