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Micron Says Memory Shortage Will 'Persist' Beyond 2026 (theverge.com) 47

Micron, one of the world's three largest memory suppliers, expects the global shortage of DRAM and NAND flash memory to "persist through and beyond" 2026 as AI-driven demand continues to outstrip supply. CEO Sanjay Mehrotra made the forecast during the company's latest earnings call on Wednesday, saying that "supply will remain substantially short of the demand for the foreseeable future." The company posted record quarterly revenue of $13.64 billion, up from $8.71 billion in the same period last year.

Micron recently shuttered Crucial, its consumer-facing brand, to focus on high-bandwidth memory for AI data centers. HBM technology requires three times the silicon wafers of standard DRAM, leaving fewer resources for the chips that go into PCs, smartphones and cars. Micron plans to boost DRAM and NAND shipments by 20 percent next year but acknowledged this won't meet demand. New facilities in Idaho and New York are slated for 2027 and 2030 respectively.
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Micron Says Memory Shortage Will 'Persist' Beyond 2026

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  • My wallet will stay closed to memory purchases for the duration of this price spike.

    • My wallet will stay closed to memory purchases for the duration of this price spike.

      Price spike? You have to pretend to be an AI datacenter to even be eligible to purchase memory from Micron. Which, I assume, will require a purchase well beyond what any individual could ever reasonably need, unless you happen to actually own your own large-scale datacenter.

      • by dvice ( 6309704 )

        I think that pretty much all memory modules have spiked. I just checked Kingston (consumer) DDR4 16 GB memory module, which price has gone from 42 euros to 131 euros within 6 months. Kingston buys DRAM chips from Micron, SK Hynix, Powerchip, Nanya and others.

      • by batkiwi ( 137781 )

        Consumer DDR5 prices have tripled to quadrupled in the last 6 months.

        I bought my daughter a PC in january, and I am building one for myself now.

        In AUD the exact same 2x16GB DDR5 6000mT/s CL30 ram from the exact same store has gone from $182 to $699. Most of that increase has happened the last 8 weeks since these contracts were signed.

    • by DewDude ( 537374 )

      That's what they want.

      They want you to not buy anything going forward.

  • Be nice if MRAM was more mature especially OHE.

  • by Fly Swatter ( 30498 ) on Thursday December 18, 2025 @12:15PM (#65866769) Homepage
    I hope when the AI bursts they are left holding mountains of inventory no one wants.Yea I get it, there's a 'shortage'. Sure sure.
    • Capitalism means they sell it at a lower price than expected.

      But that also assumes the AI bubble bursts affects all computing. There is the likely possibility that as the AI bubble bursts because it is replaced with an entirely different computing style. In which case, chips will become even more valuable. Among other things, if the military decides they really need more drones, they could easily take all the memory.

    • by tlhIngan ( 30335 )

      I hope when the AI bursts they are left holding mountains of inventory no one wants.Yea I get it, there's a 'shortage'. Sure sure.

      It's happened so many times the memory makers aren't making more memory. They just shift the memory they make without increasing capacity. They kept getting burned the last few times when there was a huge demand, they make more, then demand vanishes and they're stuck with a surplus. So they're not making more, they just going to let prices rise and pocket the profits. When demand

      • And that is why the loss of Crucial is a hard hit on people. They were reliable and you always get what was advertised on the box.

        I get it, RAM producers are always playing catch up - but abandoning an entire market is not playing catch up it is throwing them under the bus on the way to the bank.
  • Thanks AI'ssholes (Score:4, Informative)

    by BrendaEM ( 871664 ) on Thursday December 18, 2025 @12:25PM (#65866797) Homepage
    I do computational fluid dynamics and need a system with at least 256GB of RAM. That RAM was less than $1000, and now it's nearly $3000.
    • Comment removed based on user account deletion
    • The hardware is finally catching up to the wage inflation. Also that's a business expense passed on to the client, and everyone has the same increase..
      • by Targon ( 17348 )

        The only wage inflation is happening at the executive level. The rest of us see 2-3% raises while inflation has increased prices a lot more than that.

  • Better to sell the shovels than to try to pick the winners of the prospecting war.

    Best,

  • "Please buy now, we're not sure we can keep these profit margins for long." I guess the thing to watch here is whether Micron puts the money where their mouth is and invests into manufacturing or sits on it to weather the coming burst.
  • As usual, in a gold rush, it is the guys selling shovels and donkeys that make the money ...

    In the current AI rush, it is the GPU and RAM manufacturers ...

  • All the while, "stockpiling" in the "new" data center in the desert of Idaho, Utah so the top managers can get more profit, and bigger performance bonuses. The new golden age of economics in America. And ignoring the "code bloat" of apps, OSes....its a conspiracy I tell you...whoops forgot my tinfoil hat...

    JoshK.

I think there's a world market for about five computers. -- attr. Thomas J. Watson (Chairman of the Board, IBM), 1943

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