RAM Maker Celebrates Record Profits And Predicts 'Even Higher Prices' And 'Greater Tightness In The Industry' In The Years Ahead
Micron is reporting record profits as demand for memory and storage exceeds supply, with some inventory selling out before manufacture. CEO Sanjay Mehrotra told investors that the supply-demand environment will only tighten further in 2027 and 2028 compared to 2026. The company does not expect a return to balance until 2029 at the earliest. This supply deficit is driving higher prices for electronics and upgrades, while Micron generates record revenue and margins.
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- ✓ Micron reported record profits and revenue.
- ✓ CEO Sanjay Mehrotra stated that demand will exceed supply in 2027 and 2028.
- ✓ Micron expects the industry to be tighter in 2027 and 2028 than in 2026.
- ✓ Micron does not anticipate a return to supply-demand balance until 2029 at the earliest.
What changed
Micron CEO Sanjay Mehrotra forecast that demand will exceed supply through 2028 with industry tightness increasing over 2026 levels.
Live updates
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Micron Reports Record Profits and Predicts RAM Shortages Through 2028
Micron is reporting record profits as demand for memory and storage exceeds supply, with some inventory selling out before manufacture. CEO Sanjay Mehrotra told investors that the supply-demand environment will only tighten further in 2027 and 2028 compared to 2026. The company does not expect a return to balance until 2029 at the earliest. This supply deficit is driving higher prices for electronics and upgrades, while Micron generates record revenue and margins.
Why it matters
RAM is a critical component for almost all modern electronics, meaning prolonged shortages increase costs for consumers and manufacturers. Micron is a leading global producer of these memory chips. The company is currently expanding production with a fab in Boise nearing operation.
What is confirmed
- Micron reported record profits and revenue.
- CEO Sanjay Mehrotra stated that demand will exceed supply in 2027 and 2028.
- Micron expects the industry to be tighter in 2027 and 2028 than in 2026.
- Micron does not anticipate a return to supply-demand balance until 2029 at the earliest.
- A Micron fabrication plant in Boise is nearing production.
Still unconfirmed
- Micron achieved a record 86.25 percent gross margin and over 53 billion USD in quarterly profit.
- Micron stock is experiencing volatility due to chip cycle and margin concerns.
What to watch next
- Production start date for the Boise fabrication plant
- Quarterly financial reports showing actual margin shifts in 2027
- Official announcements regarding supply-demand balance shifts before 2029
confidence 95%Sources used for this update (11)
- Yahoo Finance — Micron just blew Wall Street away again — here's what's next
- Ars Technica — Memory executives expect RAM shortage to continue through 2028
- kotaku.com — RAM Maker Celebrates Record Profits And Predicts ‘Even Higher Prices’ And ‘Greater Tightness In The Industry’ In The Years Ahead
- Barron's — Micron Stock Wobbles on Chip Cycle and Margin Worries. Two More Reasons to Fret.
- KBOI — Micron posts record year as Boise fab nears production
- Kotaku — RAM Maker Celebrates Record Profits And Predicts 'Even Higher Prices' And 'Greater Tightness In The Industry' In The Years Ahead
- www.tomshardware.com — Micron projects tightening RAM shortages through 2028 as it ...
- assets.theregister.com — RAM supply set to worsen, says Micron, as CEO celebrates ...
- sitgi.com — Micron Reports Record Profits Amid Rising RAM Prices and ...
- frvr.com — Micron CEO celebrates even higher RAM prices as 2027 ... - FRVR
- news.lavx.hu — RAM supply set to worsen, says Micron, as CEO celebrates ...
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