Micron CEO Says Memory Supply Will Be Much Tighter in 2027 and 2028 Than in 2026

Micron CEO Sanjay Mehrotra warned during the company's fiscal Q4 2026 earnings call on September 30 that memory and storage supply-demand conditions will be much tighter in fiscal 2027 and 2028 than they were in 2026. The remarks came as Micron reported record quarterly revenue of $54.2 billion.

"Industry demand has strengthened since our last earnings call, and we expect memory and storage supply-demand conditions to be much tighter in fiscal 2027 and 2028 than they were in 2026," Mehrotra said. He emphasized that AI is becoming super intelligent and memory enhances this intelligence and the competitiveness of customers' platforms. Despite additional industry DRAM clean room space plans and robust demand trends, including new upside requests from customers, the company has no line of sight to when supply and demand will return to balance.

Micron noted that more than 75% of its 2027 output is already committed to customers. New capacity, such as the Idaho ID2 fab, is not expected to begin wafer output until late 2028. On the consumer side, DRAM prices rose in the high-teens percent range last quarter, with NAND up about 30%.

أعلن CEO Micron Sanjay Mehrotra خلال مكالمة الأرباح الربع سنوي fiscal Q4 2026 في 30 سبتمبر أن ظروف العرض والطلب على الذاكرة والتخزين ستكون أشد صرامة في السنة المالية 2027 و 2028 مقارنة بعام 2026. جاءت التعليقات بينما أعلنت Micron عن إيرادات ربع سنوية قياسية بلغت 54.2 مليار دولار.

"لقد strengthened الطلب الصناعي منذ آخر مكالمة للأرباح، وننتظر أن تكون ظروف العرض والطلب على الذاكرة والتخزين أشد صرامة في السنة المالية 2027 و 2028 من عام 2026," قال مهروت라. وأكد أن الذكاء الاصطناعي يصبح tremendous intelligent والذاكرة تعزز هذه الذكاء وتنافسية منصات العملاء. على الرغم من خطط الصناعة للمساحات النظيفة الخاصة بـ DRAM والاتجاهات القوية للطلب، بما في ذلك طلبات العملاء الجديدة، فإن الشركة لا تملك perspective على متى ستعود العرض والطلب إلى التوازن.

لاحظت Micron أن أكثر من 75% من إنتاجها لعام 2027 مخصصة بالفعل للعملاء. لا تتوقع القدرة الجديدة، مثل مصنع ID2 في Idaho، بدء إنتاج الواح حتى أواخر 2028. من ناحية المستهلك، ارتفعت أسعار DRAM في النطاقpercentrange عاليي العشرينات الربع الماضي، مع NAND بحوالي 30%.

Micron CEO Sanjay Mehrotra warned during the company's fiscal Q4 2026 earnings call on September 30 that memory and storage supply-demand conditions will be much tighter in fiscal 2027 and 2028 than they were in 2026. The remarks came as Micron reported record quarterly revenue of $54.2 billion.

"Industry demand has strengthened since our last earnings call, and we expect memory and storage supply-demand conditions to be much tighter in fiscal 2027 and 2028 than they were in 2026," Mehrotra said. He emphasized that AI is becoming super intelligent and memory enhances this intelligence and the competitiveness of customers' platforms. Despite additional industry DRAM clean room space plans and robust demand trends, including new upside requests from customers, the company has no line of sight to when supply and demand will return to balance.

Micron noted that more than 75% of its 2027 output is already committed to customers. New capacity, such as the Idaho ID2 fab, is not expected to begin wafer output until late 2028. On the consumer side, DRAM prices rose in the high-teens percent range last quarter, with NAND up about 30%.

Micron CEO Sanjay Mehrotra warned during the company's fiscal Q4 2026 earnings call on September 30 that memory and storage supply-demand conditions will be much tighter in fiscal 2027 and 2028 than they were in 2026. The remarks came as Micron reported record quarterly revenue of $54.2 billion.

"Industry demand has strengthened since our last earnings call, and we expect memory and storage supply-demand conditions to be much tighter in fiscal 2027 and 2028 than they were in 2026," Mehrotra said. He emphasized that AI is becoming super intelligent and memory enhances this intelligence and the competitiveness of customers' platforms. Despite additional industry DRAM clean room space plans and robust demand trends, including new upside requests from customers, the company has no line of sight to when supply and demand will return to balance.

Micron noted that more than 75% of its 2027 output is already committed to customers. New capacity, such as the Idaho ID2 fab, is not expected to begin wafer output until late 2028. On the consumer side, DRAM prices rose in the high-teens percent range last quarter, with NAND up about 30%.,

El CEO de Micron, Sanjay Mehrotra, advirtió durante la llamada de resultados del Q4 fiscal 2026 de la empresa el 30 de septiembre que las condiciones de oferta y demanda de memoria y almacenamiento serán mucho más ajustadas en el ejercicio fiscal 2027 y 2028 que en 2026. Los comentarios llegaron mientras Micron informaba ingresos trimestrales récord de 54.2 mil millones de dólares.

"La demanda del sector se ha fortalecido desde nuestra última llamada de resultados, y esperamos que las condiciones de oferta y demanda de memoria y almacenamiento sean mucho más ajustadas en el ejercicio 2027 y 2028 que en 2026," dijo Mehrotra. Enfatizó que la IA se está volviendo superinteligente y la memoria mejora esta inteligencia y la competitividad de las plataformas de los clientes. A pesar de los planes de la industria de espacios limpios de DRAM y tendencias de demanda sólidas, incluidas nuevas solicitudes de los clientes, la empresa no tiene perspectiva de cuándo la oferta y la demanda volverán a equilibrarse.

Micron señaló que más del 75% de su producción de 2027 ya está comprometida con los clientes. Nueva capacidad, como la fábrica ID2 de Idaho, no se espera que comience la producción de obleas hasta finales de 2028. En el lado del consumidor, los precios de DRAM aumentaron en un rango de dos dígitos altos el trimestre pasado, con NAND alrededor del 30%.

Le PDG de Micron, Sanjay Mehrotra, a averti lors de l'appel aux résultats fiscal Q4 2026 de l'entreprise le 30 septembre que les conditions d'offre et de demande de mémoire et de stockage seront beaucoup plus tendues en exercice 2027 et 2028 qu'en 2026. Les commentaires sont intervenus alors que Micron déclarait des revenus trimestriels records de 54,2 milliards de dollars.

"La demande du secteur s'est renforcée depuis notre dernier appel aux résultats, et nous nous attendons à ce que les conditions d'offre et de demande de mémoire et de stockage soient beaucoup plus tendues en exercice 2027 et 2028 qu'en 2026," a déclaré Mehrotra. Il a souligné que l'IA devient super intelligente et que la mémoire améliore cette intelligence et la compétitivité des plateformes des clients. Malgré les projets d'espaces propres de DRAM dans l'industrie et les tendances de demande robustes, incluant de nouvelles demandes de la part des clients, l'entreprise n'a aucune visibilité sur le moment où l'offre et la demande reviendront à l'équilibre.

Micron a noté que plus de 75% de sa production 2027 est déjà engagée auprès des clients. De nouvelles capacités, telles que la fab ID2 de l'Idaho, ne devraient pas commencer la production de plaquettes avant la fin 2028. Du côté consommateur, les prix du DRAM ont augmenté dans la fourchette de dizaines de pourcentages élevés le trimestre dernier, avec du NAND autour de 30%.

Micron CEO Sanjay Mehrotra warned during the company's fiscal Q4 2026 earnings call on September 30 that memory and storage supply-demand conditions will be much tighter in fiscal 2027 and 2028 than they were in 2026. The remarks came as Micron reported record quarterly revenue of $54.2 billion.

"Industry demand has strengthened since our last earnings call, and we expect memory and storage supply-demand conditions to be much tighter in fiscal 2027 and 2028 than they were in 2026," Mehrotra said. He emphasized that AI is becoming super intelligent and memory enhances this intelligence and the competitiveness of customers' platforms. Despite additional industry DRAM clean room space plans and robust demand trends, including new upside requests from customers, the company has no line of sight to when supply and demand will return to balance.

Micron noted that more than 75% of its 2027 output is already committed to customers. New capacity, such as the Idaho ID2 fab, is not expected to begin wafer output until late 2028. On the consumer side, DRAM prices rose in the high-teens percent range last quarter, with NAND up about 30%.,

Micron CEO Sanjay Mehrotra warned during the company's fiscal Q4 2026 earnings call on September 30 that memory and storage supply-demand conditions will be much tighter in fiscal 2027 and 2028 than they were in 2026. The remarks came as Micron reported record quarterly revenue of $54.2 billion.

"Industry demand has strengthened since our last earnings call, and we expect memory and storage supply-demand conditions to be much tighter in fiscal 2027 and 2028 than they were in 2026," Mehrotra said. He emphasized that AI is becoming super intelligent and memory enhances this intelligence and the competitiveness of customers' platforms. Despite additional industry DRAM clean room space plans and robust demand trends, including new upside requests from customers, the company has no line of sight to when supply and demand will return to balance.

Micron noted that more than 75% of its 2027 output is already committed to customers. New capacity, such as the Idaho ID2 fab, is not expected to begin wafer output until late 2028. On the consumer side, DRAM prices rose in the high-teens percent range last quarter, with NAND up about 30%.

Micron CEO Sanjay Mehrotra warned during the company's fiscal Q4 2026 earnings call on September 30 that memory and storage supply-demand conditions will be much tighter in fiscal 2027 and 2028 than they were in 2026. The remarks came as Micron reported record quarterly revenue of $54.2 billion.

"Industry demand has strengthened since our last earnings call, and we expect memory and storage supply-demand conditions to be much tighter in fiscal 2027 and 2028 than they were in 2026," Mehrotra said. He emphasized that AI is becoming super intelligent and memory enhances this intelligence and the competitiveness of customers' platforms. Despite additional industry DRAM clean room space plans and robust demand trends, including new upside requests from customers, the company has no line of sight to when supply and demand will return to balance.

Micron noted that more than 75% of its 2027 output is already committed to customers. New capacity, such as the Idaho ID2 fab, is not expected to begin wafer output until late 2028. On the consumer side, DRAM prices rose in the high-teens percent range last quarter, with NAND up about 30%.,

O CEO da Micron, Sanjay Mehrotra, avisou durante a chamada de resultados fiscal Q4 2026 da empresa em 30 de setembro que as condições de oferta e demanda de memória e armazenamento serão muito mais apertadas em exercícios 2027 e 2028 do que em 2026. Os comentários ocorreram enquanto a Micron reportava receita trimestral recorde de 54,2 bilhões de dólares.

"A demanda do setor fortaleceu desde nossa última chamada de resultados, e esperamos que as condições de oferta e demanda de memória e armazenamento sejam muito mais apertadas em exercícios 2027 e 2028 do que em 2026," disse Mehrotra. Ele enfatizou que a IA está se tornando super inteligente e a memória aprimora essa inteligência e a competitividade das plataformas dos clientes. Apesar de planos da indústria de espaços limpos de DRAM e tendências de demanda robustas, incluindo novos pedidos de alta dos clientes, a empresa não tem perspectiva de quando a oferta e a demanda voltarão ao equilíbrio.

A Micron observou que mais de 75% da sua produção de 2027 já está comprometida com os clientes. Nova capacidade, como a fab ID2 de Idaho, não se espera que comece a produção de wafers até o final de 2028. Do lado do consumidor, os preços do DRAM aumentaram em uma faixa de dígitos altos no trimestre passado, com NAND cerca de 30%.

CEO Micron Sanjay Mehrotra warned during the company's fiscal Q4 2026 earnings call on September 30 that memory and storage supply-demand conditions will be much tighter in fiscal 2027 and 2028 than they were in 2026. The remarks came as Micron reported record quarterly revenue of $54.2 billion.

"Industry demand has strengthened since our last earnings call, and we expect memory and storage supply-demand conditions to be much tighter in fiscal 2027 and 2028 than they were in 2026," Mehrotra said. He emphasized that AI is becoming super intelligent and memory enhances this intelligence and the competitiveness of customers' platforms. Despite additional industry DRAM clean room space plans and robust demand trends, including new upside requests from customers, the company has no line of sight to when supply and demand will return to balance.

Micron noted that more than 75% of its 2027 output is already committed to customers. New capacity, such as the Idaho ID2 fab, is not expected to begin wafer output until late 2028. On the consumer side, DRAM prices rose in the high-teens percent range last quarter, with NAND up about 30%.,

Micron CEO Sanjay Mehrotra warned during the company's fiscal Q4 2026 earnings call on September 30 that memory and storage supply-demand conditions will be much tighter in fiscal 2027 and 2028 than they were in 2026. The remarks came as Micron reported record quarterly revenue of $54.2 billion.

"Industry demand has strengthened since our last earnings call, and we expect memory and storage supply-demand conditions to be much tighter in fiscal 2027 and 2028 than they were in 2026," Mehrotra said. He emphasized that AI is becoming super intelligent and memory enhances this intelligence and the competitiveness of customers' platforms. Despite additional industry DRAM clean room space plans and robust demand trends, including new upside requests from customers, the company has no line of sight to when supply and demand will return to balance.

Micron noted that more than 75% of its 2027 output is already committed to customers. New capacity, such as the Idaho ID2 fab, is not expected to begin wafer output until late 2028. On the consumer side, DRAM prices rose in the high-teens percent range last quarter, with NAND up about 30%.