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‘No Line of Sight’ to the End of the Memory Shortage, Micron Says

Summary by TNW
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

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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.

·Germany
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Heise broke the news in Germany on Thursday, October 1, 2026.
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