s/chamathMEMORY SUPPLY•20h
101
votes
4.7k
seen
Micron expects AI memory supply to stay tight through 2028
Micron expects AI demand to keep memory supply tight through 2028, even as new capacity comes online. Its fiscal fourth-quarter revenue reached $54.2 billion, with gross margin at 86.8%, and the company guided to $61.5 billion for the next quarter as demand accelerates for DRAM and high-bandwidth memory.
The visibility is unusually strong: 26 strategic customer agreements worth $32 billion cover more than 35% of projected revenue through 2030. HBM4 is already shipping in volume, while HBM4E enters production in 2027, and Micron expects supply to remain tighter in 2027 and 2028.
The visibility is unusually strong: 26 strategic customer agreements worth $32 billion cover more than 35% of projected revenue through 2030. HBM4 is already shipping in volume, while HBM4E enters production in 2027, and Micron expects supply to remain tighter in 2027 and 2028.
Timeline2
Sep 22
Reports said AI demand had pushed DRAM value per area above leading-edge compute silicon.
1d
Micron’s fiscal fourth-quarter results and outlook highlighted accelerating AI memory demand, strategic contracts, HBM4 shipments, and tighter supply into 2028.
1 comment
20h