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

Micron Technology's CEO, Sanjay Mehrotra, has warned that the memory supply will be much tighter in 2027 and 2028 than in 2026. He based this prediction on the company's current production capacity and the growing demand for memory. Mehrotra stated that the company's 2026 production capacity will not be enough to meet the expected demand for 2027 and 2028. He also mentioned that the industry is facing challenges in increasing production capacity due to the complexity of the manufacturing process and the need for significant investments in new equipment and technology. Furthermore, Mehrotra pointed out that the industry's supply chain is also a concern, with many memory manufacturers relying on external suppliers for key components. As a result, Mehrotra expects the memory supply to be tighter in the next two years, leading to higher prices and potential shortages.