MU · News · 20260918N
AI Memory Supply Constraints
MICRON TECHNOLOGY INC · 2026-09-18 · Importance 69 · Surprise 64 · In source text
Intel CEO Lip-Bu Tan said memory chip prices have surged 500% to 700% because of limited supply and strong AI demand. Industry bottlenecks are expected to worsen in 2027, with projections that prices could reach six times mid-2025 levels by the end of 2026. New factory production is not expected to fully alleviate the shortage until 2028 or 2029, supporting continued tightness in AI memory markets.
Key facts
- Micron Technology (MU) shares jumped over 5% after Intel CEO Lip-Bu Tan stated that memory chip prices have surged by 500-700% due to limited supply and high AI demand. source
- Micron stock gained as much as 3.12% on Friday according to a report noting RBC Capital Markets' view. source
- Micron was up 1% while SanDisk surged 6% and Western Digital was up 3% in a morning session cited by the article. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | contingent | — | Micron Technology (MU) shares jumped over 5% after Intel CEO Lip-Bu Tan stated that memory chip prices have surged by 500-700% due to… |