MU · News · 20261021N

Memory Pricing Outlook

MICRON TECHNOLOGY INC · 2026-10-21 · Importance 57 · Surprise 64

Micron’s annual report indicates that DRAM and NAND prices have experienced extreme cyclicality over the past five fiscal years. Annual price changes ranged from increases of approximately 200% to declines of approximately 50%. This volatility creates substantial sensitivity in Micron’s revenue, gross margin and cash generation to memory pricing conditions.

Key facts

• Micron's annual report says yearly changes in its DRAM and NAND prices have ranged from gains of about 200% to drops of about 50% over the past five fiscal years. source