MU · News · 20261102N

Competition and New Entrants

MICRON TECHNOLOGY INC · 2026-11-02 · Importance 17 · Surprise 24

Social Capital founder Chamath Palihapitiya questioned whether memory-industry profit growth is sustainable as production capacity increases. He also pointed to rising competition from China’s CXMT. The report provides no quantified market-share change or CXMT capacity figure.

Key facts

• Chamath Palihapitiya expressed concerns about the sustainability of memory-industry profit growth due to increasing production capacity and rising competition from China's CXMT. source