MU · 10-Q · 2026Q2 · Full report

AI Memory Supply Constraints

MICRON TECHNOLOGY INC · 2026-06-25 · Importance 64 · Surprise 42

AI-driven memory and storage demand is growing faster than Micron and the broader industry can add supply in the third quarter of fiscal 2026. The imbalance has required supply-allocation decisions that may affect certain customers and end markets. Strong DRAM and NAND demand combined with constrained supply has increased pricing and profitability across Micron’s portfolio.

Key facts

• Micron stated robust overall DRAM and NAND demand and constrained supply has led to increased pricing and improved profitability across its portfolio. source