Micron Warns Memory Crunch Will Outlast 2026 as AI Demand Outpaces What HBM, DRAM and NAND Can Supply

Micron said AI demand is outpacing supply growth, so tight conditions in HBM, DRAM and NAND could last beyond 2026.

At a JPMorgan conference, the company said HBM4 is ramping faster than HBM3, with HBM4E targeted to ramp in 2027.

Micron also highlighted 1-gamma DRAM as an increasingly important production node in its mix.

The outlook suggests AI-driven memory shortages may support pricing and continued investment across the memory supply chain.