Micron says memory shortage runs to 2028 with prices above 2026 levels

Micron told investors it has already sold most of next year's production. CEO Sanjay Mehrotra said demand will outstrip supply through 2027 and into 2028, with customers to brace for prices well above 2026 levels. He said the supply-demand balance is "only getting tighter" with no line of sight to balance.