Micron Says the Memory Shortage Gets Worse in 2027, With Much Higher Prices

Micron CEO Sanjay Mehrotra said this week that the company has already sold most of its 2027 memory output, that supply will be tighter in 2027 and 2028 than in 2026, and that customers face "much higher prices" next year, VGC reported on October 2. AI data centres are locking in long-term deals. New Micron factories come online in 2028, and Mehrotra said he has no line of sight to supply and demand balancing.