Micron CEO Sees 2028 Supply Easing as Memory Shortages Persist
Updated
Updated · The Motley Fool · Jun 30
Micron CEO Sees 2028 Supply Easing as Memory Shortages Persist
3 articles · Updated · The Motley Fool · Jun 30
Summary
Micron expects industry memory and storage supply to improve only gradually in 2028, with shortages still taking considerable time to ease, CEO Sanjay Mehrotra told analysts.
Robust demand is the main reason tighter conditions may outlast that added capacity, preserving the pricing power that has helped lift Micron's growth outlook.
Apple has already cited higher costs tied to the shortage as it raises prices, underscoring that major customers do not expect relief soon.
For investors, the timeline supports Micron's near-term momentum but leaves the stock exposed to sharp swings if AI spending cools or broader economic conditions weaken.