Micron says chip shortage will "improve gradually" in 2028
Micron CEO Sanjay Mehrotra stated that the global RAM and NAND chip shortage, exacerbated by AI demand, is expected to persist through 2027 and gradually improve in 2028. He admitted that the company has no visibility on when supply will meet demand, citing long fab construction times, worker shortages, and regulatory hurdles. This shortage is driving up component costs, impacting hardware markets and console prices, with companies like Valve facing higher costs for their Steam Machine.
- Entities
- Platform: Steam Machine
- Company: Valve
- Company: Micron
- Company: SK Hynix
- Topic: Artificial Intelligence
- Person: Joost van Dreunen
- Company: Samsung
- Person: Sanjay Mehrotra
- Topic: Chip Shortage
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