Micron CEO sees memory chip shortage lasting beyond 2026
Micron CEO Sanjay Mehrotra has indicated that the memory chip shortage will continue well into and beyond 2026. The demand for memory, particularly driven by artificial intelligence, is outpacing supply, with customers receiving only a fraction of their requested volumes. Despite a significant increase in revenue, Micron and other manufacturers are struggling to meet the growing needs of the market.
- ▪Micron reported record quarterly revenue of $13.64 billion for fiscal Q1 2026, a 56% increase from the previous year.
- ▪Customers are currently receiving only 50% to 66% of the memory volumes they request due to tight supply-demand dynamics.
- ▪The demand for high-bandwidth memory driven by AI workloads is pulling manufacturing capacity away from conventional DRAM and NAND production.
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Micron CEO sees memory chip shortage lasting beyond 2026 Record revenue and fully booked AI memory orders paint a picture of sustained scarcity, with customers receiving as little as half their requested chip volumes. Share Add us on Google by Editorial Team May. 22, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Micron Technology CEO Sanjay Mehrotra has a message for anyone hoping the memory chip crunch would ease up soon: keep…
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