Micron Technology reports that AI-driven memory demand exceeds supply through 2026, with tight industry conditions expected to persist. The company is expanding capacity with new projects in Idaho, Taiwan, and Singapore, but supply constraints may extend into 2028. HBM4 production is on track, with high demand and capacity already sold out for 2026. Chief Financial Officer Mark Murphy states that demand is driven by AI systems, with expectations for rising server demand and increasing hyperscaler capital spending. Micron’s inventories are lean, with supply not meeting demand by a substantial margin. Capacity expansion steps include node transitions, greenfield projects, and acquisitions to support DRAM production. Micron is in high-volume production of HBM4, with early shipment volumes in Q1 of 2026. The company is confident in product performance, quality, and reliability. Micron has a preeminent position in the NAND market, focusing on data center SSDs and extending process technology leadership. Tighter market conditions prompt the company to add greenfield NAND capacity in Singapore. Micron will continue investing in capacity expansions while securing longer-term agreements with customers. Founded in 1978, Micron is a global semiconductor company supplying memory and storage solutions for various electronic devices and markets.

Read more at Yahoo Finance: Micron Technology Says AI Memory Demand Still Outstrips Supply Through 2026, HBM4 Shipping Early