Micron HBM shortage to last beyond 2027 as company scales capital expenditure for AI demand

Micron High Bandwidth Memory Supply Crunch Extended Projections and Capital Expenditure Plans for 2027

During the post earnings conference call CEO Sanjay Mehrotra focused on the alarming supply crunch. According to Mehrotra, today's industry is facing a supply demand gap, where demand for high bandwidth memory (HBM) vastly exceeds the manufacturing capacity. Since advancing packaging and manufacturing takes time, the current supply crunch will continue for years to come. Widening the global chip industry with the AI shift, the CEO highlighted the topic's long term importance

AI has become 1 of the most significant growth drivers for memory technology in decades, and we are still in the very early stages of this expansion.