---
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id: "af94d77f594f20a260c3c63a17dae45c7057bc65901e2d378cbd486b1a6005fd"
canonical_url: "https://aidr.today/af94d77f?lang=en"
title: "Micron CEO Predicts Memory Shortage Until 2028, Breaking Decades of Boom Bust Cycle"
lang: "en"
requested_lang: "en"
available_langs: ["en","vi"]
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published_at: "2026-08-23T20:44:01.000Z"
category: "Chips"
topics: ["chips","infra"]
source_urls: ["https://huggingnews.com/tech/micron-ceo-predicts-memory-shortage-until-2028-breaking-decades-of-boom-ef6a2b7a","https://x.com/Kalshi_Finance/status/2091585172273578398","https://x.com/StockSavvyShay/status/2091498146396541409"]
summary: "Micron CEO Sanjay Mehrotra stated that data center customers currently want roughly 50% more memory supply than the company is able to commit to. This demand gap may persist until 2028, marking a structural shift from the semiconductor industry's historical cycles of oversupply and price collapses. To secure future volume, Micron signed 16 take-or-pay contracts that include $22 billion in upfront cash deposits and roughly $100 billion in minimum contracted revenue. The company is investing $250 billion in US manufacturing, including two large fabs in Boise, Idaho, with first wafers starting in mid-2027 and production ramping in 2028. This expansion follows a surge in AI-driven demand that pushed fiscal third quarter 2026 revenue to $41.5 billion, quadrupling the previous year's result and beating Wall Street's $35.6 billion estimate."
---

# Micron CEO Predicts Memory Shortage Until 2028, Breaking Decades of Boom Bust Cycle

> [Open the canonical story](<https://aidr.today/af94d77f?lang=en>)

**Published:** 2026-08-23T20:44:01.000Z
**Category:** Chips
**Topics:** chips, infra

## Summary

Micron CEO Sanjay Mehrotra stated that data center customers currently want roughly 50% more memory supply than the company is able to commit to\. This demand gap may persist until 2028, marking a structural shift from the semiconductor industry's historical cycles of oversupply and price collapses\. To secure future volume, Micron signed 16 take\-or\-pay contracts that include $22 billion in upfront cash deposits and roughly $100 billion in minimum contracted revenue\. The company is investing $250 billion in US manufacturing, including two large fabs in Boise, Idaho, with first wafers starting in mid\-2027 and production ramping in 2028\. This expansion follows a surge in AI\-driven demand that pushed fiscal third quarter 2026 revenue to $41\.5 billion, quadrupling the previous year's result and beating Wall Street's $35\.6 billion estimate\.

## Sources

- [Story source](<https://huggingnews.com/tech/micron-ceo-predicts-memory-shortage-until-2028-breaking-decades-of-boom-ef6a2b7a>)
- [Supporting source](<https://x.com/Kalshi_Finance/status/2091585172273578398>)
- [Supporting source](<https://x.com/StockSavvyShay/status/2091498146396541409>)