Micron's CEO says RAM pricing for 2027 contracts already runs well above 2026 levels, with no near-term relief for AI infrastructure spend.
Memory executives now expect the current RAM shortage to persist through 2028, not ease next year as many buyers had hoped. Micron's CEO confirmed that pricing locked in for 2027 contracts is running substantially higher than 2026 rates, a signal the supply crunch is structural rather than cyclical.
The shortage traces directly to AI demand: hyperscalers and model labs are absorbing memory capacity faster than fabs can add it, squeezing out other buyers and pushing component costs into every device and server that ships with DRAM.
Every company building or buying AI infrastructure now faces multi-year cost inflation baked into hardware contracts, not just GPU scarcity. Operators planning 2027-2028 capex need to lock pricing now or risk budget overruns that make AI projects harder to justify to finance teams.
The daily signal, curated. Get it in your inbox.
Subscribe on LinkedIn →