Micron CEO Sanjay Mehrotra tells Jim Cramer memory chip shortage will persist beyond 2027 - MSN

Micron CEO Sanjay Mehrotra told Jim Cramer that the memory chip shortage will persist beyond 2027, despite strong Q3 earnings and guidance that set new records. Although Micron's stock has surged 244.... Read original →

Micron’s warning that memory shortages will stretch beyond 2027 reveals a structural mismatch between AI-driven demand and advanced packaging capacity. HBM4—critical for NVIDIA’s next-gen AI accelerators—is bottlenecked by low yields and TSV stacking complexities, slowing the entire AI hardware roadmap. U.S. CHIPS Act subsidies accelerate domestic fab construction but inflate compliance costs due to prolonged equipment lead times and cleanroom delays. Rivals Samsung and SK Hynix will aggressively target HBM market share, especially in CoWoS packaging allocation, intensifying supply chain rivalry. Over the next 12–24 months, scarcity will force AI chip designers toward 'memory-first' architectures and compel hyperscalers into long-term wafer commitments. This isn’t a cyclical dip—it’s the first tremor of a global foundry ecosystem struggling to keep pace with exponential AI compute demands.