Micron outlines grim outlook for DRAM supply in first earnings call since killing Crucial memory and SSD brand ā CEO says it can only meet half to two-thirds of demand
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Verdict: Despite record revenues, Micron anticipates significant DRAM supply shortages, meeting only half to two-thirds of demand.
ā” Quick Hits
- Micron reported record revenues.
- The Crucial brand has been discontinued.
- Significant DRAM supply shortages are expected.
Micron's first earnings call since discontinuing the Crucial brand revealed record revenues, but also painted a concerning picture of DRAM supply constraints. CEO Sanjay Mehrotra stated that Micron will only be able to meet approximately 50% to 66% of the current DRAM demand. This shortage is expected to persist, impacting various sectors reliant on memory modules. While the company celebrates its financial success, the looming supply issues cast a shadow over future growth and availability for consumers and businesses alike.
*Source Intel: Read Original*
