Micron warns RAM shortage to last until 2028

Micron, a leading memory manufacturer, has warned that RAM supply issues will continue until 2028 and possibly beyond. During the FY 2026 earnings call, CEO Sanjay Mehrotra informed investors that the company has already sold most of the memory it will produce next year, implying that customers will have to pay "much higher prices" than they did this year. Mehrotra also noted that demand is expected to exceed supply in 2027 and 2028, suggesting a tightening of the shortage compared to 2026.

## Why it matters The RAM shortage directly impacts the prices of electronic devices and computers, which could affect consumers and businesses relying on these components for their operations. As prices rise, end users may face higher costs when purchasing new devices or upgrading existing ones.

## What we know Micron has announced plans to invest $25 billion in the first half of its new fiscal year, aiming to open new factories in 2028. However, company executives have warned that these facilities will not immediately alleviate RAM availability or prices.

## What remains unclear It is still unclear when RAM supply and demand will return to balance, creating uncertainty in the market and among consumers who need to plan their future purchases.