Micron told customers it plans to charge more for memory through 2025 and 2026. They can't make enough to meet the growing demand for their products. The company sees major increases in demand for DRAM, NAND flash, and high-bandwidth memory. Memory prices have started bouncing back after being very low for a long time.
Big suppliers cut back how much they made, which helped prices go up over the past year. Prices will keep rising as data centers, AI projects, and electronics makers fight over limited memory supplies. Micron told their business partners that AI and computing needs forced them to raise prices. They asked these partners to share detailed plans about what they'll need to help manage production during these tight times...