Micron: AI-Driven Memory Crunch 'Unprecedented,' to Last Beyond 2026

• Micron, an Nvidia supplier, reports an accelerating and unprecedented memory chip shortage driven by AI demand.
• High-bandwidth memory for AI accelerators is consuming industry capacity, causing shortages for conventional devices like phones and PCs.
• Chinese smartphone makers (Xiaomi, Oppo, Transsion) are trimming 2026 shipment targets due to rising memory costs.
• Micron, SK Hynix, and Samsung saw share prices surge in 2025; SK Hynix's 2026 chips are sold out, Micron's AI memory fully booked for this year.
• Micron is expanding manufacturing in the US and Asia, including a $100 billion project near Syracuse and a $1.8 billion acquisition in Taiwan, aiming for 40% US DRAM manufacturing by 2030.

Why It Matters: AI demand is causing an unprecedented memory chip shortage, impacting various industries and driving Micron's global expansion.