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Micron Predicts Prolonged Memory Shortage, Announces $100 Billion Factory Investment
Importance: 85/1002 Sources
Why It Matters
The projected multi-year memory shortage and Micron's substantial investment highlight ongoing supply chain vulnerabilities and the critical demand for semiconductors, impacting numerous industries and consumer electronics.
Key Intelligence
- ■Micron Technology anticipates an 'unprecedented' memory shortage extending beyond 2026.
- ■The ongoing shortage is impacting various sectors reliant on memory chips.
- ■In response, Micron has announced plans for a new $100 billion factory.
- ■This significant investment aims to increase production capacity and address the global chip supply deficit.