Micron CEO Warns AI Memory Shortages May Last Until 2030

Micron Technology CEO Sanjay Mehrotra warned that the global memory supply crunch is just beginning, stating that artificial intelligence is in its very early innings. He noted that the expansion of AI inference capabilities requires significantly more high-capacity and high-performance memory, while current supply remains extremely tight and difficult to increase.

Industry projections suggest AI demand for DRAM and NAND will exceed 50% of the total addressable market this year. Other major manufacturers, including Samsung Electronics and SK Hynix, indicate that these shortages could persist through 2028 or as late as 2030.

To address these constraints, Micron is accelerating its roadmap by supplying HBM4 DRAM for Nvidia's Vera Rubin platform and developing HBM4E memory for next year. Meanwhile, Nvidia is rumored to be resurrecting the RTX 3060 12GB GPU to offer a budget-friendly option utilizing older GDDR6 memory to mitigate ongoing video RAM supply issues.