Bloomberg Podcasts · Micron CEO Sees Memory Chip Shortage Lasting Beyond 2026

1. 1. Micron aims to onshore 40% of its DRAM manufacturing in the U.S. and has quadrupled production at its Manassas, Virginia site.
2. 2. Micron is investing $200 billion across multiple U.S. sites, including Boise, Idaho, and Syracuse, New York, creating 90,000 new American jobs.
3. 3. Micron anticipates the current global memory chip shortage will persist well beyond the 2026 timeframe due to surging demand for advanced systems.
4. 4. Memory has become a critical strategic asset and key enabler for various industries, especially artificial intelligence (AI), consumer electronics, and data centers.
5. 5. The primary bottlenecks in increasing memory chip supply are the long lead times for fab construction and the subsequent process of installing and qualifying equipment.
6. 6. Micron is proud to be the only U.S. memory manufacturer, a position valued by American customers seeking resilient supply chains, and partners strongly with the U.S. administration.
7. 7. Micron asserts its global technology leadership in both DRAM and NAND, claiming its technologies are more advanced than competitors in the industry.