What happened?
Micron and Samsung executives said the memory shortage will continue for at least the next couple of years. Micron CEO Sanjay Mehrotra told investors that demand for the company's memory will exceed available supply over that period.
Who does it affect?
Micron no longer sells consumer RAM, and Mehrotra's remarks refer to the company's business-to-business sales of high-bandwidth memory (HBM) for AI and DRAM for servers. However, the situation is expected to spill over into consumer devices.
Why it matters
Manufacturing capacity is prioritizing memory for AI and servers, which limits the supply of memory made for consumer devices such as phones and laptops. In short, the memory crunch may affect not only data centers but also the devices we use every day.
