Micron Executive Warns Memory Shortage Spans All Markets, Meaningful Supply Ramp Not Expected Until 2028

Sumit Sadana, senior advisor to Micron Technology's CEO, said on September 19 that the memory shortage now covers all market segments, not just high-end products. Customer demand continues to be revised upward, and even with suppliers expanding production at full capacity, it remains unclear when supply can catch up with demand.

Sadana expects meaningful new supply to begin ramping only in 2028, with no clear timeline for when the supply-demand balance will be restored. As one of the world's major memory chip makers, Micron's comments drew market attention, and its shares rose 3.92% that day.