Bad news for gamers: The AI boom continues to drive up memory prices
Micron reported record quarterly revenue more than four times higher than last year. The results confirm that the AI boom is driving memory demand and pushing component prices upward.
Micron expects even stronger growth in the coming quarters. Demand for memory hardware continues to climb, countering claims that an AI bubble is about to burst. This trend likely points to rising costs for PC and game console components.
Investors are buying Micron shares at a rapid pace. The stock value rose approximately 720 percent over the past year and 260 percent in the last six months. The market capitalization of the RAM and NAND manufacturer now exceeds 1 trillion dollars.
Micron earned 41.46 billion dollars this quarter, beating the 35.85 billion dollar forecast. The company projects 50 billion dollars in revenue for the next quarter. If this target holds, the growth relative to the same period in 2025 will reach nearly fivefold.
High expectations for 2027—supported by a massive volume of orders—challenge speculation regarding a sudden market collapse or a sharp drop in memory prices.
Driven by heavy demand, Micron is capturing significant market interest similar to NVIDIA. As the AI sector continues to accelerate, component costs will likely keep increasing.
Source: iXBT.games
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