Micron Technology has sold out its HBM3E memory production through mid-2027. This high-bandwidth memory is essential for powering high-performance AI GPUs like Nvidia's.
CEO Sanjay Mehrotra reports that data center memory demand exceeds supply by 50%. This supply gap highlights an intense hardware race among hyperscale data center operators.
The surge in demand is a key driver for the memory sector's recovery. Micron remains a primary beneficiary of the ongoing AI infrastructure buildout.