Micron CEO Sanjay Mehrotra warned that global memory and storage supply will be much tighter in fiscal 2027 and 2028 than it was in 2026, citing strengthened industry demand driven by advanced AI workloads that increase memory intensity. He made the remarks during Micron's fiscal Q4 2026 earnings call as the company reported record quarterly revenue of $54.2 billion. Mehrotra noted that although the industry has plans for additional DRAM cleanroom capacity and Micron’s new Idaho ID2 fab is under construction, wafer output from ID2 is not expected until late 2028, and Micron still has no line of sight to when supply and demand will balance. More than 75% of Micron’s 2027 output is already committed to customers.
Specific market impacts include DRAM prices rising in the high-teens percent range and NAND prices up about 30% in the most recent quarter, signaling continued price pressure and constrained consumer availability. Even with planned capacity expansions and rising demand signals - including new upside requests from customers - Micron projects that relief from tight supply conditions is not imminent, implying sustained elevated prices and allocation dynamics through 2027 and into 2028.
Summary generated by AI from the linked article. hn.today is not affiliated with Hacker News or Y Combinator.
A federal judge in Oklahoma ruled that police using Flock's automated license plate reader system without a warrant violated the Fourth Amendment. The decision highlights concerns about the system's potential for indiscriminate mass surveillance, with over 100,000 warrantless searches conducted monthly. (404media.co)
ICE stored photos, license plates, and other data of protesters in a Palantir-built database called the Investigative Case Management system. Court filings reveal DHS agents used this database to track and intimidate observers during enforcement operations in Maine. (wired.com)
Apple will require explicit user actions for Mac apps to access full disk data, aiming to reduce security risks. This change comes as AI agents are deemed to substantially increase potential security vulnerabilities. (theverge.com)
Two vessels heading to the United States have been reportedly compromised by hackers. US officials are investigating the incidents involving these ships' cybersecurity breaches. (reuters.com)
A California tech executive has been arrested for allegedly smuggling $300 million worth of Nvidia chips to China. The case involves violations of export controls and sanctions related to the transfer of advanced semiconductor technology. (qz.com)
GrapheneOS fixed a major performance regression caused by Android 17 QPR1, which caused lag and freezes on Pixels. Google has been slow to release fixes for such issues, but GrapheneOS addressed it promptly and plans further improvements. (discuss.grapheneos.org)
Today's best Hacker News stories, summarized and screenshotted, one email a day.