Micron Technology

Micron Technology, a major global memory chip manufacturer alongside Samsung and SK Hynix, is currently newsworthy due to a projected worldwide shortage of memory chips expected to persist into 2027. This shortage is driving up prices, turning memory chips into a valuable commodity. Despite Micron, Samsung, and SK Hynix boosting production capacity, analysts believe expansion plans won't fully bridge the supply gap. Furthermore, potential new tariffs threatened by the US government on foreign manufacturers could intensify the chip crunch. Micron is also expanding its US operations, with a US$100 billion factory being built in New York. The demand for memory chips is fueled by the growth of AI applications and the increasing energy demands of data centers, making Micron a key player in the current technological landscape.