Micron Hikes Memory Prices Amid Surging AI Demand

Micron will raise prices for DRAM and NAND flash memory chips through 2026 as AI and data center demand strains supply chains, the U.S. chipmaker confirmed Monday. The move follows a market rebound from previous oversupply, with memory prices steadily climbing as producers cut output while AI and high-performance computing workloads grow.

Rivals Samsung Electronics and SK Hynix are expected to implement similar increases. Micron cited 'un-forecasted demand across various business segments' in communications to channel partners. The price hikes will impact sectors ranging from consumer electronics to enterprise data centers.

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