Micron Jumps 5% as Intel CEO Warns Memory Prices Have Surged Over 500%

Price ActionCommodityIndustry Impact 4

โดย Benzinga·

Summary · why it matters

Micron Technology shares jumped more than 5% Thursday as memory stocks rallied, two days after Intel CEO Lip-Bu Tan warned that the memory shortage could worsen next year. Speaking Tuesday at the AI Infrastructure Summit in Santa Clara, Tan said memory chip prices have climbed between five and seven times as limited supply struggles to keep pace with AI demand, and that the bottleneck could worsen in 2027. SK hynix also gained about 5%, while the Nasdaq rose more than 1% following Wednesday's Federal Reserve decision. TrendForce estimates server DRAM contract prices rose 64% in the second half of 2025 and could climb another 270% during 2026, which compounded would put prices at roughly six times their mid-2025 level by the end of 2026. Micron is already turning tight supply into sharply higher profits, with fiscal third-quarter revenue of $41.46 billion, up from $9.30 billion a year earlier, and a non-GAAP gross margin of 84.9%, and it guided to roughly $50 billion in fourth-quarter revenue and an 86% gross margin ahead of its Sept. 30 fiscal fourth-quarter report.

Micron Technology Inc ▲

SK Hynix Inc ▲

Impact on stocks 5

Semiconductors▲ · 3 stocks

Micron Technology Inc

▲ PositiveSupplyrelevance

Memory shortage and surging DRAM prices (up 500%+) boost Micron's pricing power and profits, with Q3 revenue jumping to $41.46B and 84.9% gross margin.

SK Hynix Inc

000660

▲ PositiveSupplyrelevance

SK hynix gained ~5% as the memory shortage and surging DRAM prices benefit memory makers broadly.