Micron Stock Spikes As 'Memflation' Hits The Memory Market
Benzinga • • business
Key Points:
- Micron has launched the 245TB Micron 6600 ION SSD, the highest-capacity commercially available solid-state drive, designed for data center rack-scale storage targeting AI, cloud, enterprise, and hyperscale workloads.
- The new SSD addresses critical AI infrastructure bottlenecks by enabling data centers to increase storage density without additional power or cooling requirements.
- Industry analysts highlight that Micron’s 2026 HBM production capacity is fully pre-sold, and the company is applying a similar strategy to NAND products amid surging demand.
- Gartner forecasts a dramatic increase in global memory revenue, expecting it to nearly triple from $216.3 billion in 2025 to $633.3 billion in 2026, driven by sharp price spikes in DRAM and NAND flash, a phenomenon termed "memflation."
- The memory shortage and price inflation are causing double-digit declines in PC and smartphone units as manufacturers absorb higher costs, with the shortage expected to impact device pricing and growth through 2026.
