Micron Projects Tightening RAM Shortages Through 2028 As It Generates Record Profit
- Reference: 0185919570
- News link: https://hardware.slashdot.org/story/26/10/01/1822222/micron-projects-tightening-ram-shortages-through-2028-as-it-generates-record-profit
- Source link:
> The memory and storage industry is not holding back on increasing production, though, with Micron saying that NAND and DRAM shipments are expected to grow in the low-to-mid 20s percentage range for the next two years. However, it seems that this is not enough to match growing demand, as it expects "the industry to remain supply constrained in both years." Still, it seems that manufacturers are prioritizing HBM demand for AI data centers, with the company expecting shipments of these chips to grow faster than conventional DRAM.
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> Micron and other chip manufacturers are bringing new factories online to increase output, but it's going to take years before they can start producing chips. But even as we're amid an unprecedented multi-year memory chip shortage, Micron also announced record financial guidance. It forecasted a record $61.5 billion FQ1 revenue and a gross margin of 86.25%, implying a gross profit of more than $53 billion. After accounting for an estimated $2.06 billion in operating expenses and a tax rate of around 15.5%, the company said its earnings per share sit at $38.15, plus or minus $1.00, for approximately 1.15 billion shares.
[1] https://www.tomshardware.com/pc-components/dram/micron-projects-tightening-ram-shortages-through-2028-as-it-generates-record-profit-record-86-25-percent-gross-margin-drives-over-usd53-billion-in-quarterly-profit
world for billionaires (Score:3)
The world is for billionaires now. The rest of us are screwed.
A modest prediction (Score:3)
Within 10 years, computer will be twice as useful, ten thousand times larger, and so expensive that only the 5 richest kings of Europe will own them
Re: (Score:3)
Maybe when Thomas Watson said "I think there is a world market for about five computers", back in the 1950s, he was actually being really insightful... but just way ahead of his time.
Re: (Score:3)
Will they have a floating point unit? That's my personal favorite unit.
OPEC, but worse (Score:2)
What incentive do they have to press the accelerator on DRAM production increase? High end DRAM isn't a commodity. A random person can't build a factory and start producing these chips. There's a select few companies (that aren't supposed to collude, but are all members of the same golf, or karaoke, club). There is no incentive for any of the DRAM produces to ramp up production. They have a product people are willing to pay any bags of cash for.
Why would they go do a fool thing like increase production?
Incr
Re: (Score:2)
quick correction: 1979. look up the 1979 oil crisis.
Also as it illegally colludes with the other big 3 (Score:4, Insightful)
If you want to get back into the hobby of computing and or video gaming then you need to enforce antitrust law.
Everyone in the industry knew these shortages were coming and everyone knew they were going to last for a decade or more.
In a free market several of these smaller semiconductor companies would have just entered the ram market and we wouldn't have had the shortages.
Those companies and the banks that would have supplied them know that if they try they will just be run out of business and no one is going to protect them because we don't enforce antitrust law.
On top of that it's just hard to borrow money because someone keeps causing runaway inflation...
In America if you want to have computers you need to vote democrat. We are two party system because of our winner-take-all for his past the post voting system and that's not likely to change anytime soon. And we both know which of the two parties actually enforces laws of the white collar kind.
Pick your local equivalent if you're not American but if you're going to keep voting for people who promise you the world and deliver high inflation and zero law enforcement on white collar crime then you're going to get what you get and that means you're not going to be able to enjoy your hobbies anymore.
Right now there's a lot of old computer hardware people can pick up and play with but that stuff is starting to end up in the hands of people who want or need it and the price is going up. It'll be another hobby you're just cut off from in 5 or 10 years Max unless something changes.
Oh, and I'm sure taking video games away from jobless angry young men with nothing to lose will turn out great for everyone. I'm sure you won't run out of bullets before the world runs out of desperate people.