NVIDIA: $NVDAB
DRAM prices are already extremely high, and they may continue to rise.
SK Hynix: $SKHY
It is expected that memory supply and demand will not rebalance until at least 2030.
Micron: $MU
Micron’s 2026 HBM capacity is already sold out, and it is now moving forward with HBM4E.
So, based on the public statements from these upstream and downstream companies, market expectations for Micron’s next-quarter results still lean toward the possibility of continuing to beat expectations.
The real controversy isn’t whether there is demand for memory right now.
It’s whether the memory demand driven by this AI wave will be a sustained multi-year structural growth cycle, or just another cyclical peak that ultimately leads to large-scale capacity expansion.
DRAM prices are already extremely high, and they may continue to rise.
SK Hynix: $SKHY
It is expected that memory supply and demand will not rebalance until at least 2030.
Micron: $MU
Micron’s 2026 HBM capacity is already sold out, and it is now moving forward with HBM4E.
So, based on the public statements from these upstream and downstream companies, market expectations for Micron’s next-quarter results still lean toward the possibility of continuing to beat expectations.
The real controversy isn’t whether there is demand for memory right now.
It’s whether the memory demand driven by this AI wave will be a sustained multi-year structural growth cycle, or just another cyclical peak that ultimately leads to large-scale capacity expansion.