Micron DRAM Insight

Micron is diversifying its automotive revenue through a second major SCA with Ford, following last week's General Motors deal.

• Supply security: The...

HHI of 2,838 (or 5,042 treating Korean firms together) underscores Micron's pricing power alongside Samsung and SK Hynix, amplified by $590B Korean...

Micron shares fell 6% in premarket trading after a tech selloff and Samsung's results triggered profit-taking, yet DRAM prices are forecast to jump...

Automotive Supply Deals

• 🔥 Micron-Ford Pact: Micron and Ford signed a multi-year Strategic Customer Agreement to supply LPDRAM, NOR flash, and...

Is the post-Samsung earnings selloff in memory stocks a dip to buy or the start of a downtrend?

• Samsung's results beat estimates with Q2 operating...

Micron's long-term Strategic Customer Agreement with Ford secures memory supply (LPDRAM, NOR flash, UFS NAND) for next-generation vehicles, expanding...

The DRAM market shows extreme concentration, with Samsung (38%), SK Hynix (29%), and Micron (22%) controlling 89% of supply.

This yields an HHI of...

Micron's 16 Strategic Customer Agreements, including 14 take-or-pay deals worth at least $100 billion, now anchor its valuation even as shares near...

Gavin Baker's four-pillar thesis points to sustained DRAM/HBM shortages driven by AI hardware limits, disciplined TSMC capacity, agentic workloads,...

Japan is covering roughly a third of Micron's $9.3 billion Hiroshima HBM fab via ¥500 billion in subsidies, part of ¥775 billion total support. This...

Micron's fiscal Q3 revenue surged 346% to $41.4B on multi-year HBM deals, signaling a structural AI memory floor.

• DRAM is the only pure-play:...

A new class action alleges Micron, Samsung, and SK Hynix colluded to restrict DDR3/DDR4 output and shift capacity to HBM, driving consumer DRAM prices...

Micron shares plunged roughly 10% on June 24 after filing Q3 results, despite 260% YTD gains from HBM demand. The drop reflected crowded positioning...

AI data center expansion is hitting hard limits from HBM DRAM shortages, where just three firms — SK hynix, Samsung, and Micron — dominate supply and...

Michael Burry's short bet aligns with Bloomberg Intelligence warnings that memory shortages peaked in Q2 2026, with oversupply risks emerging by 2028...

Micron's long-term supply agreement with Ford, signed days after its GM deal, advances automotive diversification via expanded US manufacturing including Virginia DRAM production and a growing portfolio of contracted revenue deals.

Capacity Expansions

• 🔥 Hiroshima Fab Expansion: Micron broke ground on a ¥1.5 trillion ($9.3 billion) expansion of its Hiroshima fab for 1γ DRAM...

Micron broke ground on a ¥1.5 trillion Hiroshima expansion for 1γ DRAM and HBM, with equipment arriving only in 2H28. Similar multi-year delays apply...

• Consensus estimates project explosive growth: 2026 revenue at $129.59B and 2027 at $236.82B, with EPS surging to $73.32 then $149.64.
• Michael...

Three signals confirm a structural DRAM shift:

• Pricing power surges as Samsung pushes 20% 3Q26 DRAM ASP hikes, with LPDDR potentially higher amid...