Samsung said on July 30 that memory shortages could worsen in 2027 and persist through 2028.
The warning strengthened the pricing outlook for Micron Technology, Inc. (NASDAQ:MU) while exposing a potential supply constraint for NVIDIA Corporation (NASDAQ:NVDA)
Micron shares jumped 18.4% that day as Samsung’s report revived confidence in the memory cycle. Samsung has signed supply agreements with the five largest global data-center companies and is nearing deals with five more. It aims to place about two-thirds of its longer-term memory output under contracts lasting at least five years, typically with upfront payments and price floors.
Customers are paying for supply certainty before new fabrication capacity can materially relieve the shortage. Micron Technology, Inc. (NASDAQ:MU) has already moved in the same direction. On June 24, it disclosed 16 strategic customer agreements covering roughly 20% of its DRAM volume and one-third of its NAND volume through 2030.