Micron tech plans heavy spending on AI demandBloombergMicron Technology Inc warned that it would need to spend heavily on production to meet burgeoning demand, overshadowing an upbeat forecast from the largest US maker of computer memory chips. Micron Technology president and chief executive officer Sanjay Mehrotra speaks at a groundbreaking ceremony for a new Micron semiconductor manufacturing facility in Clay, New York, on Jan. 16. The heavy spending reflects the cost of keeping up with an insatiable appetite for Micron’s memory chips, especially high-bandwidth components used in artificial intelligence (AI) computing. The global shortage is likely to persist for another four to five years because of endemic constraints in semiconductor production, SK Group chairman Chey Tae-won said this week. In the AI market, Micron is working to ramp up production of new high-bandwidth memory, or HBM4.

Source: Taipei Times March 19, 2026 16:04 UTC