Micron CEO warns AI is in early stages needing more memory

Micron Technology's CEO has cautioned that artificial intelligence remains in its very early stages and will require additional memory. The remarks signal ongoing challenges in the RAM market. Nvidia is addressing VRAM shortages by reviving an old GPU.

Micron's CEO stated that 'AI is in very early innings' and emphasized that it 'will need more memory.' These comments, made amid persistent supply issues, suggest the RAM crisis persists without immediate resolution. The executive's warning underscores the growing demands from AI technologies on memory resources. [](https://www.techradar.com/pro/micron-ceo-warns-ai-is-in-very-early-innings-and-it-will-need-more-memory-another-ominous-sign-the-ram-crisis-isnt-going-anywhere-as-nvidia-resurrects-a-very-old-gpu-to-cope-with-vram-supply-woes#:~:text=Micron%20CEO%20warns%20%27AI%20is%20in%20very%20early%20innings

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Business executives from Nvidia and SK hynix shaking hands in a high-tech boardroom with AI factory elements in the background.
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Nvidia and SK Hynix sign multiyear deal for AI factories

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Nvidia and SK Hynix announced on June 8 that they have entered a multi-year technology partnership to develop next-generation memory technologies for AI factories.

Apple CEO Tim Cook stated that high memory costs will significantly impact the company's business in coming quarters. He highlighted supply constraints during the latest earnings call despite strong revenue growth. The issue stems from skyrocketing RAM prices driven by AI data center demand.

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A Chinese PC parts vendor who stockpiled DRAM during high prices expressed despair after recent price drops. In a video from a warehouse filled with memory chips, the vendor questioned if prices might rise again. The declines follow AI-driven shortages but are not yet widespread.

A Xiaomi executive warned on an earnings call that memory prices surging 'beyond imagination' are drawing smartphone makers into a long-term price-raising cycle, after which some players may suffer significant losses or even closure. The company reported a 27 percent year-on-year drop in fourth-quarter net profit.

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