AI DemandStrong demand from the AI space and limited supply has caused DRAM spot price to rise almost 50% in just the last two weeks, which is expected to result in Micron sales up roughly 20% QoQ this quarter.
DRAM PricingDRAM pricing will be up 25% QoQ, which is nearly unprecedented since the 1990s, driven by limited supply growth and strong demand, particularly from the AI space.
Sales And EPS EstimatesEstimates for Micron's sales and EPS are significantly above consensus, reflecting confidence in continued strong performance.