Micron Technology is set to increase prices for its memory and storage products, attributing the decision to a surge in demand from the artificial intelligence (AI) sector and recent power outages at its Singapore factory.
According to Taiwan’s DigiTimes on the 27th, Micron has notified its customers of upcoming price hikes for memory and storage semiconductors. While the exact amount of the increase has not been disclosed, industry experts anticipate that NAND flash prices could rise by up to 11%, while DRAM—including high-bandwidth memory (HBM)—is expected to see a more modest increase of under 10%.
Micron has cited the rapid growth in AI-related demand as the primary reason for the price adjustments. The company stated, “Demand across the AI sector is increasing across the board, prompting these price changes. Our 2025 HBM supply is already sold out, and negotiations for 2026 capacity are currently underway.”
The significant increase in NAND flash prices is partly attributed to production disruptions caused by a power outage at Micron’s Singapore facility in January, which manufactures the majority of the company’s NAND flash products.
Mike Cordano, Micron’s Executive Vice President, commented, “The memory and storage market is recovering, with demand exceeding expectations. To maintain our capabilities for product development, maintenance, and manufacturing, we have decided to adjust our pricing.”
As the AI sector continues to grow, Micron’s price adjustments reflect the increasing pressures and opportunities within the semiconductor market.
