bottleneckScore 55/100Watch
NAND flash supply shortage expected to persist; Micron and SanDisk benefiting from structural undersupply
Lisa Su· AMD· AI· 2026-05-27· about Micron (MU)
“The trend force has shown that the supply shortage of NANDs will continue. And the fact that DDR4 price rise continued to be an additional cause of rise last night.”
Why it matters
NAND undersupply and DDR4 price increases suggest structural capacity constraints in memory production, supporting pricing power for suppliers and potential margin expansion.
Investment implication
Micron and SanDisk positioned to benefit from sustained NAND shortages and pricing. Memory equipment suppliers (Applied Materials, KLA) should see elevated capex from memory manufacturers responding to supply gaps.