Micron Technology(US:MU) Zhi Tong Cai Jing·2026-01-19 06:45Core Viewpoint - Micron Technology has reported an unprecedented shortage of memory chips, exacerbated by the surge in demand for high-end semiconductors required for artificial intelligence infrastructure, which is expected to persist beyond this year [1] Group 1: Supply Chain and Market Impact - The ongoing memory chip shortage is significantly impacting traditional industries such as smartphones and PCs, with manufacturers like Xiaomi and Oppo reducing their shipment targets for 2026 due to rising memory costs [1] - Counterpoint Research estimates a potential 2.1% decline in global smartphone shipments this year due to the memory chip shortage, which is also affecting PC manufacturers like Dell [2] - The demand for high-bandwidth memory (HBM) for AI accelerators is consuming a large portion of the industry's available capacity, leading to supply shortages for traditional sectors [1][2] Group 2: Company Strategies and Investments - Micron has announced plans to invest $1.8 billion in a site in Taiwan, which is crucial for its production, significantly shortening the time to bring new factories online [6] - The company is committed to transitioning 40% of its DRAM manufacturing to the U.S., supported by $6.2 billion in funding from the CHIPS Act and increased tax credits [6] - Micron is prioritizing supply to strategic enterprise customers, including Nvidia, by terminating its consumer-grade memory business [5] Group 3: Future Production Plans - Micron's $100 billion project in Syracuse, New York, aims to build four DRAM wafer fabs, with the first wafers expected to roll out by 2030 [6] - The company is also expanding its existing facilities in Boise, Idaho, and modernizing its manufacturing site in Virginia to increase production capacity [6]