Micron Technology(US:MU) 日经中文网·2026-01-10 00:34Core Viewpoint - The semiconductor market is expected to face a supply shortage, particularly for AI-related semiconductors, while general memory products for smartphones and personal computers are also experiencing shortages due to prioritization of higher-margin AI products [2][5][7]. Group 1: Semiconductor Supply and Demand - Experts predict a supply shortage for AI semiconductors, especially for GPUs, with production lines operating at full capacity [5]. - The demand for high-bandwidth memory (HBM) used in GPU computations is outpacing supply, prompting companies like Micron Technology to expand production [5]. - General memory products for smartphones and PCs are also in short supply, as major companies focus on producing more profitable AI-related products [7]. Group 2: Market Trends and Price Movements - Samsung Electronics reported a record operating profit of 20 trillion KRW for Q4 2025, driven by a 50-55% increase in DRAM prices and a 33-38% increase in NAND prices [4]. - The semiconductor market is projected to grow by 26% in 2026, reaching approximately $975.4 billion, nearing the $1 trillion mark [8]. - Concerns have been raised about potential over-investment in AI data centers by companies like Oracle, which could disrupt semiconductor supply-demand dynamics if AI demand fluctuates [8]. Group 3: Future Outlook - The DRAM prices are expected to continue rising in the first half of 2026, influenced by high demand from data centers [7]. - There are mixed opinions on the recovery of automotive semiconductors, with some experts warning of potential supply shortages and price increases starting in early 2026 [7]. - The overall shipment volumes of smartphones and personal computers may decline due to rising memory costs, particularly affecting lower-priced models [7].