Micron Technology(US:MU) 国芯网·2026-01-13 04:42Core Viewpoint - The semiconductor industry is facing a supply shortage that is unlikely to improve significantly before 2028 due to long wafer fab expansion cycles and complex certification processes [2][4]. Group 1: Supply Chain Challenges - Micron's first wafer fab in New York is planned to start production in 2030, with subsequent fabs expected in 2033 and around 2045 [4]. - The Idaho fab is expected to begin DRAM production in 2027, with the second Idaho fab projected to come online before the New York facility [4]. - New fabs face delays not only from construction but also from customer certification and high standards required for AI clients, which will extend timelines [4]. Group 2: Demand Dynamics - The rapid growth in AI-related demand is becoming a critical focus for Micron, with the data center and enterprise market share in Micron's overall memory business increasing from 30%-35% to nearly 50%-60% [5]. - The decision to exit the Crucial brand reflects Micron's strategic shift towards enterprise DRAM and SSD to meet the rising demand driven by AI [5].