Senior semiconductor analyst Vivek Arya from Bank of America Securities released a new analysis, stating that artificial intelligence is driving a structural transformation in the memory industry, and the imbalance between supply and demand for AI-specific storage chips will last at least until the end of 2027.
Based on Micron Technology's latest quarterly financial report, the capacity required to produce AI-optimized storage chips is three to four times that of traditional computing storage products. He proposed the industry assertion that "without storage chips, there is no artificial intelligence." This round of significant profit growth by storage manufacturers is not a traditional cyclical recovery but rather a long-term structural growth driven by AI computing power demand. In terms of the supply chain, Micron has signed long-term supply agreements with 16 customers, securing future supply volumes, pricing, and delivery guarantees, mitigating the risk of supply fluctuations.
