{"id":25918,"date":"2026-06-23T04:39:49","date_gmt":"2026-06-23T04:39:49","guid":{"rendered":"https:\/\/globalnewstoday.uk\/index.php\/2026\/06\/23\/memory-crunch-prompts-bets-on-micron-earnings-blowout-the-daily-upside\/"},"modified":"2026-06-23T04:39:49","modified_gmt":"2026-06-23T04:39:49","slug":"memory-crunch-prompts-bets-on-micron-earnings-blowout-the-daily-upside","status":"publish","type":"post","link":"https:\/\/globalnewstoday.uk\/index.php\/2026\/06\/23\/memory-crunch-prompts-bets-on-micron-earnings-blowout-the-daily-upside\/","title":{"rendered":"Memory Crunch Prompts Bets on Micron Earnings Blowout – The Daily Upside"},"content":{"rendered":"

Skeptics who point to the memory industry\u2019s boom-and-bust history see bulls as being a little too high on their own chip supply.
Sean Craig<\/a><\/a>
sean.craig@thedailyupside.com<\/a>
Shares in one of the artificial intelligence supply chain\u2019s most important providers, Micron Technology, have surged 880% in the past 12 months. After rising 6.8% yesterday, the memory hardware manufacturer\u2019s stock closed at a record $1,211 and its $1.3 trillion market capitalization made it the world\u2019s 13th-most valuable publicly traded company.
A new supply deal with Anthropic, plus Micron\u2019s \u201cstrategic investment\u201d in the soon-to-list<\/a> AI developer, marked the latest signals that memory chips may be an integral part of the most lucrative infrastructure play of the decade. But, all that said, expectations on Wall Street for the company\u2019s quarterly earnings report tomorrow are now higher than the crowd at a Phish concert. Skeptics who point to the memory industry\u2019s boom-and-bust history see bulls as riding a little too high.
Goldman Sachs estimates<\/a> $7.6 trillion in AI capital spending from this year through 2031. As one of the few companies capable of making the high-end memory and storage hardware needed to run advanced AI models, Micron is an essential component of the tech\u2019s supply chain.
With a memory crunch expected to last until at least<\/a> next year, the Boise, Idaho-headquartered company and its South Korean rivals Samsung and SK Hynix have gained extraordinary pricing power. The three control 89% of the Dynamic Random-Access Memory (DRAM) market, where prices have quadrupled in the past year, according<\/a> to ING. Micron\u2019s previous quarterly earnings report tells the story: Sales rose nearly 200% year over year to $23.8 billion. Analysts expected even more explosive growth tomorrow, with a consensus forecast of roughly $35.5 billion in revenue, more than triple Micron\u2019s $9.3 billion haul a year ago, according to FactSet. Whether that\u2019s sustainable is still a matter of debate:
\u2018A Fundamental Shift\u2019: <\/strong>Bulls have argued that today\u2019s memory shortage is different from past cycles because it\u2019s driven by massive hyperscaler capex plans, rather than trends in consumer electronics like phone and computer model releases. \u201cMemory is no longer a cyclical commodity,\u201d IDC associate vice president Soo Kyoum Kim wrote<\/a> on Monday. \u201cIt has become a strategic infrastructure input.\u201d He added that data shows \u201ca fundamental shift in demand architecture, away from consumer electronics, where seasonality and upgrade cycles govern behavior, and toward AI training and inference infrastructure, where demand doesn\u2019t normalize between quarters. It compounds.\u201d
Samsung, Dell, Nintendo, Sony and Microsoft have all recently announced price hikes to their consumer electronics. <\/a>
The US government took a 10% stake in Intel last year and the Trump administration has been arguably its best sales advocate. <\/a>
Cybersecurity experts are raising concerns that the shutdown of Anthropic\u2019s models could open bigger holes in the US\u2019s digital defenses. <\/a>
The company is opening up its less-than-truckload service to all businesses, letting anyone reserve space by the pallet in its trucks. <\/a>
There\u2019s been a bit of a vibe shift since Nvidia CEO Jensen Huang tabbed Marvell as \u201cnext trillion-dollar company\u201d just a week ago. <\/a>
Projections of massive growth for X (n\u00e9e Twitter), xAI and Starlink are all central to the lofty SpaceX IPO thesis. <\/a>
After a dry spell amid high interest rates and inflation uncertainty Q1 saw 35 IPOs raise $9.9 billion, according to Renaissance Capital. <\/a>
Broadcom expects AI-related chip revenue to climb 200% to $16 billion in the current quarter, short of Wall Street\u2019s most bullish forecasts. <\/a>
A share price rally pushed ASML’s market cap to $668 billion on Wednesday, beating a European record set by Novo Nordisk in June 2024. <\/a>
In March, The Information reported that bankers involved in taking the company public expect it to raise a monstrous $60 billion in its IPO. <\/a>
Running AI agents around the clock can consume hundreds of millions, or even billions, of tokens (units of data) a week. <\/a>
40% of nearly 1,000 major companies surveyed by Bain & Company found cost reductions from AI use of just 10% or less. <\/a>
\u00a9 2026 The Daily Upside<\/p>\n

source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Skeptics who point to the memory industry\u2019s boom-and-bust history see bulls as being a little too high on their own chip supply. Sean Craigsean.craig@thedailyupside.comShares in one of the artificial intelligence supply chain\u2019s most important providers, Micron Technology, have surged 880% in the past 12 months. After rising 6.8% yesterday, the memory hardware manufacturer\u2019s stock closed […]<\/p>\n","protected":false},"author":1,"featured_media":25919,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-25918","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"_links":{"self":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/25918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/comments?post=25918"}],"version-history":[{"count":0,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/posts\/25918\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media\/25919"}],"wp:attachment":[{"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/media?parent=25918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/categories?post=25918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnewstoday.uk\/index.php\/wp-json\/wp\/v2\/tags?post=25918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}