TECH - Micron's DRAM Supply Temporarily Hit by Taiwan Earthquake But Long-Term Outlook Remains Strong | Benzinga
Micron Technology Inc (NASDAQ:MU) announced that the April 3 earthquake in Taiwan will likely reduce its dynamic random access memory (DRAM) supply for the calendar quarter by up to a mid-single-digit percentage.
With operations in four Taiwanese locations, Micron plays a significant role in the global chip supply chain, sparking concerns about potential disruptions due to the earthquake.
However, the company clarified that while it hasn’t reached full DRAM production capacity post-earthquake, the event will not affect its long-term DRAM supply capabilities, Reuters reports.
These chips, designed for use in Nvidia Corp’s (NASDAQ:NVDA) H200 graphics processing units for AI applications, have seen tremendous market demand.
The booming AI industry’s demand for DRAM chips has led to a surge in Micron’s ...