The global semiconductor memory shortage triggered by the AI boom is far worse than most companies currently realise and could last well beyond 2028 despite massive investments in capacity expansion, a top industry executive said, warning that Indian firms risk being caught unprepared.
“We're already in that state where the aggregate demand is very far above aggregate supply…at levels that I have not seen in my career,” Sumit Sadana, executive vice-president and chief business officer at Micron, told ET in an interview. “There is no physical way to supply the demand that all of our customers have.”
