Micron has confirmed its plans to raise memory prices, citing strong demand for DRAM and NAND flash in the years ahead. The company's latest announcement suggests that prices will continue to rise through 2025 and 2026 as supply constraints and growing demand from AI, data centers, and consumer electronics drive up costs.
The price hike comes as the memory market rebounds from a period of oversupply and declining revenues. Over the past year, DRAM and NAND flash prices have steadily recovered due to production cuts by major suppliers and increasing demand for high-performance computing and AI workloads. With Micron confirming its intention to raise prices, other memory manufacturers such as Samsung and SK Hynix are expected to follow suit, further solidifying the upward pricing trend.
