Micron's CEO says AI is unlike any demand driver the memory industry has ever seen — customers are signing five-year deals and still can't get enough supply. If he's right, the chip sector's most volatile corner just became a lot more predictable.

Micron's CEO says artificial intelligence has permanently changed the economics of memory, creating demand so strong that customers are begging for 50% more supply than the company can deliver. Long-term contracts, a $10 billion research lab, and the largest semiconductor site in U.S. history suggest Micron is betting everything on that claim. Is this a new era for chipmakers, or a boom that will eventually bust like the rest? https://qz.com/micron-ceo-ai-memory-business-boom-bust-082126

Micron's CEO says AI is unlike any demand driver the memory industry has ever seen — customers are signing five-year deals and still can't get enough supply. If he's right, the chip sector's most volatile corner just became a lot more predictable.

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