Micron emphasized that its results reflect just how important memory is to the AI buildout, and that has investors feeling more excited about other memory and storage stocks as well. Shares of Sandisk were up more than 9% in after-hours trading Wednesday after closing down 2.

As the global race for AI moves forward, a shortage of memory chips has begun to drive up prices of consumer electronics and may lead to product shortages.

Microsoft said memory and storage prices have increased by "more than 2.5x" and it expects "another doubling by the fall of 2027."

While Apple’s RAM upgrades were already expensive, the latest round of price increases has added to them even further. While the price increase on some of the configurations is moderate, a few of them now have absurd price tags that have prospective buyers worried.

Microsoft is raising Xbox console prices worldwide on August 1 as memory and storage costs climb, with the Xbox Series X reaching $800.

Micron and Anthropic partner to optimize HBM, DRAM and SSDs for Claude AI training and inference—boosting efficiency, cost and scaling.

On June 25, 2026, Apple’s price hikes across Macs and iPads put investor focus on margins and consumer demand.

NEW YORK, NEW YORK - DECEMBER 31: Times Square sits empty while fireworks and confetti are displayed at the 2021 New Year's Eve celebration in Times Square on December 31, 2020 in New York City. (Photo by Noam Galai/Getty Images) This is the second in a ...