The Memory Chip Squeeze Is About to Make Your Next Phone and Laptop More Expensive
If you're planning to buy a laptop, phone, or game console in the next year, that purchase is quietly getting more expensive—and Micron's blowout earnings are the early warning sign. The chipmaker reported third-quarter profits surging nearly 1,400% as a global memory shortage lets it charge far more for the chips that store data in nearly every device you own.
Bottom Line
Micron's eye-popping profits are a symptom of a memory market being reshaped by AI demand, and the bill is heading toward ordinary consumers in the form of pricier, less-generous devices. Memory is a cyclical business, so today's shortage will eventually flip to glut—but the squeeze is real right now, and the timing of your next big tech purchase matters more than usual.
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