Story perspectives

Micron to expand memory-chip capacity with new fabs

By Drooid · Oct 17, 2026, 2:37 AM UTC · How we work

Summary

Story summary

Micron Technology will open new fabrication facilities in mid-2027 and late 2028.
The plants are expected to boost Micron’s memory-chip production capacity.
Management says tighter market conditions in 2027-2028 will keep prices high.
Wall Street analysts project 106% revenue growth for fiscal 2027 and 16% for fiscal 2028.
The author estimates a 60% profit margin could generate $419 billion net income by 2030.

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Story summary

Micron Technology will open new fabrication facilities in mid-2027 and late 2028.
The plants are expected to boost Micron’s memory-chip production capacity.
Management says tighter market conditions in 2027-2028 will keep prices high.
Wall Street analysts project 106% revenue growth for fiscal 2027 and 16% for fiscal 2028.
The author estimates a 60% profit margin could generate $419 billion net income by 2030.